Going With The 60min Flow!!!

[niftychance]

Hi Vin, Maybe joke for you !!! But its money money money for me!!!!!!

Regards
R K Karnani

Ahha Sir

The Joke was about 'Short' n 'Circuit' ...

Thanks

 

[rkkarnani]

Vaguely remember reading by Saint that he usually exits all positions before a circuit is hit!!!
I think it was some times in this October only!!! And the decision seems rational too!!! So I also did the same today!!!
When I exited i was told that the circuit is just 20 points away!!! Seems it has been revised further down!!!

 

[SamFisher]

NF SAR be moved to 2735+15 ?
Do we need one more bar?

 

[rakeshluthra430]

NF SAR be moved to 2735+15 ?
Do we need one more bar?

No, not one more bar...but once this current bar closes i.e. after 3pm. But if we cross the high of the 2pm bar before 3, then the stops stay where they were.

 

[rkkarnani]

NF SAR be moved to 2735+15 ?
Do we need one more bar?

You dont need another bar but should wait for the present bar (3 PM) bar to complete before changing the SAR!!!

 

[rkkarnani]

Why did the market not stopped after hitting circut break @ 10%

Circuit breaker limits are dynamic, they change with time!!! Dont know the exact mechanism but the levels are different if Circuit is hit before 1 PM or after 1 PM...etc. etc.

 

[musicjunkie]

Will be shifting Aban SAR to 1pm bar at 3 o'clock....
Please check....
Just got my feet wet with ABAN yesterday...

MJ-

 

[SamFisher]

No, not one more bar...but once this current bar closes i.e. after 3pm. But if we cross the high of the 2pm bar before 3, then the stops stay where they were.

You dont need another bar but should wait for the present bar (3 PM) bar to complete before changing the SAR!!!

Thanks Rakesh and RK,
Yes I was referring about 'one more bar' as current bar...

But suppose if the current bar moves up. Can't we consider the move as sideways movement and breakout ?(we have done something simillar in the past for long trades)
Just to have understanding... Not at all interested in moving the SAR at this stage of markets

 

[musicjunkie]

My Aban SAR @ 850+20

MJ-

 

[SamFisher]

Nifty F SAR at 2750 (=2735+15)