Going With The 60min Flow!!!

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

Apart from nifty which few shorted becoz of the smaller filter. How abt JPASSOC .. even if you take 11AM bar low as PL (ofcourse after close of 1pm bar) even taking a filter of 1.5 short would have been trigerred.
What filter are you guys using for JPASSOC.

 

[ThE HaMmEr]

Re: Live discussion Saint's - 60 minute flow

jp ass........i am using 2 - 2.5 as filter....just saved by a whisker....

i am still holding long wid 2 adds

 

[milind]

Re: Live discussion Saint's - 60 minute flow

Hi All,

Not sure why everyone is thinking that reversing to short was a mistake. Low I saw in my chart (and also one on nseindia) was 2877, which is 19 points below the previous PL. Reverse was triggered and you follow the flow without "I".

Of course this is my $0.02. Awaiting Saint's comment, in case he is recommending the flow tweak in case of negated breakdown/out.

-- Milind

PS: Couple of nonflow comments - We are at the high side of the band, and saw possible breakout of a bottom formation. However, Indian market can rise only so much if rest of the world markets don't go in the same direction. There is news expected today (bailout). If my memory serves right, last time, market fell on the day Bush's bail-out went through (sell on news)

 

[beethoven]

Re: Live discussion Saint's - 60 minute flow

Hi All,

Not sure why everyone is thinking that reversing to short was a mistake. Low I saw in my chart (and also one on nseindia) was 2877, which is 19 points below the previous PL. Reverse was triggered and you follow the flow without "I".

Of course this is my $0.02. Awaiting Saint's comment, in case he is recommending the flow tweak in case of negated breakdown/out.

-- Milind

PS: Couple of nonflow comments - We are at the high side of the band, and saw possible breakout of a bottom formation. However, Indian market can rise only so much if rest of the world markets don't go in the same direction. There is news expected today (bailout). If my memory serves right, last time, market fell on the day Bush's bail-out went through (sell on news)

No body is saying that going short was a mistake. If as per the method, short was triggered, then so be it. If tomorrow on a pivot high break, we reverse to long, then also it will be ok. Rest what happens in the world market, Indian market, stimulus package, Indian economy, etc, etc, we are not bothered. All this is taken care of in the method.
Happy trading
Bee

 

[MaxX]

Re: Live discussion Saint's - 60 minute flow

Im short too.. and I'm very happy to be looking at the DOW

 

[musicjunkie]

Re: Live discussion Saint's - 60 minute flow

Apart from nifty which few shorted becoz of the smaller filter. How abt JPASSOC .. even if you take 11AM bar low as PL (ofcourse after close of 1pm bar) even taking a filter of 1.5 short would have been trigerred.
What filter are you guys using for JPASSOC.

Your marked pivot was a great place to reverse to shorts. However i think any filter above 1 is too much. Later in the day the day the reversal bar at 3pm. Stops at 3pm bar high + filter.

Regards,
MJ-

 

[Saint]

Re: Live discussion Saint's - 60 minute flow

No body is saying that going short was a mistake. If as per the method, short was triggered, then so be it. If tomorrow on a pivot high break, we reverse to long, then also it will be ok. Rest what happens in the world market, Indian market, stimulus package, Indian economy, etc, etc, we are not bothered. All this is taken care of in the method.
Happy trading
Bee

Yes Bee,follow the Plan,most important.......most went short and benefitted from that move today.My filters are a bit more deeper,and still long,and necessary actions to be taken as per Plan......Importantly,Plan the Trade and then Trade the Plan as always.

Saint

 

[niftyrider]

Re: Live discussion Saint's - 60 minute flow

SHORT in nifty fut:

For us gap is in our favr but many of us are long.
So both long and short vl apply gap rule???
"but gap is not below and abv sar of both(long and short)"
plz make cmmnts.

 

[beethoven]

Re: Live discussion Saint's - 60 minute flow

SHORT in nifty fut:

For us gap is in our favr but many of us are long.
So both long and short vl apply gap rule.
"but gap is not below and abv sar of both(long and short)"
plz make cmmnts.

We wait for pivots to form and then act accordingly - normal routine treatment.
Bee

 

[myvineet]

Re: Live discussion Saint's - 60 minute flow

SHORT in nifty fut:

For us gap is in our favr but many of us are long.
So both long and short vl apply gap rule???
"but gap is not below and abv sar of both(long and short)"
plz make cmmnts.

IF LONG: SAR is at 3 pm low ..gap down, didn't take sar-fil so 5 min bar low-fil will be new sar

IF SHORT: gap is in our favor but SAR at 3.30 pm bar high ..so no gap rule for us but will add at 5 min bar low-add fil

regards