Going with the Intraday Mini-Flow!!

[rkkarnani]

SL below the 1 PM bar less filter!!!????

 

[ThE HaMmEr]

Refer few posts above.....sorry about the confusion caused.

When you have a few threads and multiple posns open all at once,and answering some pms as well.........you tend to bungle big time.

Apologies..

Saint

no sir not at all.......i understand wat u gng through........


really sir i wud meet u in not so distant future......wanna kiss d feet of a really great teacher........a real saint......


thank u for being there sir...........nd giving us these very valuable teachings........


regards

neeraj

 

[ktoktok]

ThanX A Lot!!

 

[vpsarathy]

Neeraj,
" all confusion cleared........just 1 thing our sl still remains 4161 rite????"

You refer to LOW of 5 min bar. The low in 5 min bars are different from what you see in the tables. The tables said 4150 thats what I think should be considered. Therefore SL is still st 4143. Can't believe charts showing diff figs in diff software. Sharekhan showed 4176.

Similarly for the high too.

Pl correct me Saint if I am wrong.

vps

 

[ThE HaMmEr]

Neeraj,
" all confusion cleared........just 1 thing our sl still remains 4161 rite????"

You refer to LOW of 5 min bar. The low in 5 min bars are different from what you see in the tables. The tables said 4150 thats what I think should be considered. Therefore SL is still st 4143. Can't believe charts showing diff figs in diff software. Sharekhan showed 4176.

Similarly for the high too.

Pl correct me Saint if I am wrong.

vps

vps 1st 5 min low is 4170 only......have compared with other threads also.........

neeraj

 

[vpsarathy]

""
st 5 min low is 4170 only......have compared with other threads also.........""

RKK said right in the beginning of the day that low is 4150 and SL4143. I was searching for reasons for his correctness. At last found it in the table.

vps

 

[ThE HaMmEr]

vps lets wait fr saint sir's post ........

 

[vpsarathy]

Wasn't the last bar a WRB? FROM 4213 DOWN TO 4180; 33 PTS. What should we do now Saint?

VPS

 

[amitpethkar]

will we reverse if stop hits

 

[rkkarnani]

As per the system undestood by me, went long above 4199, exited 1/3 on trade moving by 1% at 4240, went short at 4189, and am still short!!!
Seems that exit rule was misunderstood by me!! Its not fixed 40 points but depends on the Stop Loss of the trade!!! Realised this reading rkkarnani's post on this!!
But am sure that have done the right thing in reversing as per rules... whythen are we still long, any change in strategy!!!
I am trading just 150 nifty-3 lots

Yes, Shravan, u are right as far as the rules set are concerned!! However Saint had clarified a few things today morning and there is some modification, not comprehended fully by me!!! Have a look and decide!!!
Why are u in such a hurry to trade, as far as i know u are a disciplined trader and trade your own system, so why this sudden desire to plunge head on!!!