Going with the Intraday Mini-Flow!!

[Prabhjeet]

MJ your SM should have been ST I think, lets wait for Saint to clear............lol

 

[ratan jain]

sgx down 113

 

[kapil123]

LOL Prabhjeet! Smart Trader= SM

MJ-

lol MJ, So Smart Trader = Smart Money

 

[Prabhjeet]

Quite see your point Prabhjeet,my logic ( if at all it could be called that) is we had a long move,we take 1/3 profit and wait to see if there is a reversal.

But in the meanwhile if PL is formed and it cracks down subsequently,for me the mkt is showing great weakness so fit case to add and milk it all the way down ,of course if the money management permits ...This is what we did on Friday and it was very yummy !!!

Best wishes my friend,

Smart_trade

MM and everything has its own place ST, but question remains that we cannot take adds and book profits together, will wait for Saint to clarify.

Thanks for your opinion

 

[musicjunkie]

Oh god, how embarassing......
I PROMISE i wont use abbriviations now....SMART TRADE it is.....

MJ-

 

[Prabhjeet]

Oh god, how embarassing......
I PROMISE i wont use abbriviations now....SMART TRADE it is.....

MJ-

But you have used abbrevation again at the end...

 

[Prabhjeet]

Trailing stops to 11 pm bar high 3961 + 7 = 3968

 

[vpsarathy]

MJ

If the 5th bar also forms with LL & LH we move SL to third bar high+7. Only after 5thbar is completed. Please correct me if I am mistaken.
vps

 

[Smart_trade]

booked 1/3 at 3895

 

[Prabhjeet]

MJ

If the 5th bar also forms with LL & LH we move SL to third bar high+7. Only after 5thbar is completed. Please correct me if I am mistaken.
vps

We already have broken the low of 4 th bar so my stop is at high of 3rd bar i.e 3968