Going With The 60min Flow!!!

Which Futures do u all trade with real Money?

  • MiniNifty

    Votes: 28 40.6%
  • Nifty

    Votes: 50 72.5%
  • Aban

    Votes: 16 23.2%
  • L&T

    Votes: 18 26.1%
  • Hdil

    Votes: 6 8.7%
  • JP asso

    Votes: 6 8.7%
  • RIL

    Votes: 5 7.2%
  • Relcap

    Votes: 11 15.9%
  • Suzlon

    Votes: 6 8.7%
  • Educomp

    Votes: 8 11.6%

  • Total voters
    69
  • Poll closed .
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Re: Questions from juniors on"Going with 60minute flow"

Friends -
New to the forum , Have been trading for past few months. Hope to learn and to share. Read quite a bit on the refreshing -- Teach a Man thread and Going with 60 mins from Saint. Thank you Saint for your wonderful sharings. And thanks to VPS for starting this thread. Regards - Inspire.
 

vinst

Well-Known Member
Have we gone long on NF after crossing above 4339+15?
I am left holding the short as i could not communicate anything to broker :(
yes it is clear from recent msgs that NF is in Long now.
vin
 
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milkyblack

Well-Known Member
Well Friends,

Today was a classic example... for those tweaking 60 min with 60 min pivot... they saw the disadvantage of doing so... got stopped out... while true 60 min trader still holding their longs!

If you keep on following this tweaking 60min with 30 min.... there will be a day soon, when one will see the advantage of this tweaking too.

What I want to express in this post is that... just document these kind of situations.... this will help you to decide in due course of time what suits best for you..... and what works for you.....

Document the SL for both 60 SAR as well as 30 SAR... in these kind of situations... and the actual trade you took... whether based on 60/30....

Then one can analyze it and follow the stuff without much doubt!
Hope I am clear with what I meant!

To this let me add which I keep on saying in every part of my life.....

There is nothing wrong and nothing right... what ever works is just all right!

Regards
 


Hi MJ,JRaj.....

The JPA charts as promised.........here,unlike the NF,we are not looking at each and every mini-pivot,but that which are visually obvious.Yes,we still look at 30min charts for clarity....now and then.

The adds are at Rs 1,and the reversal is at Rs 1........the way this moves is not the way NF moves,doesn't need Rs2.........have a look yourself and see if Rs1.5/1 fits you better or 1.5/1.5

Here,the number of adds is x 2 to initial positions,except if we get a breakout move as is evidenced by WRB and high vols.Other than that,it's altogether 3 positions and after that,trail stops only.

1 lot now of JPA(no idea abt a year back) is equiv to 750.

Saint
 
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