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60 minutes range breakout

Discuss 60 minutes range breakout at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by ratan jain Hey Biyas! Arre yaar! Meri bread and butter system ko ...


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  #11  
Old 4th September 2007, 12:22 PM
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Default Re: 60 minutes range breakout

Quote:
Originally Posted by ratan jain View Post
Hey Biyas!

Arre yaar! Meri bread and butter system ko public declare kyon kar rahe ho yaar!
yes unfair ;
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  #12  
Old 4th September 2007, 12:47 PM
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Default Re: 60 minutes range breakout

try wid stks which have the lowest range in 1st one hr. that way u can increase ur RR and lower ur stops.

thanks
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  #13  
Old 4th September 2007, 01:18 PM
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Default Re: 60 minutes range breakout

ratan and byas
thanks for your reply
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  #14  
Old 4th September 2007, 01:22 PM
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Default Re: 60 minutes range breakout

think of the following..most bankers and the big players are watching the 60min screen.
you will see on the 60min chart the most false breakouts.
your mm strategy should be perfeect.
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  #15  
Old 4th September 2007, 01:32 PM
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Default Re: 60 minutes range breakout

Quote:
Originally Posted by Alexandra.T View Post
think of the following..most bankers and the big players are watching the 60min screen.
you will see on the 60min chart the most false breakouts.
your mm strategy should be perfeect.
well said. but tell me if this strategy is not good & most of the time provides false breakout/breakdown then why most bankers & big players are watchin 60min screen.
thnx in advance.
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  #16  
Old 4th September 2007, 01:34 PM
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Default Re: 60 minutes range breakout

Maybe we can fade the system??????
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  #17  
Old 4th September 2007, 01:40 PM
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Default Re: 60 minutes range breakout

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Originally Posted by ratan jain View Post
Maybe we can fade the system??????
yha thats the point. but still you need a strick risk managemnt system for this & still there is lots of uncertainity. so one can choose the perfect strategy based on 60min range which suits him/her.
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  #18  
Old 4th September 2007, 01:42 PM
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Default Re: 60 minutes range breakout

hi, i am uploading my todays trade on hindalco based on 60 min opening range.
Attached Images
File Type: jpg hindalco.jpg (65.3 KB, 151 views)
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  #19  
Old 4th September 2007, 03:45 PM
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Default Re: 60 minutes range breakout

big players look mostly at moving averages.
fading the breakout means taking some small points or just stopfishing.
they think a little bit different than private traders.
and they have much more capital. that's playing.
you can't do anything against just have a good MM.
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  #20  
Old 4th September 2007, 04:06 PM
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Default Re: 60 minutes range breakout

Quote:
Originally Posted by Alexandra.T View Post
big players look mostly at moving averages.
fading the breakout means taking some small points or just stopfishing.
they think a little bit different than private traders.
and they have much more capital. that's playing.
you can't do anything against just have a good MM.
thats also true.
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