Going With The 60min Flow!!!

Which Futures do u all trade with real Money?

  • MiniNifty

    Votes: 28 40.6%
  • Nifty

    Votes: 50 72.5%
  • Aban

    Votes: 16 23.2%
  • L&T

    Votes: 18 26.1%
  • Hdil

    Votes: 6 8.7%
  • JP asso

    Votes: 6 8.7%
  • RIL

    Votes: 5 7.2%
  • Relcap

    Votes: 11 15.9%
  • Suzlon

    Votes: 6 8.7%
  • Educomp

    Votes: 8 11.6%

  • Total voters
    69
  • Poll closed .
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ThE HaMmEr

Well-Known Member
Re: 60min Flow Trades for the Week: Saint's Method

Neeraj.h,

We should be careful in trading individual stocks which is having no/high upper or lower circuit limits as for an individual stock can even open(if on reversal days) faa...aaar higher or lower to the opposite of our position. But in most cases we will be in the right flow.

NIFTY F is more diversified so profits may not be matching with individuals, more aggressive ones can go with stocks...

Haribird.
personal prefrence buddy......my experience with stock so far hav been mindblowing.....they trend really nice.....and profits are mouthwatering :cool:i will post the charts of a few stocks i traded this week and nifty ofcource.....after saint sir's posts..which he will b posting soon.....

den u can decide 4 urself ;)

i will also post some gaps situations by tomm. which saint sir will b commenting on.....:)


ending the week with lott of learning will b nice :)--)


regards

neeraj
 

orderflow13

Well-Known Member
Re: 60min Flow Trades for the Week: Saint's Method

Very patiently waiting for your gap charts Neeraj,
yes personal preference, few scared of option writing few scared of option buying, some like commodity some bonds...personal preferences..all is good if u making money.
Must admit you doing some really hard work Neeraj..keep going
will sign off sorry for cramping the space :D
I am in queue for saint sirs post
 
Re: 60min Flow Trades for the Week: Saint's Method

Okay....sorry about that.....in continuation with the previous post,Flags present a problem for the Pivot Trader.A bear flag has higher pivot lows and high of decreased gradient as compared to the lower pivot highs and lows that make up the preceeding downtrend.That gives the impression that an uptrend has resumed when it actually is nothing but a pause in trading before we head to new lows.

Like in LT that day.....And in NF on 20th-21st Oct.

How we manage that is by putting in our stops at previous pivot highs in the main trend....in this example lower pivot highs in the main preceeding downtrend.If a flag were to take out our stop points,no choice but to reverse long and go with the resultant flow.Wrong on our part to anticipate that a particular move is a flag,and miss out on an uptrend.Wrong also to move stop down to the pivot high within a flag and get tossed about.

Of the 2 types of Flags,the Bear Flag is easier to deal with.......Downtrends seem to end with a failure pattern or a V shaped revival.Hardly ever is that time one sees a Higher Pivot Low and take off.

The Bull Flag is more difficult to manage.........Uptrends also end as above,failure,V shaped,or pattern breakdown......but many times,simply a lower pivot high and then a fall.To anticipate that every lower pivot high is a Flag is wrong.But price does give us a few hints.....For example,a WRB breakdown and then a lower pivot high.Raise stops.....Don't say that stops are not to be raised till new highs are made.

The way a Flag forms in an uptrend and the way the Reversal forms after an Uptrend are 2 different ways......The Flag will be low range bars,mild gradient,lower volumes....A Possible Reversal may give a signal by a WRB,higher volumes,and then lower vols as it makes a lower pivot high,before volumes come in and give us a confirmed reversal.

Important therefore to go through thousands of charts......all the above are words pointing to something...Don't get caught up in the web of definitions and words,....finally it's all about the charts,and how it plays itself out.

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

Dear friends i am completely confused trying to learn saints 60 min flow method.

As far as i understand we initiate trades in breakout / breakdown of 60min candle , but can anyone explain where to keep stoploss / trailing stops / profit booking / and other filler / SAR terms.

waiting for your reply ,
Aishwarya
 

ThE HaMmEr

Well-Known Member
Re: 60min Flow Trades for the Week: Saint's Method

sir please give only 1 example of each......whenever u feel comfortable.......

its been a long time u posted sum chart...i hav seen those beautiful charts of urs :)
 
Re: 60min Flow Trades for the Week: Saint's Method

As far as the 60min Flow goes:

NF:Still long with the SAR at yesterday's pivot lows.
RELIANCE INDS:Just reversed to longs.SAR at yesterday's pivot lows,also lod.
SBI:Add points hjust triggerred......SAR at 2PM low yesterday.
LT:Once again add points triggerred....SAR at yesterday's low.
ABAN:We are still short from Feb 2nd.
DLF:SAR at yesterday 3pm bar lows.
HDIL:SAR at last bar yesterday lows.

All the best!
Saint
Plz clarify on ABAN.. i think we r long. Also clarify as to what is the filter used..
 
Re: 60min Flow Trades for the Week: Saint's Method

Okay....sorry about that.....in continuation with the previous post,Flags present a problem for the Pivot Trader.A bear flag has higher pivot lows and high of decreased gradient as compared to the lower pivot highs and lows that make up the preceeding downtrend.That gives the impression that an uptrend has resumed when it actually is nothing but a pause in trading before we head to new lows.

Like in LT that day.....And in NF on 20th-21st Oct.

How we manage that is by putting in our stops at previous pivot highs in the main trend....in this example lower pivot highs in the main preceeding downtrend.If a flag were to take out our stop points,no choice but to reverse long and go with the resultant flow.Wrong on our part to anticipate that a particular move is a flag,and miss out on an uptrend.Wrong also to move stop down to the pivot high within a flag and get tossed about.

Of the 2 types of Flags,the Bear Flag is easier to deal with.......Downtrends seem to end with a failure pattern or a V shaped revival.Hardly ever is that time one sees a Higher Pivot Low and take off.

The Bull Flag is more difficult to manage.........Uptrends also end as above,failure,V shaped,or pattern breakdown......but many times,simply a lower pivot high and then a fall.To anticipate that every lower pivot high is a Flag is wrong.But price does give us a few hints.....For example,a WRB breakdown and then a lower pivot high.Raise stops.....Don't say that stops are not to be raised till new highs are made.

The way a Flag forms in an uptrend and the way the Reversal forms after an Uptrend are 2 different ways......The Flag will be low range bars,mild gradient,lower volumes....A Possible Reversal may give a signal by a WRB,higher volumes,and then lower vols as it makes a lower pivot high,before volumes come in and give us a confirmed reversal.

Important therefore to go through thousands of charts......all the above are words pointing to something...Don't get caught up in the web of definitions and words,....finally it's all about the charts,and how it plays itself out.

All the best!
Saint
Sir,

Thanks for fine differentiation between a bear/bull flag correction and the reversal. Now understood that all pivot highs and lows are not qualified for reversal,though they qualify as pivot lows and highs.

Reversal candidates require more confirmation in the form of WRB against the previous trend,larger bars,high volumes on reversal move as against a flag with smaller bars and low volumes.

This sure will save lots of our false and premature reversals which result into stoplosses.

Regards,

Smart_trade
 

ThE HaMmEr

Well-Known Member
Re: 60min Flow Trades for the Week: Saint's Method

Dear friends i am completely confused trying to learn saints 60 min flow method.

As far as i understand we initiate trades in breakout / breakdown of 60min candle , but can anyone explain where to keep stoploss / trailing stops / profit booking / and other filler / SAR terms.

waiting for your reply ,
Aishwarya
go thru them step by step...and dere will b no confusions...

1ce u knw all...u can post queries in live forum,,,

here is the all about technical analysis forum
http://www.traderji.com/technical-analysis/6072-teach-man-fish.html

companion guide fro the 60 min flow method(here u will find all ur answers)
http://www.traderji.com/equities/25356-live-discussion-saints-60-minute-flow.html

the mother thread
http://www.traderji.com/equities/21903-going-60min-flow.html

weekly trades r posted here
http://www.traderji.com/equities/25237-60min-flow-trades-week-saints-method.html

live discussions r done here
http://www.traderji.com/equities/25356-live-discussion-saints-60-minute-flow.html


regards
neeraj
 

TFL

Well-Known Member
Re: 60min Flow Trades for the Week: Saint's Method

sir please give only 1 example of each......whenever u feel comfortable.......

its been a long time u posted sum chart...i hav seen those beautiful charts of urs :)
Yah...the charts will help us to understand better. Hope Saint sir will dedicate some more time for us in putting charts.

In NF OCT 2008 20 & 21'st days charts... Its a Flag/Pennant?


Haribird.
 
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