Going With The 60min Flow!!!

[myvineet]

THANX ..my query is due to WRB of yesterday i.e. it is big fall & gap down after that ..thats why i ask

thanx all

 

[Satyen]

Hi ALL Good Morning
Very very happy by Saints Posts

Thanks Dear Saint

Regards
Satya

 

[Satyen]

Thats the problem Komal......size of monster gap is different for everyone. At least I didnt consider this 2-3% gap up to be a moster gap..neither did i consider the upmove of last 2 days as a smooth upmove. But yes, if we consider 3200 odd level to be an area of preivous resistance, as NC puts out, then yes..the logic holds.

Maybe erring somewhere..so will be back to testing the data to fix the size of gaps for myself.
A likely solution (just contemplating..havent analysed yet) would be to book profits with the Gap rules and take the fresh position only when pivots confirm later....we may have best of both worlds that ways (or should I say chickening out in uncertain situation.)

Maybe Saint throws a light on this issue during the weekend....

Thanks a lot,
Rakesh

Thanks Rakesh for these ideas looking forward your test results and also test of second idea .....

Thanks again

Regards
Satya

 

[Prabhjeet]

Even I liked Rakesh's idea, may be will help us against gaps

 

[Satyen]

Though there was huge difference between our and the master`s entry today but one good thing that happened today is We did not create any chaos. Rather we searched for answers and tried to learn from our mistakes.
We are learning Guys .... Great Going ....

Yes Komal it should be the way we all are here to learn bye the way you seems to have all the important link of this thread plz PM me as i did not save a single file

Regards
Satya

 

[Satyen]

Dear Rakesh -
..........................

For those not trading intra but only the 60 mins, todays fall through the first bar should have been taken specially after a rally of couple of days.

Here's how I look at it playing Gaps -- I keep looking for pivot formations. As soon I have a pivot in place , I genuinely feel happy , because we know and are confident that if the pivot is taken out we are game..... Now the problem of Gap --- In case we have 'Visual', 'Monster' Gap in our View....(we are long , Uptrend - Up Gap), this is where the tricky part is.... considering Uptrend - If visual / Monster Gap Up ,--- By and large I am giving 2 cases (there are many more which I am leaving out ) ---- (Case 1) 1st bar forms, 2nd bar takes the high , my S/L is below the first bar low If that gets taken out we would have any ways formed a higher pivot and I am happy. (Case 2) 1st bar forms, 2nd bar takes the low - Do we get out or No ----- Here is where I have a feeling that it will be very difficult for 2 people to come to same conclusion because of the subjectivity of the matter. IN my case -- I take the SAR.......... and my S/L at high of first bar - again waiting for pivot formation . I am ready to take the additional risk of getting whipsawed till a clear pivot formation happens.....

------------------



- Inspire.

Hi inspire please share All the case

Regards
Satya

 

[ANBE SHIVAM]

any change in SAR ,i think pivot high is in making

 

[milind]

any change in SAR

Any objection to 2951+filter

 

[rakeshluthra430]

Any objection to 2951+filter

The only objection is...lets wait till 1 pm for doing that.

Also...Add 2 coming up at 2868-7..

Rakesh

edit: Modified days low value as 2868...from 2867...(data issue at my end). Thanks MJ for your PM.

 

[KomaL2099]

Originally Posted by KomaL2099 View Post
Though there was huge difference between our and the master`s entry today but one good thing that happened today is We did not create any chaos. Rather we searched for answers and tried to learn from our mistakes.
We are learning Guys .... Great Going ....

Yes Komal it should be the way we all are here to learn bye the way you seems to have all the important link of this thread plz PM me as i did not save a single file

Regards
Satya

Satya
Sorry , but I didnt have any saved links/file. I went through the thread yday and searched for that information. It was a tough job
You can find it at
Pg 655-656 New rules posted by saint.
Pg 702-703 minor changes to those rules sply Gap rules.