Going With The 60min Flow!!!

[sunbim31]

Re: Going with the 60min Flow!!

Hello

Saving bit by bit the learnings from Saint

&

off course from Sanjay, your explanations.

Great stuff!!

Continue.

Sunando

 

[Saint]

Re: Going with the 60min Flow!!

Hello

Let me give it a try, don't consider it till approved by Saint.

Flow Chart for a Long Trade

Adding to the Long Trade


Regards
Sanjay

Great stuff,Sanjay........Thanks as always!

Saint

 

[milkyblack]

Re: Going with the 60min Flow!!

When do you sleep Saint!!! Posting at 3.27 AM!!!

Saints don't sleep!!!! Too busy helping others!!!

Simply great!!!!!!!!!!!!!!!!!!!!!!!!!!

Best regards

R K Karnani

I guess thats true with our Saint atleast

God Bless him!

Regards

 

[milkyblack]

Re: Going with the 60min Flow!!

Saint,

I have a question... For NF, the new pivot low would be 5047? or still at 4942?

Well, if today 5047 is broken, then it NF 60 min will get in downtrend right? As then yesterdays high of 5146 would be a lower high than 5168, and a lower low than 5047 right? So we short below 5047 with a SL of 5146 rgt?

Though I do not want NF 60 to get in DT, indeed who wants!!!

Regards

 

[leo_3455]

Re: Going with the 60min Flow!!

Thanks Sanjay sir for the flow chart.

 

[lalpar]

Re: Going with the 60min Flow!!

thanks sanjay .. this will help alot.

chintan

excellent Sanjay....A flow chart is a crisp way to understand

 

[Satyen]

Re: Going with the 60min Flow!!

Hello

Let me give it a try, don't consider it till approved by Saint.

Flow Chart for a Long Trade

Adding to the Long Trade


Regards
Sanjay

Thank you Sanjay

Regards
Satya

 

[chintan786]

Re: Going with the 60min Flow!!

Saint,

I have a question... For NF, the new pivot low would be 5047? or still at 4942?

Well, if today 5047 is broken, then it NF 60 min will get in downtrend right? As then yesterdays high of 5146 would be a lower high than 5168, and a lower low than 5047 right? So we short below 5047 with a SL of 5146 rgt?

Though I do not want NF 60 to get in DT, indeed who wants!!!

Regards

Hi milkyblack....the new pivot low on Hrly charts is 5052( acc. to my chrts..u can even consider 5047 also)...

difference between Downtrend and decline is..

Decline - . Lower highs and lows form a decline.

DT - It is a series of lower pivot highs.Also in a downtrend, we have LOWER PIVOT HIGHS.

 

[milkyblack]

Re: Going with the 60min Flow!!

Hi milkyblack....the new pivot low on Hrly charts is 5052( acc. to my chrts..u can even consider 5047 also)...

difference between Downtrend and decline is..

Decline - . Lower highs and lows form a decline.

DT - It is a series of lower pivot highs.Also in a downtrend, we have LOWER PIVOT HIGHS.

Thanks a lot!
So where would be the 60 min pivot high now after yesterdays fall? Is it at 5146 or 5056?

Regards

 

[chintan786]

Re: Going with the 60min Flow!!

Thanks a lot!
So where would be the 60 min pivot high now after yesterdays fall? Is it at 5146 or 5056?

Regards

Pivot High - It is a high after which things go back to its declining ways, we call that a PIVOT HIGH.

So acc. to my charts and abv definition PH is at 5050.