Going With The 60min Flow!!!

[musicjunkie]

I agree Prabh, in hindsight we needed to use 2 bars back for the short reversal. Anyway, now it wont happen again.

MJ-

 

[rakeshluthra430]

I agree Prabh, in hindsight we needed to use 2 bars back for the short reversal. Anyway, now it wont happen again.

MJ-

Yes..I too agree with Prabh. But since this was the first time for me (getting reversal on Nifty using 2bar)...I have pardoned myself.

And as Prabh said..back to the drawing boards to never allow this to happen...working on the extent/duration/no of bars etc etc to set this in place.

Rakesh
ps: I always considered Gap-reverse rule and the 2 bar as problem areas for myself atleast. Great that both got hit last week and we have learnt both by now. So feeling happy...hope I have not spoken too soon..

 

[Satyen]

Yes..I too agree with Prabh. But since this was the first time for me (getting reversal on Nifty using 2bar)...I have pardoned myself.

And as Prabh said..back to the drawing boards to never allow this to happen...working on the extent/duration/no of bars etc etc to set this in place.

Rakesh
ps: I always considered Gap-reverse rule and the 2 bar as problem areas for myself atleast. Great that both got hit last week and we have learnt both by now. So feeling happy...hope I have not spoken too soon..

Hi rakesh 2 bar is a problem area for me also again i m still working GAP rule ideas you said some day back ....

Again can you share any IDEAs when to use 2 bar rule then it will be helpful

Regards
Satya

 

[rakeshluthra430]

Hi rakesh 2 bar is a problem area for me also again i m still working GAP rule ideas you said some day back ....

Again can you share any IDEAs when to use 2 bar rule then it will be helpful

Regards
Satya

Why will I not share it with you my friend...but will be working during this weekend. Hope something good comes out.

And thanks..you liked my 'idea' about the gap reversal.

Rakesh

 

[Pattel]

Moving NF SAR to 3001, holding short from yesterday. LnT leaving SAR @ 888 though we can move it to 887 for the new pivot. No adds as per MM

 

[Satyen]

[]

Moving NF SAR to 3001, holding short from yesterday. LnT leaving SAR @ 888 though we can move it to 887 for the new pivot. No adds as per MM

Great pattel ..............

Again frineds can we call the 11 AM bars high as a pivot to reverse in 60 min was waiting to post it after market but as pattel posted so posting

Friends i do have great respects to you all not offending any one but i was not agree to go long in the morning but had not courage to post against all that we should still short .... if any one using only pivot then in my view it was not a pivot then but if any one used 2 bar or 30 min and sticked to plan then its great

Just my thought

Regards
Satya

 

[rakeshluthra430]

Short now at 2848..stops at hod+15

 

[Pattel]

ABAN Short triggered @ 921 SAR HOD + 20

 

[Pattel]

[]


Great pattel ..............

Again frineds can we call the 11 AM bars high as a pivot to reverse in 60 min was waiting to post it after market but as pattel posted so posting

Friends i do have great respects to you all not offending any one but i was not agree to go long in the morning but had not courage to post against all that we should still short .... if any one using only pivot then in my view it was not a pivot then but if any one used 2 bar or 30 min and sticked to plan then its great

Just my thought

Regards
Satya

I didn't backtest 2 bar method so still going by pivots, feels comfortable. It worked for us in the past and expect it to work now also, although not many successful trades with nifty these days due to volatility. I'm almost thinking to dump nifty and add some stock futures, apart from LnT and ABAN.

We should all be united to the NF flow when LOD was broken even if some of us went long.

 

[Satyen]

I didn't backtest 2 bar method so still going by pivots, feels comfortable. It worked for us in the past and expect it to work now also, although not many successful trades with nifty these days due to volatility. I'm almost thinking to dump nifty and add some stock futures, apart from LnT and ABAN.

We should all be united to the NF flow when LOD was broken even if some of us went long.

Thanks pattel but in my veiw any index is good to trade due to its diversification .........

please share where nifty trades werenot succesfull .... waiting your reply

Regards
Satya