Going With The 60min Flow!!!

[vinst]

Re: Live discussion Saint's - 60 minute flow

Hi,

Satya 'type' Sup and Res for NF

vin

 

[beethoven]

Re: Live discussion Saint's - 60 minute flow

Thanks Saint,

A major doubt clarified on moving filters on 60 min flow. Pivots rule supreme here

Bee

 

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

Saint
here is it

One reason to have gone long today would have been a pivot break or more of a sideways congestion breakout......the reason why you should not take it is as follows:

We keep a filter and taking it out demonstrates strength.....even our old filter does not get taken out by the breakout bar H2559,next bar H2568,next bar H 2571,next bar H 2575........the basis of the moving filter came from this thread,hidden now in tonnes of posts.....we have never needed to use it much over here thus far,but then there comes along a day like today.

The virtues of the breakout bar cannot be extolled enough......if the first bar doesn't get us in,the second bar.....when price blasts through a big filter,there is conviction for a reversal.And a limp breakout and the next and then the next.........without hitting the Filter,no conviction.Therefore short.

No idea whether we gap up or down.......but as of today,Price hasn't given us that extra conviction to revert to longs.

Saint

 

[MaxX]

Re: Live discussion Saint's - 60 minute flow

Excellent Max.......and to top it all,a pivot at 2pm as well.

Saint

Thanks Saint Great to see you posting again here!

I noted your point and am going to wait for the pivot break ( 2823 +f ) to go long today as it is nearby

 

[vinst]

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

Dont agree with your interpretation vin, if filter is not hit,there is no question of reversal. Saint in the post talks about limp breakouts and strong convincing breakouts and he says without hitting filter clearly means without hitting moving filters in successive bars and moving filter is keeping us out of reversal.

This is my interpretation.

Best Wishes,

Smart_trade

ST,
Thanks for your opinion.
We may see saint's post in sister thread
http://www.traderji.com/equities/25356-live-discussion-saints-60-minute-flow.html#post273472

regards
vin

 

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

this is the post saint which is base for komal's idea about mov filter ..

regards

not my idea .. just my interpretation which may be wrong.

Inbtw .. JPASSOC Long was trigerred.

 

[ThE HaMmEr]

Re: Live discussion Saint's - 60 minute flow

 

[niftytrader2]

Re: Live discussion Saint's - 60 minute flow

Based on discussion of Mov filt SAR now 2832 +f ?

 

[myvineet]

Re: Live discussion Saint's - 60 minute flow

Based on discussion of Mov filt SAR now 2832 +f ?

yes nt2 as 12.00 bar high is new pivot high we shift our SAR to 12.00 bar high+f

 

[Saint]

Re: Live discussion Saint's - 60 minute flow

Saint
here is it

One reason to have gone long today would have been a pivot break or more of a sideways congestion breakout......the reason why you should not take it is as follows:

We keep a filter and taking it out demonstrates strength.....even our old filter does not get taken out by the breakout bar H2559,next bar H2568,next bar H 2571,next bar H 2575........the basis of the moving filter came from this thread,hidden now in tonnes of posts.....we have never needed to use it much over here thus far,but then there comes along a day like today.

The virtues of the breakout bar cannot be extolled enough......if the first bar doesn't get us in,the second bar.....when price blasts through a big filter,there is conviction for a reversal.And a limp breakout and the next and then the next.........without hitting the Filter,no conviction.Therefore short.

No idea whether we gap up or down.......but as of today,Price hasn't given us that extra conviction to revert to longs.

Saint

Thanx Komal,Vineet.........one more favour.What date was this post?

Saint