Going With The 60min Flow!!!

[Smart_trade]

Re: 60min Flow Trades for the Week: Saint's Method

This weeks trade:

Well done...srinishare....near perfect trades as I see it.

Any particular reason for not trailing down SAR to 21 st 2:00 bar high +f or 3:00 bar High +f ? If you consider 3:00 bar as WRB and a PL breakdown bar( if this breakdown fails,high of this bar along with long candle could have been a good reason to reverse above high of even 3:00 bar or 2:00 bar.)

One could have added to shorts below 3:00 bar low-f on 21st giving add at better position.

If it is missed by mistake,fine, but if not considered purposely,please share the thought process...

Best Wishes, Keep it up !!!

Smart_trade

 

[Pattel]

Re: 60min Flow Trades for the Week: Saint's Method

REL CAP Trades for week ending 01/23/2009

 

[Pattel]

Re: 60min Flow Trades for the Week: Saint's Method

SUZLON Trades for week ending 01232009

 

[Pattel]

Re: 60min Flow Trades for the Week: Saint's Method

ABAN Short from 07 Jan Still short holding with all add's. this week is just adjusting SAR and that's it.

 

[simple]

Re: 60min Flow Trades for the Week: Saint's Method

great trades on aban

 

[orderflow13]

Re: 60min Flow Trades for the Week: Saint's Method

REL CAP Trades for week ending 01/23/2009

sorry i dont track 60 flow regularly, so dont mind if iam missing something very obvious, i just want to clear my doubt so why this post
Alex

 

[Pattel]

Re: 60min Flow Trades for the Week: Saint's Method

sorry i dont track 60 flow regularly, so dont mind if iam missing something very obvious, i just want to clear my doubt so why this post
Alex

Alex,
Let me try to explain with chart showing last two weeks. RELCAP is Long in 15th and 1st add came on 16th 5 min bar + filter. If you see 19th and 20th bars it started making LL and HL with a gap down on 19th which signifies that trend changed but didn't give us a proper exit from our long holdings, So applied moving filter to those 2 bullish bars and gone short actually on 3pm bar with the filter. Basically i was looking for a logical exit point as trend changed. Reversal is not based on WRB (hope you are not assuming that). I might have waited with SAR below 5 min bar on 21 if that bullish bar had taken previous days highs as marked in that chart.

(Similar position on Suzlon also)

 

[VJAY]

Re: 60min Flow Trades for the Week: Saint's Method

Hi seniors,
In 60 min flow are we look this negation bar,failed breakout etc things?I am only looking PL,PH,WRB Bar,Gap rules only.If any change in 60 method then pl let me know.

Regards
VJAY

 

[vinst]

Re: 60min Flow Trades for the Week: Saint's Method

ABAN Short from 07 Jan Still short holding with all add's. this week is just adjusting SAR and that's it.

Hi Pattel,
Thanks for ABAN chart. However, 12:00 bar on 20 Jan should have triggered the short SAR but it looks like you are using a generous filter which avoided the whipsaw.
Another point is marking of SL from high of 3pm bar of 19th Jan. This high hardly showed up as a pivot. Could you kindly share logic behind this?
regards,
vin

 

[rbharose]

Re: 60min Flow Trades for the Week: Saint's Method

Alex,
Let me try to explain with chart showing last two weeks. RELCAP is Long in 15th and 1st add came on 16th 5 min bar + filter. If you see 19th and 20th bars it started making LL and HL with a gap down on 19th which signifies that trend changed but didn't give us a proper exit from our long holdings, So applied moving filter to those 2 bullish bars and gone short actually on 3pm bar with the filter. Basically i was looking for a logical exit point as trend changed. Reversal is not based on WRB (hope you are not assuming that). I might have waited with SAR below 5 min bar on 21 if that bullish bar had taken previous days highs as marked in that chart.

(Similar position on Suzlon also)

Hi Pattel,

I am curious as to why you did not take short on the pivot low of 11 am bar on 19th. Is it because of filter?