Going With The 60min Flow!!!

[debdeeps]

So what's the current position now in NF? Long or Short?

 

[ANBE SHIVAM]

So what's the current position now in NF? Long or Short?

Long with SAR @ 2855-15=2840

 

[milind]

Friends -

Bruised today ---- But still have the SAR on our side at 2854 - filter..... Some consolation.....if at all.... Tomorrow a new day. Let us see

regards Inspire.

Bruised too. But in 60m, tomorrow is continuation of today. And with the way EU is today, and US futures down, not sure if we will hold Longs too long.

 

[bandlab2]

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faith

thank you faith sir, tonight i will download and try this

 

[kumark]

Hi Milind

Bank of England Cut interest rates by 1.5% (More than expexted)..So trend may reverse compare to today...

Regards

Kumar

Bruised too. But in 60m, tomorrow is continuation of today. And with the way EU is today, and US futures down, not sure if we will hold Longs too long.

 

[Smart_trade]

Bruised too. But in 60m, tomorrow is continuation of today. And with the way EU is today, and US futures down, not sure if we will hold Longs too long.

We will have a few reversals but overall the system will make huge gains over period of 6 moths or so.Keep trading with confidence and quantity as permitted by MM. We will come out winners !!!

Smart_trade

P.S. : I am nursing my wounds in 60 and in mini too

 

[vinst]

Excellent posts by inspire,and Saints posts on gaps,I have a practical solution as under :

We have an uptrend for 2-3 days,last day showing thrust in Higher top,higher bottom formation ,next day market opens with a visual gap,and 5 min high taken out,great, we are riding the uptrend.

But if 5 min low is cracked,there is a possibility of exhaustion gap and we should reverse.We may get stopped out couple of times but it will be a small SL of 40-50 points,and since we have a large upmove already in our pockets,we can practically afford a couple of stops getting hit,but more often than not we will catch the exhaustion gap and go short from 40 points below the swing high,is n't that a great entry ?

Smart_trade

I was so convinced with this gap up that i closed long and shorted NF at 3220 area (NF had problems that day 5 nov from NSE side). I too find it difficult to quantify 'monster gap' in trend direction.
But just a recollection of trades based on these in last 4-5 months tell my unconscious mind, that Saint's rule of 3-4 days of good uptrend (everyday higher closing) PLUS 3%-5% (my take) higher opening PLUS large upthrust (as said above) in previous day's last 2 hours or so 'qualifies' the gap for being used as a place to reverse the trade to short.

regards,
vin

 

[vinst]

Itne vee change na karo janaab vaar-vaar...
ho gaye ne SAR hit, tin dinaa vich tin vaar

By rkpahwa

Now it is becoming tough to beat these innovative ideas !!

pahwa, prabh, rakeshluthra, myvineet
my email address is given below (remove all blanks)
vinst1 @ y a h o o dot c o m

vin

 

[rakeshluthra430]

Pahwa Saab, Vin,

Keeta kisi ne..te badnaam koi hor ho gaya,
Loss te part of business ne...par enna poada kyon pae gaya.

Tension naa lao bauji...losses honde rende ne,
Karde rao system follow...profit tuadde hone ne.

Rakesh

 

[Saint]

The previous trade:Shorted at 3283,added at 3120,added at 3048....exit at 2963

Saint