Going with the Intraday Mini-Flow!!

[kapil123]

vps,

What I meant was if we added below the low of WRB then bringing it down is ok as our quantity has increasesd and average price gone down.If we have not added,then no urgency to lower the SL.we can let the pivot high form. Our average entry price is very comfortable.

Smart_trade

I am of different opinion. In this system we talk about stop and reversal, so lowering of stops should not be done because of adds. What I want to emphasise is that lowering of stop does not mean protection of profits only, it means taking a reversal. So, stops should be moved only at valid reversal points.

 

[Smart_trade]

ST,

I didnot ADD at all. MM didnot permit. My SL is at 3729 very far away. Thats why I wanted to shift the SL, system permitting.

vps

Not so early after this fall vps and your short position is doing great ...
We may get a further leg down or else will reverse on PH

 

[Smart_trade]

Another long legged hammer on 30,on 15 we have a breakout

 

[Satyen]

Another long legged hammer on 30,on 15 we have a breakout

we reverse our position ?? same i was thinking hammer in 30 and 15 break out

Regards
Satya

 

[vpsarathy]

ST, Satya,

What do we do now?

vps

 

[Smart_trade]

we reverse our position ?? same i was thinking hammer in 30 and 15 break out

Regards
Satya

I am thinking of taking some profit off the table

 

[musicjunkie]

Another long legged hammer on 30,on 15 we have a breakout

Open up your 30min chart, HUGE WRB, the volume is high......then we have upmoves,hamers etc.... All on low volume.

So we are all happy with our shorts.

MJ-

 

[rasasen]

http://ichart.finance.*****.com/z?s=^NSEI&t=1d&q=c&l=on&z=l&a=ss,r14

 

[ratan jain]

Is the 2:30 bar on 15 mins a pivot?
Someone please clarify please

 

[Smart_trade]

we reverse our position ?? same i was thinking hammer in 30 and 15 break out

Regards
Satya

MJ observed that upmove volume is low.Nice observation,MJ