Going With The 60min Flow!!!

[KomaL2099]

What makes you think that Komal. I think it would be a great help if Saint commented about the current trade.

Such kind of one way moves are the reeason I dont trade Nifty mostly now a days, we have so many good trending stocks out there

I was re-reading the new rules and as per them 2 Bar rule come in to play if we have a vertical move without any pivot. Plain and simple ..WRB or trade day 1,2,3,4 has any importance pertaining to 2 Bar rule or not ; I am not sure about it. I am not sure whether a WRB is mandatory for 2 bar rule to be applied.

For me yday move was a steep vertical move without any pivot formed on the way.

However so far I am going by what I know ... keeping aside my emotions (difficult though)
If we are wrong let SAINT clarify.

Thanks
KomaL

 

[rakeshluthra430]

What you trading nowdays Prabh? Back to your darling HDIL yet?

MJ-

..Another good thing about markets is, we can change our Darlings every now and then..and also go back to the earlier Darlings without their objecting.

How open minded....

Rakesh

 

[Satyen]

Hi All Good afternoon My view :

Regards
Satya

Thanks neeraj for those chart ............

 

[musicjunkie]

..Another good thing about markets is, we can change our Darlings every now and then..and also go back to the earlier Darlings without their objecting.

How open minded....

Rakesh

Thats why I am all up for a live-in relationship .......no legal bindings...IF LT comes out in a swimsuit I dont mind leaving Nifty...

MJ-

 

[KomaL2099]

..Another good thing about markets is, we can change our Darlings every now and then..and also go back to the earlier Darlings without their objecting.

How open minded....

Rakesh

wish your gf/wife can peek into the thread for a while ......

 

[rakeshluthra430]

wish your gf/wife can peek into the thread for a while ......

oh no.....all stops would be hit then in one go.

 

[inspire]

Hi All Good afternoon My view :

Regards
Satya

Thanks neeraj for those chart ............

Tricky move , albeit clean moves , Yesterday's up move and today's down so very similar - no pivots on way up and no pivots on way down. No wrb in between although a clean move up & down. Good intra - But Keeping SAR as mentioned above for my 60 mins trade (Also keeping an eye on 3033 high bar) . When in doubt , waiting for clean pivot to be taken out.

Regards
Inspire.

 

[Prabhjeet]

What you trading nowdays Prabh? Back to your darling HDIL yet?

MJ-

Yes MJ am back to trading HDIL, was watching it in a broad channel fro 110 to about 155, looks like channel is weakening now and we may get a bumper trending breakdown, watch out for break below 110.

I have added a new stock to my trades now a days, Century Textile, wonderful movements

 

[kinkhab]

I was re-reading the new rules and as per them 2 Bar rule come in to play if we have a vertical move without any pivot. Plain and simple ..WRB or trade day 1,2,3,4 has any importance pertaining to 2 Bar rule or not ; I am not sure about it. I am not sure whether a WRB is mandatory for 2 bar rule to be applied.

For me yday move was a steep vertical move without any pivot formed on the way.

However so far I am going by what I know ... keeping aside my emotions (difficult though)
If we are wrong let SAINT clarify.

Thanks
KomaL

Hi seniors ;

I am following this method for last 1 month and doing paper trading on it .
In my view saint last rules suggest to use aggressive pivot and in my view
14:00 hrs to 15:00 hrs bar low 3100 is considered as aggressive pivot and we may reverse to short at 3100 - 15 = 3085 .

If I am wrong Plz SAINT clarify

Kinkhab

 

[beethoven]

I think things are not right here (NF trade). Do not know what steeper rate of rise was expected yesterday to qualify for two bar rule. Clear up move for one and half days and then yesterday's last bar was a WRB.

Guys you have missed out this one also, I am afraid.

Happy Trading

Bee