Going With The 60min Flow!!!

[kinkhab]

Nifty
10:00 bar high 3816.80
11:00 Bar high 3854.90
12:00 Bar high 3838.00

can't we take 11 :00 bar high 3854.90 as pivot and go long at 3855 + 15 = 3870 ?

 

[faith]

Can somebody please confirm SAR for Reliance Capital at 1120+filter ?

What is the filter for RelCap ?

Thanks

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[novice1]

Saint/Seniors

Can we go long (SAR) IN L&T at 2381.90+filter based on the 30 Minutes charts ?

Please advise

Thanks

 

[man4urheart]

Current Position Of NIFTY in thread

Position Start Date: 24 -Sept-2008
SHORT Since : 4168
Stop Loss:3888 + 15 = 3904
Profit/Loss in Current Trade = 4168-3904 = 264 Points

We change our Position to LONG if NIFTY Trades above :3904

 

[ThE HaMmEr]

sl of 3904 hit........we are now long at 3904

 

[niftychance]

Current Position Of NIFTY in thread

Position Start Date: 24 -Sept-2008
SHORT Since : 4168
Stop Loss:3888 + 15 = 3904
Profit/Loss in Current Trade = 4168-3904 = 264 Points

We change our Position to LONG if NIFTY Trades above :3904

Just in Time

Longs Triggered

Thanks

 

[man4urheart]

Current Position Of NIFTY in thread

Position Start Date: 30-Sept-2008
LONG Since : 3904
Stop Loss:3773 - 15 = 3758
Profit/Loss in Current Trade = 3758-3904 = -146 Points

We change our Position to SHORT if NIFTY Trades below :3758

 

[rishig38]

Can some one post new positions for both Nifty and L&T with appropriate SAR levels? If some one is tracking JPA, then pls post as well...we are still waiting for ABAN to reverse its position....

 

[sikandar]

LONG trikkered

 

[rkkarnani]

And the gap is very much visual. I, too, have noy understood why "high + 20" rule not applied.

Will someone explain pl?

Take a look at the 60 minutes chart!!! The 4 PM bar yesterday has a low of 3805, and the high of opening bar today is 3819!!! We cannot term it as a visual gap!!! Moreover in case of a visual gap, todays gap is in the direction of our trade so we wait for a PH to reverse!!! We do not use gap to reverse!!
Gap is used only when we have a continuous trade in our direction for a few days, wrb's in our direction and then a BIG gap in our direction... we consider reversing using the Gap...we also have a PH very much in sight, PH always superseeds any other level of SAR!!!!