Going With The 60min Flow!!!

[milind]

Anyone in Aban - add triggered, SAR moved to 1010-room = 990

 

[Satyen]

Exactly! The rules I have contain gap rules too. So thought of going short. But seniors suggested to wait for yesterday's pivots.

Not trying to find fault since I asked for guidence. But would like to know if gap rules are valid or not.

Hi just my thought .. please check your self what is working for you if trading every GAP is ok for you then its Good otherwise by old rule you can trade only pivots ......

Regards
Satya

 

[Pattel]

Anyone in Aban - add triggered, SAR moved to 1010-room = 990

Already added 3 so not adding now. SAR @ 995 as per my chart. ABAN rocking when everything was nose diving.

 

[beethoven]

Exactly! The rules I have contain gap rules too. So thought of going short. But seniors suggested to wait for yesterday's pivots.

Not trying to find fault since I asked for guidence. But would like to know if gap rules are valid or not.

We are both asking the same question my friend. Happy trading

 

[nagakiran]

Exactly! The rules I have contain gap rules too. So thought of going short. But seniors suggested to wait for yesterday's pivots.

Not trying to find fault since I asked for guidence. But would like to know if gap rules are valid or not.

I noted from one of the posts by saint sir,the requirements that to be filled for using gap rules.
considering our current position is short:

a.Multiple WRB down on the 60min
b.Big Gap down
c.First 5min bar must be a Bullish candle

I think this scenario will come very rarely. Please correct me if I am wrong.

 

[rakeshluthra430]

If the current hourly bar doesnt breach 3055 on the downside...that becomes a pivot to reverse....after 1 pm.

I know most wont agree....but I will act if i get that pattern.

Rakesh

 

[milkyblack]

If the current hourly bar doesnt breach 3055 on the downside...that becomes a pivot to reverse....after 1 pm.

I know most wont agree....but I will act if i get that pattern.

Rakesh

Still 25 min to go... if formed then of course even my eyes sees it as a pivot!

Rega

 

[beethoven]

I noted from one of the posts by saint sir,the requirements that to be filled for using gap rules.
considering our current position is short:

a.Multiple WRB down on the 60min
b.Big Gap down
c.First 5min bar must be a Bullish candle

I think this scenario will come very rarely. Please correct me if I am wrong.

Very good. Now see

1. we had a very big run up - 3 days or so (kind of wrb scenario)
2. big gap up
3. first bar bearish

Then why not go short?????

Bee

 

[Satyen]

If the current hourly bar doesnt breach 3055 on the downside...that becomes a pivot to reverse....after 1 pm.

I know most wont agree....but I will act if i get that pattern.

Rakesh

Yes Rakesh i humbly dont agree with this pattern as a Pivot on 60 if we follow old rules ( Go by Eye) ..... but if this is your plan then ok .... love to know about your agresive plan pilot sahab


Regards
Satya

 

[musicjunkie]

If the current hourly bar doesnt breach 3055 on the downside...that becomes a pivot to reverse....after 1 pm.

I know most wont agree....but I will act if i get that pattern.

Rakesh

Cant see what you are seeing. Good your following your eye and trust your judgement...great...

MJ-