Going With The 60min Flow!!!

[lvgandhi]

If I remember correctly Saint has said unless otherwise steep gradient WRBs are there, no two bar method for NF. But for Stock fuitures, he advised two bar method as it moves vertically most of the times.

 

[bandlab2]

can someone tell nifty, are we short or long and whats SAR

 

[Pattel]

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

please share where nifty trades were not succesfull .... waiting your reply

Regards
Satya

Satya,
will post this weekend or may be tomorrow with my trade details(nov trades).

By "not successful" i mean not making good profits, when SAR are hit losing money within my risk taking capacity (which still is a good trade for me). Hopefully i didn't offend anyone here. I need to be careful with my words.

 

[lvgandhi]

yesterday shorted NF at 2941 with SAR 3033. Today after 14:01 SAR is 3003(2988+15). Add at 2856(2863-7).

 

[dnjadeja]

hammer on 1 HR

 

[milind]

FYI - just got a message that market is closed tomorrow

 

[Satyen]

Satya,
will post this weekend or may be tomorrow with my trade details(nov trades).

By "not successful" i mean not making good profits, when SAR are hit losing money within my risk taking capacity (which still is a good trade for me). Hopefully i didn't offend anyone here. I need to be careful with my words.

Arrey na never .... no actualy i wanted to know about the trades to compare with mine to see if went wrong any where

Still need to work to find when to use 2 bar to avoid V shaped move without any pivot hope you have some ideas to share

Regards
Satya

 

[rkkarnani]

Originally Posted by rkkarnani
Saint, extremely sorry to bother you with this one.... I am getting confusing signals after reading a few posts!!! In your rejoinder of rules could not find mention of 2 Bar rule ofr Nifty!!!
Seems I am missing out something :
Can you please put it straight forward : Do we use 2 bar funda in Nifty Futures!??
If yes, its fine.

If no!!! Then how do we handle WRB's!!!!

Reply by Saint :
Basically NF moves in pivots and best to let it do so without us getting involved........but then when there is the WRBs,then of course the 2 bar method....but cannot remember the last time where the 2 bar triggerred a reversal in NF.......very frequent on ABAN,HDIL.....but we have no choice if WRB make a vertical move to the up.

Also,not just for WRB.....also a move that has no pivots will kick in the 2 bar method.
Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust your sail..."

THe link to this post:
http://www.traderji.com/equities/21903-going-60min-flow-706.html#post239422

 

[KomaL2099]

Hope this breakdown is not a failed one

 

[niksan]

Hope this breakdown is not a failed one

I hope the same!