Trading With The Flow!!!

Continuing the discussion here….

Link to previous thread....

Kapil

yest we got monster wrb n PH after that so nw our revarsal will be above wrb+f or recent pivothigh+f???/

Recent Pivot high,HVT

Saint

I am keeping at recent pivot high + F.

thanks

hw n when to rolover in aug series??
simply sqoff july n take same position in aug at same take or some other way?

Hi HV,
The practice is that when expiry is near say 1 or 2 days we refer that months price but take position in next months future. So actually you should have reverted your position yesterday in August's future. Now since you are still in July series so square off your position at any time and take the next months future or can also wait for the SAR to hit (if it really get hit today).

I see that there is almost 10 points difference between the July and Aug Mini. Accordingly the July has not yet hit the SAR, but the Aug has. Am confused as to should I SAR or not the AUG mini.

Check price movement from July and if SAR hit then take position in Aug at what ever price it trades then.

sar hit reversed to long

Longs triggerred in Aug Series….had rolled over a couple of days back.

Makhijani

July SAR still not triggered to me .am still in short but in aug fut(yday reversal I took it in Aug fut)
Please if wrong pl advice…

regards
VJAY

Where had you kept your SAR as per current month charts? I guess most reasonable filters would have made us reverse to Longs…

Do let me know both your SAR and the filter

Puneet

Guys having filter 20 or more are still short now and I think it's a good practice to keep high filter in slow mkt.

saint ur long or shortie hving pivot filter 20 or 15??

edited

regards
VJAY

vijay both bar n pivot filter 20???

Vijay with u…

Also, you can delete the filter values on your own, moderators ke upar itna bojh na dalo yaar….

oh…I thought you considered 4527+f as the SAR.

Thanks

Puneet

yes.Moving filter with new PH.

regards
VJAY

Not 4527 me 4533+f

Regards
VJAY

Why moving filter? The 2 PM bar high of yesterday was 4533 so SAR at 4533+f. No moving filter concept here. Using moving filter I think the SAR should be at 4549.9+f approx. Seniors pls correct me if I am wrong. [All levels in July series]

Vijay,pivot high of 4527,long at 4547.If taken the high of 4533,long at 4553.

60minFlow employs the Moving Filter pivot by pivot……bar by bar used in the miniflow.And for that pivot MovFil to come into play,we need it visually obvious,which this is not.Yes,we do use these types of pivots to add,etc……but when it comes to the movfil,it has to be visual…..So,it was long over 4553.

Saint

totaly confused longed aug nf today with filter value of 15 but many people r still short, what to do???????

Okie Saint, I also shifted the SAr looking at tht pivot. Thanks for this. will long now fortunately a better entry…

saint when? n hw ? to change filter values?? im using that which r mentioned in the method

No confusion now. Saint already clarified that we should be long now as no moving filter concept in bar by bar move. Thanks Saint for this new lesson. ;)

means guys using 20 as pivot filter reversed to longs in 3pm bar????

will EOD reversal come into picture today ? i reverse to long above 4533 + f, so if mkt closing below it then EOD reversal will come into play ?

yup, 3 pm bar

according to me if after 3.27 market remains below 4533 than eod revarsal will come into play

seniors clarify for guys using 20 as filter eod revesal will be beloow the high 3pm lp high or same ie below 4533(july levels)???????

Seniors pls comment whether EOD reversal will trigger below 4533 or 4533+f. (Just for learning purpose as chances are very less of triggering EOD reversal)

Deb,

Below 4533…..

Saint

HV,

We are looking at July till today….Ausgust from tomorrow.

Saint

deep if price fallback in between 4533 to 4533+f than it will not be in the teritory of the pivot for being in th the teritory of the pivot, price has to move below 4533

ya saint got it very well pardon me as this is my 1st closing with this tread

Gone long in august contract, now SAR moved to last bar low as high of yesterday crossed….please confirm this.

Thanks Saint & HV. This clears my doubt regarding EOD reversal.

tushar we hv near by PL than why to consider last bar low as sar?????

ya saint got it very well pardon me as this is my 1st closing with this tread

Not at all…feel free to ask.

Saint

a great day,not in terms of gains but in terms of learning n knowledge

saint one thing i want to ask u,that from where u learned all this methods???

tushar we hv near by PL than why to consider last bar low as sar????

Isnt the 3 Pm bar a pivot low ? Please seniors confirm this…..this is our new SAR as yesterday's high have been breached.
I am trading mini.

Regards,
Tushar

Yes Tushar 3pm low is the new pivot low.

Kapil

seniors today i came to know that some guys r using 20 as pivot filter(15in methods) so 1st of all i want to know that
1) under which conditions one can increse or decrese the filter value
2) hw to find out bar filter n pivot filter value if want to change
3) in todays trade hw the trade reversed from short to long in 3pm bar with 20 as filter as at 1pm we had PH n in that bar sar was saved by 3 points(20 as filter) with pivot hight 4549.8 that means one should reverse at 3.30 bar at 4570 hw???why not shifted sar to 1pm ph

Hi HV,

You have raised very pertinent queries in your post just above. Even though they are addressed to seniors, and I am still a student of the method, trying to learn everyday, let me try to answer your questions.

1. Nowadays most of the members of this thread are using a filter of 20 for normal reversals instead of 15 as given in the rules because of increase in the value of Nifty as well as the volatility. Some members may be using even larger filters as per their comfort levels. For adds most are using 7 as filter. For reversal after gap openings, the most popular filter seems to be 25. Again, as I said, people have their personal tweaks.

2. The size of the filter depends on the situation, ie. whether it is a normal reversal or on account of a gap, and does not depend on whether your SAR is at a pivot or a bar.

3. Frankly, with a filter of 20 my SAR was hit by the 1 pm bar. I had rolled over to the Aug series yesterday, and today's 1 pm high was nearly 26 points above my pivot high. In the July series the difference was around 23 points, so some people must have used wider filters.

4. EOD reversal would not have happened even if you had reversed at the 3 pm bar because the close was about 8 points higher than the 3 pm bar high. The last candle shows an almost one-way move above the close of the 3 pm bar.

Makhijani

Saint sir,

Thanks for clarification of moving filters.I took it not as bar by bar.took it as pivot by pivot…yes it's not obivious one.But before these kind of pivot taken (not remember when it is) thats why i took it …any way I reversed at 4550+f……
But with flow may be some points I lost……..

Thanks & regards
VJAY

Gap rules easily in play…

Tushar, since the 1st bar is green, so stops at yesterdays close.

Kapil

kapil just at yest close no consideration of PL?/

Add above 5 min bar high + f ?

Hi Kapil

Add trigerred……but the moving of the stop to y'day's close needs clarification.

Makhijani

Yes, stops at ydays close…and if we start getting biggish bars now….then 2 bar.

Personally, I treat such gaps as a WRB (unless if this was a red opening bar)…and hence keeping it at its base..which is the close of yesterday. Those more conservative can keep it at ydays 3.30 low also..no harm in doing that as well.

Thanks,

Puneet
edit: All SARs in the flow method ARE with a Filter..even the Adds. If F not mentioned, its bec its assumed that thats an understood thing. So its Yday close-f.

Hi All
will it be yday close - f, or just yday close? Gaps confuse me:-(

Dear saint/kapil,

Now add triggered the where sar now,Is it at pl of yday or LOD?

Regards
VJAY

im keeping at yest PL

VJAY, already written by me and Puneet few posts back. Keeping SAR at yesterdays close -f, as of now. And we start getting wrb's now then 2 bar.

Kapil

kapil if we treadt gap as wrb then SAR should be below low of yest 3.30 bar -f not the close-f????????

hvtrader, gap as wrb between the last bar and today's opening bar. And it was a huge WRB. Then we get a bullish opening bar. So, below the gap wrb which is yesterday's close.

Kapil

okieeeeeeeeeeeee got it Kapil

Last 5 hr like sideway bars is still sar at yday bar?

Regards
VJAY

No change in SAR so far.

Clever positioning of SAR saved us from unnecessary whipsaws….Thanks Kapil for giving the reminder on time.

yes timely replay of kapil saved me also.othervise I put sar at LOD-f .Thanks kapil/saint sir…….

But whenever these type of markets mind is not doing correct.Thats why many times I got reversal late,whipsaws due to wrong sar selection ,missproper adds etc..happen…Seniors how can you manage your minset these type of markets…..Kapil your are perfect….please give some medicins to us also =D>

Regards
VJAY

nw the sar is still the close of 30th july-f or the double bottom of 31st( no pivot low on 31st0??????//

Hello
SAR friday 3pm bar?

IMO, Friday low.

IMO Add above Friday high + f. Seniors pls correct.

deep as per the method add only above current days pivot high or low + - af,
rest depends on seniors comments

Yes debdeeps, adds above Friday's high +af.

Kapil

kapil sir as per the following wording of Saint in method add should be at todays hod+sf s there any change in add rules

A few points to note in this regard:
(a) While adding, we take into consideration the pivots we make during our current trade. A pivot which occured 2 or 3 days before we entered our current position is of no interest to us and so we dont use it for adds.

or the words 2-3 days means previous day pivot can be considered???/

hvt, the PH of Friday is a PH of current trade only. Our current position is long and that PH was made while we held our longs.
It is not about previous day or current day, its all about pivots during the current trade.

Kapil

SAR moved to today's low, the high of friday breached.

Add triggered.

SAR at yday's low-f.

Makhijani

Add above yesterday high + af

Satya, my friend, where are you? Pl put up a chart.
Thanks
Bee

Hi Bee little bit bussy in other things and working on contraction set up etc will be back 2/3 days will PM you today /tomorrow evening

Thanks

Friends,

Any change in SAR?

Regards
VJAY

Anyone reversed below the noon bar?

Still long, SAR at yday's low.

Yes I took a reversal below todays low…..looked sideways to me.

But now ready for EOD reversal if the closing is above 4667

Puneet

It feels like this 52w high region is going to give us some churn. Since hod is not too far away, and US futures are down, I am not going to do EOD reversal.

— Milind

Milind……in that case you are not trading the system….you are getting the I in between.

Reversal EOD back to longs as per system.

Puneet

US Futures?? I thought the markets there open when its evening here.

US futures trade round the clock, except for some 45m prior to US stock market open. You can get the quotes on bloomberg dot com

Yes, guilty as charged, deserving reprimand. But we do give importance to nearby pivots (e.g. in case of 2 bar sars) at times.

Puneet,

One doubt….a few days ago we were in a similar situation, we had a new low and a new high, though not a new PH. At that time I had enquired why we should not shift our SAR to the new low. The expert opinion was that one must wait for a new PH, and so I am still long as my SAR remained at yesterday's low-f.

The question is - when the market turns, we are not going to have a new, higher PH, so how do we decide (correctly) whether or not to take the nearest low for reversal? If the market turns in the morning session there may even be no scope for EOD reversal.

Makhijani

Hi RKM,
The rule is that when mkt moves in sideways for longer time move the SAR to the min of this congestion zone even though we don't get a new high. Now if we consider the case of today then the SAR would have been at 4667.45 - f.

Hi Deep,

Thanks for your explanation and the chart. My confusion arises from the fact that we sometimes have different approaches to tackle the same kind of situation as on the 28th of last month when the market, moving in a congestion zone, made a new low, and a new but not higher PH. On that day we did not move the SAR to this low and retained our SAR at the earlier PL. In fact, that is why today I did not move my stop closer and was saved the EOD reversal. But the same situation would have worked against me in case of a genuine breakdown and so the confusion since we are supposed to keep our market bias out of the way.

Makhijani

Hi RKM,
This is personal choice. Either you trade aggressive or defensive but not mixed. Infact the setup discussed above is for aggressive people, I am sure Satya or some of our fellow traders didn't take this (discussed above) reversal yesterday and were saved from the EOD reversal.

SAR @ yesterday low - f

……..
Hi RKM,
This is personal choice. Either you trade aggressive or defensive but not mixed. Infact the setup discussed above is for aggressive people, I am sure Satya or some of our fellow traders didn't take this (discussed above) reversal yesterday and were saved from the EOD reversal

Hi Deb i think one should check him self what works for him …………

sar hit reversed

no body else reversed???

Hi HV,

You must have used a filter of 15 points. Higher filters haven't been hit, but don't worry, we will all be short in the next hour or so. Next, look out for EOD reversal…

Even a Filter of 15 didnt hit the stops if sar was kept at 4637.

Personally, I dont take EOD reversal if it hits twice on the same trade…irrespective of the number of days in between the 2.

Puneet

ps: Personally what I do is…say stops are at 4168.8…I will round off to 4168-15=4153. And give another 20 paise..so keep stops at 4152.8.

Still holding breathlessly.

Bee,

Your point would have been totally valid had we got in an add too yesterday.

but thinking conceptually….any pivot which is broken…and immediately revered…will definitely leave behind another pivot. As the price truned after that break of initial pivot. So in that case….there would be no case where eod rev is applicable.

Thinking aloud..let me know if this was what you were intending to discuss/opine.

Puneet

Moving SAR to this current pivot after this bar. Repeating…its shifted pivot to pivot if filter saved the prev one from triggering.

So Sar changes to 4623-f

Puneet

Puneet,

Thanks for your views, but by now my head is moving round in circles. As Bee has pointed out in his chart, yesterday we had the beginning of a new downtrend - a PL followed by a lower PH - and you used the SAR break to reverse to shorts because you had moved your SAR to a closer PL. My query of yesterday afternoon, which you must have seen, was about this point since on the 28th of July, we had stuck to an earlier PL because we did not have a higher new PH. Anyway with so many inputs today, will try to make something out of it.

One question - are you using 15 as filter or is that only an example?

Makhijani

Yes RKM, using 15 filter in real trades too.

On 28th July,…..the pivot we got was hardly the 2nd bar pf the day. Yday….it made a pivot, attemped to cross the highs and failed.

Also…after 1-2pm on 28th…the sar for me had shifted to that recently made pivot as we were no longer getting the inside bars.

More after mkts if u have still any doubts

Puneet

Hmmm Yes Puneet - I get the general drift of what you are saying. I was referring to PHs & PLs spanning a couple of days like the one I have put up. Yes any reversal will leave behind a pivot trail - may or may not be a clear progressive lower PHs and PL - sometimes we get straight reversal. Will have to dig up some examples.

EOD reversal are specific to the last pivot and may occur the same day or the next day if further pivots are not made but my thoughts are more on a wider canvass. Intrinsically I am averse to taking EOD reversals as I believe in holding a trade till an actual pivot is cracked but my argument for not taking an EOD reversal becomes more strong when a trail of lower PHs and PLs (talking of shorts and a downtrend) is already in place. Hope I am able to convey my thinking.

RKM - please just read my posts and do not implement them - go as per the rules laid in the school section. This is basically for discussions and not for implementation.

Bee

Add triggerred above HOD.

Makhijani

Puneet,

Yes, I still do have some doubts. Here's the chart covering the relevant period -

To me the charts for these two days (28th/29th July and yday) look similar in many ways…..On the 28th we had a PH equal to that of the 27th (ie. not a higher PH), followed by a breakdown bar, but one which did not take out the day's low - and fortunately so because so far we were not treating this low as our SAR. The next day we opened with a down gap and made a high just barely 7 points over the previous day's close before breaking down with a huge WRB. We had by now shifted our SAR to the low of the previous day, but if the breakdown had happened the previous day itself our SAR would have been lower.

Yesterday we did make a distinct PH, though a lower one, in the 1 pm bar, but otherwise, to me, the scenario seems quite similar to the earlier one and hence the confusion. No doubt the change in the market direction seemed quite obvious, but the idea here is to follow the rules and therefore also to try to understand how the other more experienced trader members would be acting.

Sorry if I seem to be stretching things a little too much. Hopefully soon I'll also develop the kind of understanding that so many of you already have.

Thanks,
Makhijani

Bee,

I read your posts with great interest and, as you rightly say, will take care to use them only for perspective. But with such matters brewing in your mind I am hopeful that some of these will eventually be incorporated as revisions in the system in accordance with their importance and/or frequency.

Makhijani

SAR at yesterday low - f

Gap rules in play ?

IMO, hardly a gap.

yes not a good enough gap for me too as per my criteria of ATR….

GM makhnji sir i m new here pls tell me how to starts trading as per 60 min flow . I tired but got heavy losses .i have some doubts too ,which i want to clear . Pls help me .

Hello, GurprB,

Sorry, I did not respond earlier as I saw your post just now. Gurpr, I am not an expert, still learning myself. To begin with, please go through the School section where the method and rules governing the 60 min flow have been laid down. Also, please check out the related material in these two sections : Demystifying The Flow, and Ask Saint. There is quite a lot of stuff and it takes time to become familiar with all types of situations as some don't occur as often as others.

Once you understand the basic guidelines, I would suggest just track the action on this thread for a few days, and then enter with a small position, maybe in Mini Nifty initially till you start understanding what action you should take without needing guidance from others (but don't hesitate to ask for help/clarification).

You have mentioned that you tried but got heavy losses - do you mean in the 60 min flow? Sometimes losses are unavoidable particularly in rangebound markets where we lose a number of points on each reversal, but another reason could be that you may not have stuck to the system completely (it's quite natural, we all try to outsmart the market, but unfortunately it doesn't work. If you want to trade differently, keep it separate from the flow action).

Regarding your doubts, please feel free to ask, not only I but all the other experienced traders will eagerly help you.

Finally, how should we address you?

Makhijani

Add coming up.

Makhijani

IMO sar moved to LOD-f..seniors please…………..

Regarding
VJAY

thanks makhi
im going all this material thanks a lot
itried intially also by going through all this materials butlack of proper home work and all this ..

gurpreet

IMO, SAR remains as it is, i.e yesterday low - f

Hi, Deep

Retaining SAR at yday's low-f as you advise, but what is the logic behind your view? We have already made a new PH, so shouldn't we use the latest PL, today's LOD as SAR?

Makhijani

In the current trade still we didn't cross the PH at 4730 so no change in SAR, IMO

A long waited short now.

Wow, what a sell off - 150 points in half hour. I think everyone is short now - whether with today's lod or yesterday's

SAR hit and reversed…
falling falling…..distribute ho gaya sab high level pe….:-)

Puneet, Bee, Kapil…

Would like to hear from you.

Makhijani

Puneet, Bee, Kapil…

Would like to hear from you.

Makhijani

About what? Have I missed something?
Bee

RKM

Yes Short below todays low. My reason…ydays high broken and failed.

Puneet

Today there should not be any confusion, we made a new high, so SAR shifted to new PL which was 11am bar low.

Kapil

Edit : Puneet already posted..

Anybody added?

This is with reference to above discussion which is about EOD reversal.

My view is why would anybody shift SAR to 4637-f. On 4th Aug SAR was at 4616-f .. The move that happened on 4th AUG is just a FLAG hence SAR remained where it was ie at 4616 -F ..
when we opened on 5th AUG SAR is Still at 4616-f .. ..So there is no ques of EOD reversal

Thanks
KomaL

RKM,
A very subtle difference between when we move and when we dont move the stops when in a range. I also make mistakes in this sometimes, but when the difference between 2 close pivots in a range is small….always give the benifit of doubt to the one farther.

Below are a few charts I could find out where we do and where we dont move stops when in a range.

Will try to find some more and post here.

Puneet

Hi guys Little confused.
Where will our SAR be now for the short? Will we treat the WRB as a monster WRB???

Yes, SAR at WRB high.

IMO sar @yday hod+f.We not consider bd wrb when entry.Just my view.seniors please………..

Regards
VJAY

Sar at WRB high as of now.

Anybody added below 10 am bar low?

Hope everybody would love to move the SAR to 11 am bar high, i.e. 4580.1 + f

SAR at 11 am bar high + f now…..

Makhijani sir
should i move sar to12 pm bar

gurpreet singh

yes 4580+f

Gurpreet,

Puneet has answered your question above. SAR is over the 11am high, not the 12 noon high.

Makhijani

PS. No need to call me Sir, Gurpreet - just RKM will do.

Puneet,

Thanks for posting the explanatory charts for our benefit. I agree that when the difference is small we should not move the stops, but what if there is a difference of, say, 25-30 points, like the PLs of yday and the 5th? I personally feel that I made a mistake yesterday in shifting my SAR back to the lod of the 5th.

Makhijani

PS. Sorry for not responding sooner.

Satya,
Are you trading? Did you catch this breakdown?
Bee

saint n seniors can we apply EOD reversal funda for reverseing add???
suppose price remains above the pivot low below which we add in last 2-3min of trade than its advisable to reverse add keeping the initial position intact?????????//

Yes HVTrader can do that if it doesnt make things cumbersome for you. Personally, I dont use it….I mesn i dont bother about eod reversal after the 1st day of entering trade.

Puneet

where should be sar? at 4527=f or pls correct it

SAR at today's high+f

I see very low activity in our forum on weekends….I agree that weekends are for family members (and would be family members for some of the younger lots) but we have 2 days and can surely spend a few minutes and post 1-2 charts on 60 min flow….this will help the new friends who are learning the method…Kapil,Puneet,Pattel,Bee,Komal,Satya, Neeraj….can we contribute 1-2 charts each on weekends with entry/exits marked on the same….we used to have it in TJ and also for some time in TS….can we revive this good practice ?

Needless to say I will also be contributing ….so can we start from next weekend ?? Look forward to everyone's participation….

Smart_trdae

Yes, lets do it ST will start from next week.

rkm
pls tell me what to do now? should we move our sar?

yes dada….will do it frm dis weekend….will try to put some charts…..

gur[preet

Gurpreet,

Let us keep the SAR at Friday's 11am bar high at present. Let us wait for the present candle to close before deciding to move the SAR.

Makhijani

Add coming up at Friday's low - add filter if MM allows. Guess many would already be carrying heavy adds so be careful.
Enjoy this flow on the short side.
Bee

Hi Bee, How come it's heavy adds? According to me we just had only one add on Friday and one today? Can you pls explain after mkt hrs with a chart.

rkm
please clear my doubt

why we have a 11am bar as sar altough we have widerbar at12 pm.on friday
gurpreet

Deb
I took adds at lows of 6 Aug 3 pm, 7 Aug 11am and 3 pm bars.
Bee

Thanks Bee. Clear now.

Gurpreet,

The confusion may be on account of the charts you are using…..here we are naming the bar according to its closing time (not the opening). Some charting services, like the one I use, are giving the opening time instead.

The bar I was referring to is the 10-11 am bar of Friday with a high of 4580. Now, though I think we can safely move the SAR to today's opening bar high + f.

Makhijani

Bee,

Just saw your account of the adds you took…wow! My adds were at Friday's opening low and today's opening low. Your views, please.

Makhijani

Gurpreet
1200-1300 hrs bar is also a pivot .. and a good pivot in my view .. one can bring his Stop down to this bar .. but there is only 20 points difference betweeen 1100-1200 hrs and 1200-1300 hrs bar . so its upto your discretion.

Thanks
KomaL

Stops at today's high a visually clear pivot and friday's low breached well

RKM

Adds are taken when PLs are cracked or at the low of a WRB and while taking adds also see if SAR is coming down or not otherwise your risk will go haywire.

Today's add at 5 min bar low was not what I would have taken. Friday's add at 5 min bar low was OK I guess.

Bee

Bee,

Thanks for your comments….will help in future.

Makhijani

Good Afternoon all ………….

Satya,

Thanks for the chart.

Makhijani

look like v shaped recovery is possible today.

sir
should we consider 4500 todays pt?
gurpreet

Gurpreet,

No change as of now.

Makhijani

sir
should we consider 4500 todays pt?
gurpreet

Why 4500 ? SAR at HOD as of now…..

Smart_trade

saint,seniors pls do posts latest happening. We (new comers )becomes afraid of market in the absence of your expert opinon,sugesstions and newfundas.We have not recevied any post after 1.30. we can only survive in this jungle with the active support of all our respected seniors

gurpreet

Moving SAR at 2 pm bar high, i.e. 4515 + f

Gurpreet,

I understand your sentiments - it takes some time to get used to the wild variations in the market. But since you are already short, there was nothing to worry about - the trend is still downwards, and Smart-trade and I had told you about the SAR.

Tomorrow's SAR at today's 2 pm bar high+f, unless of course we have a gap opening.

Makhijani

Hi Guys, Good Morning.
How many max number of adds does Saint advice in a single trade?

Hi Guys, Good Morning.
How many max number of adds does Saint advice in a single trade?

Initial position + 3 adds for Nifty…..for stocks you can go for 5-6 adds also…..

Smart_trade

Thx ST, appreciate your quick response.

sir sar remains at yesterdays 2pm bars or there is any change?

gurpreet

SAR still at yday's 2 pm high+f.

Makhijani

ithink we r going to be hit any time
m i writ ?

Maybe, maybe not…..the upmove is not all that strong.

rkm what should be the value of filter
10 is sufficient

Gurpreet,

Most people are using 20 to reverse, a few use 15 and some use 25. Each one has its own advantages and disadvantages, and it is very difficult to say which one is the most suitable.

Makhijani

SAR remains as it is.

Seniors!! Now since NF has broken yesterday low but not yet the low of this trade (3:30 pm bar on 10th Aug) can we shift SAR to the high of today's 11 am bar high ?

Ok……broken now….and I think we can shift the SAR now…..But my question remains as it is like for other similar situations should we shift SAR or not.

I would wait before shifting the SAR to avoid getting whipsawed.

Makhijani

rkm pls clear my doubt
to avoid getting whipsawed u r not moving sar. What how u get this idea that mkt may be volatile .is this your personal perception of mkt. based on some other studies ,or based simply as per 60mn flow .If no then pls tellus how to get this idea.

gurpreet singh

Gurpreet,

I don't actually think that the market is volatile and that there is any danger of the SAR being hit if we move it to today's high, but strange things do happen very often and I think it is better to be safe than sorry. My own perception (not related to the 60 Min flow) is that we are in correction mode and a valid upmove is not likely right away, so a whipsaw is what I would be more worried about.

Maybe some of our seniors can suggest whether we should bring down the SAR now.

Makhijani

Edit : Also, I think we ought to wait for a new PL to form.

Gentlemen

Would suggest to shift your discussions here
http://www.tradersaintforum.com/forum/showpost.php?p=1124&postcount=31

SAR now at 11 am bar hi + f

Bee

Bee,

Unable to login to the new forum, please help. Have also sent a PM to Kapil just now.

Makhijani

RKM
have you registered there and under what name?
Bee

PS pl also check your email for account activation link. This link sometimes comes late. Also check in your spam folder.

Bee - didn't realise I had to register again. I was trying to login using my TS name and password. I haven't received any account activation link on my email, checked just now, as well as in my junk/trash folders.

Waiting for further advice.

Makhijani

Yes RKM
You have to register at that forum again. It is a separate setup from wiki.
Hurry up you are loosing out on lots of action there.
Bee

Thanks, Bee - will do. Hope to be there soon without any further glitches.

Makhijani

near range going to be hit

rkm still u r short naa? or reverse position
gurpreet

Hello everybody,

As mentioned by Bee yesterday, discussions on this flow are now being continued on a brand new forum, www.tradersaintforum.com. Please visit the new site and register yourselves in order to participate.

Makhijani

In an effort to make things better, we have moved the forum to a new place

http://www.tradersaintforum.com

Hope you like the new place..

Kapil