Stocks To Keep A Close Eye On

[pkamalesh]

Kamlesh Sir,
Looks like I am having my day. Two experts at trading are now teaching me. :clap:
Would like to see the pattern you and Savant Sir have been talking about. Charts would be more helpful, especially if there are two of them, one from you and one from Savant Sir.

BTW, I am also currently in Hyderabad.

Hey Vicky..Im not a sir..Im not an Expert ...No..No comparision at all with experts and seniors like savant sir...Im Only a learner yaar..Just learning..Will post the charts for you in a while...Great to know that ur From HYD too..Where in HYD?? Will be there in 10 days..

PS: Savant sir excuse..OFFTOPIC

 

[pkamalesh]

Vicky, Im posting a Sample chart Of the Method described earlier, The 60 Minute Flow Of saint sir, Well to make it easy i have used the AFL provided by Karthik sir here...In the charts the Pivot highs and lows are identified by the dots and the SARs are identified by SELL & SHORT SELL and COVER & BUY...Also Plzz go through the rules of this method which u can find in this thread,
http://www.traderji.com/futures/24457-companion-guide-saints-60-minutes-flow.html

 

[SavantGarde]

Ok Guys This is What I Was Talking About, Kamalesh Will Be Able To Throw More Light On What Kind Of BUY, SELL & S/Ls These Are, Cause I Have No Idea What This Maybe Called, But My 'Overnight' HOLDS Are Based On This

This Is A 60 Min Chart Of USD/JPY Pair

Vicky Based On This The Cross Has Just Given A BUYHOLD Trigger Just Now, Not There On The Chart

SavantGarde

 

[SavantGarde]

Kamalesh,

Stop Loss In This Does Not Change Till We Have A SAR or CAR (Close & Reverse) As I Call It.....

Happy & Safe Trading

SavantGarde

 

[pkamalesh]

The Basic Point here is to First Identify the Pivots..Now when A Pivot high is taken out on the Upside GO LONG with a SL of the Previous Pivot Low..Similarly for Shorts, When a PIVOT LOW is Taken out on the down side we go SHORT with a SL of the Previous Pivot High...This forms the basics apart from the entry and adds....

 

[pkamalesh]

Savant sir, In FOREX i feel its much more easier and reliable as its a 24 hr thin...In Nifty we have these GAPS and thats the most difficult part to handle...Do we continue our position or not and stuff like entries...

 

[SavantGarde]

Kamalesh,

Understood Your Point About The Pivot, But The Bars Which Are Marked Entry Points On The Chart, I Take Entry The Moment That Bar Starts Based On The Reference To The Immediate 2 Bars On The Left.

And The Stop Loss Point Marked On The Chart, Mostly Never Gets Taken Out, Except On The Chart There Is Only One Point Where It Has Come Close But, Hasn't Taken Out The S/L, Still Got SAR, Therefore Previous Entry Was With Profit.

Happy & Safe Trading

SavantGarde

The Basic Point here is to First Identify the Pivots..Now when A Pivot high is taken out on the Upside GO LONG with a SL of the Previous Pivot Low..Similarly for Shorts, When a PIVOT LOW is Taken out on the down side we go SHORT with a SL of the Previous Pivot High...This forms the basics apart from the entry and adds....

 

[SavantGarde]

Kamalesh,

Probably Would Not Work For NF Never Tried Looking Either, Also Because I Still Don't Have RT Data....

Happy & Safer Trading

SavantGarde

Savant sir, In FOREX i feel its much more easier and reliable as its a 24 hr thin...In Nifty we have these GAPS and thats the most difficult part to handle...Do we continue our position or not and stuff like entries...

 

[SavantGarde]

Guys,

There Are No Updates For Fresh BUY Or SELL Triggers, But Tighten Your S/L & You Can Re-Enter On Retracement.

From The Short Term List IDBI & TATATEA Have Reached Their First Profit Target.

Happy & Safer Trading

SavantGarde

 

[jack.raid]

savant sir,
i would like to know is your technique based on pivot points...
thanx
jack of jacks