Going With The 60min Flow!!!

[senty]

can we apply 2-bar rule for SAR now in Aban and LnT??

 

[rakeshluthra430]

Add coming up at 2786-7

 

[Muktha]

add is @ yesterdays low ie 2785-7=2778
pls confirm

 

[Pattel]

can we apply 2-bar rule for SAR now in Aban and LnT??

That will still be HOD + room right? same as what we have now

 

[senty]

yea, it will not make diff.. but just checkin whether am gettin the flow rules properly or not. thnx.

 

[Satyen]

Good Morning ALL
Sorry komal for late and nice discusion by Rakesh,ST,RK Prabh, Pattel .... thanks

Regards
Satya

 

[rakeshluthra430]

Good Morning ALL
Sorry komal for late and nice discusion by Rakesh,ST,RK Prabh, Pattel .... thanks

Regards
Satya

Satya,
Why do you become Gayab so often... Hope your health is fine now..

And thanks for your charts..always miss them.

 

[Satyen]

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Yesterday the problem was that we already had hit a high of 3178 but our pivot stoploss was around 2941, almost 240 pts. i.e 8% away, which proved to be too much to leave , had we used 2 bar our stops would have been around 3076 i.e 3% away, looks adequate right?

Today we did opposite to what we did yesterday, we actually left no room for movement for Nifty. Nifty was hovering around 2920- 2931 and we moved our stoploss to 2971 i.e less than 2 % room. Now what does this tell us about our foolishness. We were not whipsawed in stocks because we had left 5-6 % room for our stops hence we were saved the blushes.
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.

I sincerely feel it is more to do with getting 2 false trades consecutively that has shaken a number of us.

The system is absolutely fine, the room size is adequate all we need is a bit more patience...end of the month if we are Net in positive we should rejoice. Not many systems can claim a positive returns month after month in such market.
Hats off to you Saint.
Regards
-R K Karnani

Hi prabhjeet yes 8 % away stop loss ok no problem but in my view market generaly gives pivot before hitting a wide pivot .....

some day back while market hit 500 point stop loss then you can see the movement after that .... was too volatile and even gave profit who ever followed strictly and reversed there

Just my view

Regards
Satya

 

[Satyen]

Satya,
Why do you become Gayab so often... Hope your health is fine now..

And thanks for your charts..always miss them.

thanks friend yes fine now ..... was bussy with otherworks today morning yes not gayab yaar i generaly dont come online on week ends , and in nights as i have other responsibilities again i give 5.35 min regularly to market


Regards
Satya

 

[KomaL2099]

Good Morning ALL
Sorry komal for late and nice discusion by Rakesh,ST,RK Prabh, Pattel .... thanks


Regards
Satya

Hi satya
Very good morning ..
Why feeling sorry .. debates are intrinsic part of democracy ..