1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

[prabhsingh]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Can you please post the chart? I do not see any pivot at 5347.

Have a look at Nifty 10 Min Flow sheet.

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Have a look at Nifty 10 Min Flow sheet.

Please find below the NIFTY FLOW Chart.


When the market opened at around 9:20 AM, the Pivot high of 5359 was formed and we had a pivot low of 5344.

So the recommendation is

BUY ABOVE 5359 or
SELL BELOW 5344

SELL BELOW 5344 got Triggered, (with a STOPLOSS of minimum at 5359 =Pivot high) made a low of 5332 and market went into FLAG formation 12:30.

But the stoploss was not triggered.

After Europe opening, market went down and broke the FLAG and went down till 5313.

What if somebody went LONG after the Pivot Low was formed at 5332 at 10:00 AM. Is it recommended to go long above 5344, when the pivot low is 5332.

As per the FLOW rules, the answer is NO, because in the previous downtrend the Pivot High is 5359. The area between 5359 and 5344 is called the D-AREA and we go long only if the D-AREA is broken.

Plus one more important thing is before taking any positions always take a confirmation from the higher timeframe. Since we are trading with 10 min TF, take a confirmation from say 30min timeframe and see if the market is favouring a long. Otherwise do not take long...

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj,

In Today's Nifty 10 Min Flow,if you see at 11:30 time,5347 was the Lower Pivot High which got broken from earlier Lower Pivot Highs but still Market did not favoured that point.Why i am choosing 5347 Pivot is because at this point Lower Pivot Lows also got broken i.e 5345.Can you tell what went wrong with those pivots.According to FLOW 5347 was ideal PIVOT for going long.

So you should have ideally gone long above 5359. You could also go LONG above 5344 but the Safe Ideal PIVOT is only 5359 because that was the PIVOT High in the DOWNTREND, So before Going LONG the Previous TREND's (DOWNTREND), PIVOT HIGH Needs to be broken to confirm a LONG.

So today the Technicals were in place, even though I had warned that we are in the last 2-3 days F&O Cycle.

 

[dineshknp]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Post number 662 has the link for V2.3.

Please do not ask for any calls in this thread. The levels and charts are available in the tool for people to take their own decisions and trade accordingly.

Thanks for reply. I was not asking for call. I only asked you to how one can take guidence from tools to trade and perfomance of tool through live examples.

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Thanks for reply. I was not asking for call. I only asked you to how one can take guidence from tools to trade and perfomance of tool through live examples.

Hi Dinesh,

If you understand the SAINT's FLOW method, you will understand this tool very easily. So please spend some time in understanding the FLOW Rules. In fact if you understand FLOW method, you will not need this tool also. But it is just that this tool automatically identifies the Pivots and Draws the Buy/Sell lines using the Pivots and makes your life FLOW Life easy.

So essentially I think you have to spend some time to understand the FLOW method. Plus other indicators like CCI, ADX... Google is the best source...

 

[SaravananKS]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Hi Dinesh,

If you understand the SAINT's FLOW method, you will understand this tool very easily. So please spend some time in understanding the FLOW Rules. In fact if you understand FLOW method, you will not need this tool also. But it is just that this tool automatically identifies the Pivots and Draws the Buy/Sell lines using the Pivots and makes your life FLOW Life easy.

So essentially I think you have to spend some time to understand the FLOW method. Plus other indicators like CCI, ADX... Google is the best source...

Raj,
you have done allmost a charting software in excel. First hats of you for that:thumb:
is it Possible to Put or Show Stop Loss or SAR as Per Flow method
Hope i am not expecting too much from you

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj,
you have done allmost a charting software in excel. First hats of you for that:thumb:
is it Possible to Put or Show Stop Loss or SAR as Per Flow method
Hope i am not expecting too much from you

Thanks Saravanan. I think it is a good suggestion. Technically speaking Hope the MAJOR PIVOT HIGHS and MAJOR PIVOT LOWS need to b flagged off as SAR/STOPLOSS. Am I right?

 

[SaravananKS]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Thanks Saravanan. I think it is a good suggestion. Technically speaking Hope the MAJOR PIVOT HIGHS and MAJOR PIVOT LOWS need to b flagged off as SAR/STOPLOSS. Am I right?

Partly Yes! Since Flow has some more rules By Putting SAR at Major Pivot Minor Pivot Highs Lows also helpful for Beginners.

I Think you have already done charting Programme Now it is time to add more trading rules such as Stop Loss (Target if Possible)

I don't think one should adopt the flow fully we can modify the rules as per current Market conditions

 

[prabhsingh]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

In NSEIndia site, for NIFTY and Banknifty there is a special link to download the futures values. For Stock, have to figure out how to download the Futures values.

Raj

Will that be correct to say that Google service is just being used for downloading SPOT values for Nifty,BankNifty and Stocks and NSE Site for downloading Future values.

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj

Will that be correct to say that Google service is just being used for downloading SPOT values for Nifty,BankNifty and Stocks and NSE Site for downloading Future values.

Yes you right plus + Google Finance is used majorly to get the realtime chart values