Going With The 60min Flow!!!

[myvineet]

Re: Live discussion Saint's - 60 minute flow

now bring SAR to HOD+f..

 

[beethoven]

Re: Live discussion Saint's - 60 minute flow

Sharekhan's tiger trade charts giving problems today. Feb 4 data is missing

Bee

 

[ANBE SHIVAM]

Re: Live discussion Saint's - 60 minute flow

Beee here is the chart try server14.

 

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

Komal,

Saw that as well in the morning myself....glad to see that someone spotted it.

Basically,yesterday,as in Monday, was a simple straight down move.....we therefore have our eyes on the 2 bar method.Which is the high of the 2pm bar of Monday(also a mini pivot).We then have a gap against our position today.The opening bar goes on past our area of 2 bar stop.Many times,that first bar goes on to break down and proceed to newer lows.And sometimes the reverse.Therefore,allow that first bar to form......and reverse once that first bar high is taken out.

Next bar takes out the high,but not our filter......Finally the 3pm bar pushes our filter,and SAR is hit.Reversal to long.

Reversal back to short below the 2pm bar low.

Not wrong in what you did .....a tad bit aggressive though as that first bar can trap us into its tail both ways and take us for a spin.Personally would wait till the 5min bar forms fully.

Disclaimer:Talking about a straight dntrend,2 bar method,and a gap up with first bar going past our area of stops.Same pattern reversed,would not wait for the first bar to form.Would jump straight in and reverse within that first bar itself.Example:Monday first bar if took out the 2 bar stop of Friday,would not wait for 5min,etc.

All the best!
Saint

Hello Saint
Sorry to bring this up again. But while going it through again some confusion has arised.
We have a straight downtrend .. the stops are at 2 bar method.
we if get gapup past our area of Stop we wait for first 5 min bar to complete and raise our SAR to 5min high+f.
we do same evenif there is no gapup and first 5min high takes our filter.

Same pattern reversed would not wait for first bar ??? this is not clear.

Sorry to bother you again.

Thanks
KomaL

 

[niftytrader2]

Re: Live discussion Saint's - 60 minute flow

2 bar stops now ?

 

[myvineet]

Re: Live discussion Saint's - 60 minute flow

2 bar stops now ?

yes nt2, stop at high of 12.00 hourly bar

 

[niftytrader2]

Re: Live discussion Saint's - 60 minute flow

anybody else with same SAR?

 

[MINITRADER99]

Re: Live discussion Saint's - 60 minute flow

anybody else with same SAR?

Me too. It is as per rule.

 

[Lotus123]

Re: Live discussion Saint's - 60 minute flow

2 bar stops now ?

why do we use 2 bar rule?

 

[niftyrider]

Re: Live discussion Saint's - 60 minute flow

Any anybody SAR is hit or not

NO didnt hit.