Going with the Intraday Mini-Flow!!

[manojkch]

Re: Saint's Intraday Miniflow - live discussion

Harsh, Hari, Amit,
If a person is short with one lot only, and no add due to MM, what you will suggest now. To book profit or to remain in trade and reverse as per SAR?

 

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

where should be the add now? or it's going for a revarsal?

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

Harsh, Hari, Amit,
If a person is short with one lot only, and no add due to MM, what you will suggest now. To book profit or to remain in trade and reverse as per SAR?

manojkch,

You cannot manage well with 1 lot. Better option is to go with 3 lots and books by 1/3 parts. 2566 support area was a good point to book 1/3rd.

For now with one lot...the choice to book or hold till reverse is your choice.

Haribird.

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

And may be 2540 levels to book another 1/3rd.

Haribird.

 

[rider.royal]

Re: Saint's Intraday Miniflow - live discussion

manojkch,

You cannot manage well with 1 lot. Better option is to go with 3 lots and books by 1/3 parts. 2566 support area was a good point to book 1/3rd.

For now with one lot...the choice to book or hold till reverse is your choice.

Haribird.

That means 3 lots of mininifty rather then 1 lot of nifty, right?

 

[Saint]

Re: Saint's Intraday Miniflow - live discussion

Exactly my thoughts. Moreover, my stomach is getting a little queazy now... 1:1 crossed. Booking a little now is alright no?

That is one of the points where you take profits,my friend......when you get that queazy feeling in your stomach.

Well done,Amit...

Saint

 

[FlowTrader]

Re: Saint's Intraday Miniflow - live discussion

manojkch,

You cannot manage well with 1 lot. Better option is to go with 3 lots and books by 1/3 parts. 2566 support area was a good point to book 1/3rd.

For now with one lot...the choice to book or hold till reverse is your choice.

Haribird.

That means 3 lots of mininifty rather then 1 lot of nifty, right?

Good suggestion

regards
pk

 

[Saint]

Re: Saint's Intraday Miniflow - live discussion

Harsh, Hari, Amit,
If a person is short with one lot only, and no add due to MM, what you will suggest now. To book profit or to remain in trade and reverse as per SAR?

Manoj,

Agreed with Hari a few posts back........better than that is to short with 3 lots Minifty instead.The reason behind that is rather simple,based on an old trading quote.....Keep your losses small,and ride the profits.....we want to get in with 1 lot(example),and if stopped out,okay......and if not stopped out,to add and add again.

So that we ride on more when things go in our favour,and get stopped out on less when it doesn't.

Saint

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

booked at this level also....bullish engulfing along with hammer in 60 ..in progress though...dont know but personally feel to book out....

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

booked at this level also....bullish engulfing along with hammer in 60 ..in progress though...dont know but personally feel to book out....

We seem to be seeing the same things at same time Manoj

Yes, Hourly hammer in the making. I think we have to SAR at its high+7. Pls confirm.

Also, was it an add at 12.00 low-5? Cuz I missed it.