Going With The 60min Flow!!!

[myvineet]

Re: Live discussion Saint's - 60 minute flow

tiny major or minor .. looks like a pivot to me . hence I reversed.

In btw what is IMO ????

IMO = In My Opinion.

 

[faith]

Re: Live discussion Saint's - 60 minute flow

IMO = In My Opinion.

IMO = in myvineet openion

 

[Muktha]

Re: Live discussion Saint's - 60 minute flow

what is the position in LT?

 

[vinst]

Re: Live discussion Saint's - 60 minute flow

short initiated on nifty

 

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

komal, did you reverse at 3057 ? sar now at 3116+filter ?

yup at 3072-f

 

[vinst]

Re: Live discussion Saint's - 60 minute flow

i went short NF 3063-f
regards,
vin

 

[vinst]

Re: Live discussion Saint's - 60 minute flow

NF has shown 6 bars with lower H, lower L. Time for 2 bar stop?
If so stop to be at 3048+f?

regards,
vin

 

[beethoven]

Re: Live discussion Saint's - 60 minute flow

Very interesting situation. 6 bars down in nifty but today's 3 bars are smallish but down bars nevertheless. Now after 4bars we do not wait for completion of bars to shift sars down so the SAR should be at 10 am bar high of today.

But is this 6 bars down valid if spread over two days. The rate of decline is very different in these two days in last 5 hours. Some ideas are solicited here.

Bee

 

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

Very interesting situation. 6 bars down in nifty but today's 3 bars are smallish but down bars nevertheless. Now after 4bars we do not wait for completion of bars to shift sars down so the SAR should be at 10 am bar high of today.

But is this 6 bars down valid if spread over two days. The rate of decline is very different in these two days in last 5 hours. Some ideas are solicited here.

Bee

Hello Bee
My view is lets keep it simple .. 6 bars down with HL LL formation... Bar 2 rule comes into play ..
Lets not get into decline rate ..steepness ... angle of elevation / depression and other parameters ..

And guys says gals are complicated .

 

[beethoven]

Re: Live discussion Saint's - 60 minute flow

Hello Bee
My view is lets keep it simple .. 6 bars down with HL LL formation... Bar 2 rule comes into play ..
Lets not get into decline rate ..steepness ... angle of elevation / depression and other parameters ..

And guys says gals are complicated .

You are right Komal. I prefer simplicity also but life is complicated unfortunately. I was just wondering aloud if the bars are spread over two days - is there any different way of handling the situation or we see this in continuity.

Anyway enjoy the ride.

Long live Saint and may God Bless him for showing us the light, otherwise I was on my road to perdition very fast.

Bee