Going With The 60min Flow!!!

[kinkhab]

Re: Live discussion Saint's - 60 minute flow

Hi all GM

Nifty SAR 1st 5 min low - filter ( gap down opening against and below last trading day sar)
Please senior confirm

Thanks
Kinkhab

 

[metushar]

Re: Live discussion Saint's - 60 minute flow

2 Bar breakout failure in 60 min flow method

How do we tackle 2 bar breakouts and failure?

So far,we have seen a breakout that fails,this implies that a single bar broke out of its pivot highs to new lows and then flopped on itself and broke pivots and triggerred SARs.We also know how to manage WRB Breakouts.How do we manage if we get a Breakout(not WRB) followed by a bullish candle and then a huge fallThe questions are:At what point do we call the move a failure?Must we wait for pivots to break to reverse?

The below is a chart of ICICI Futs in Jan 2009.

The above modifications are important and all trading 60 min flow method should update themselves.

Smart_trade


Saint

Latest modifications in 60 min flow :
MODIFICATION 4:

SAR levels are raised every time a new pivot high is made.also raised in a vertical move using the 2 bar method.or gaps as per its rules,but whatever the scenario,the focus is to raise the SAR to a point where it reverts and we go the opposite direction.The focus is not on the small pivots within the sideways range,or a wedge/flag,etc.

Therefore,the SAR is raised on new highs,if that new high is not attained,SAR remains where it was.Note:It does not mean that those pivots within the flag or the wedge or the sideways are not pivots,merely that they are not points that we would raise our SAR to.It also means that when price goes above the previous pivot high of a bull flag,we raise our stops to the lowest point of that flag from the previous SAR(not necessarily waiting for new highs before the flag got started.)

The only time we do not bother about new highs is when we get a visually long sideways range.Here if the range breaks down,we are short.

The above is stated talking of uptrends,vice versa for downtrends.

All the best!
Saint

The above modifications are important and all trading 60 min flow metod should update themselves .

Smart_trade

ST can we have an example of this flag and movement to lowest point of flag.....also no icici chart is attached along with your post.....

 

[Smart_trade]

Re: Live discussion Saint's - 60 minute flow

ST can we have an example of this flag and movement to lowest point of flag.....also no icici chart is attached along with your post.....

Posting Nifty Futures chart showing sideways corrective movement. Small pivots within this movement are pivots but they donot represent reversal points.

ST

 

[myvineet]

Re: Live discussion Saint's - 60 minute flow

STda, now as we have a big upmove in nifty without giving a pivot..can't we go in 30 min charts to find pivot there ?

there is beautiful pivot @ 3.00pm bar low in 30 min chart...more clear if we get a gap up opening today...

regards

vineet

 

[rahulskr]

Re: Live discussion Saint's - 60 minute flow

hi all

i want to know which method is better for intraday trading .... miniflow or 60min ..... also in 60min, if day trading, do we have to trade bar-to-bar or pivots as different things r written at different threads..... can we trade cash segment with these methods or only futures..... also where can i find detailed info about both these methods n all the rules, filters, gaps etc...... the mother threads r very huge to read ......

cheers :thumb:

 

[nagendra_gb]

Re: Live discussion Saint's - 60 minute flow

STda, now as we have a big upmove in nifty without giving a pivot..can't we go in 30 min charts to find pivot there ?

there is beautiful pivot @ 3.00pm bar low in 30 min chart...more clear if we get a gap up opening today...

regards

vineet

if am not wrong we are short right on nifty ? and still long on Aban

 

[niftyrider]

Re: Live discussion Saint's - 60 minute flow

if am not wrong we are short right on nifty ? and still long on Aban

yes short in nifty future
not trading aban fut, but it shld be in short position.12pm bar pivot

NF

 

[metushar]

Re: Live discussion Saint's - 60 minute flow

hi all

i want to know which method is better for intraday trading .... miniflow or 60min ..... also in 60min, if day trading, do we have to trade bar-to-bar or pivots as different things r written at different threads..... can we trade cash segment with these methods or only futures..... also where can i find detailed info about both these methods n all the rules, filters, gaps etc...... the mother threads r very huge to read ......

cheers :thumb:

Rahulskr, the 60 minute flow is always in the trade method and is not for intra day trading and also it cannot be used for cash market by a retail trader because short positions have to be squared out on the day itself..........
I do not trade mini flow so wait for the answer from other members of the thread about the same......

 

[Smart_trade]

Re: Live discussion Saint's - 60 minute flow

STda, now as we have a big upmove in nifty without giving a pivot..can't we go in 30 min charts to find pivot there ?

there is beautiful pivot @ 3.00pm bar low in 30 min chart...more clear if we get a gap up opening today...

regards

vineet

Yes vineet,it is a bit of a hidden pivot on 60 but more clear on 30 min TF,Yes was a great place for reversal. Some of us reversed there,some reversed on 2 bars rule a bit late....

Smart_trade

 

[Smart_trade]

Re: Live discussion Saint's - 60 minute flow

hi all

i want to know which method is better for intraday trading .... miniflow or 60min ..... also in 60min, if day trading, do we have to trade bar-to-bar or pivots as different things r written at different threads..... can we trade cash segment with these methods or only futures..... also where can i find detailed info about both these methods n all the rules, filters, gaps etc...... the mother threads r very huge to read ......

cheers :thumb:

Miniflow is a daytrading method in which we dont keep any position at end of day ,60 min flow is a swing trading method where we trade the up/down swings and it keeps overnight positions.

You will have to take efforts on these methods as these have evolved over a period of time and has many thing which you must learn well....

Go to first page of this thread and you will get useful links.

Best Wishes,

Smart_trade