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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RK, as far as I understand when we start a new move there is a different story for all the resistance & supports as far as our pivots method is concerned though classical technical analysts believe in previous supports & resistance but for us following the flows we should erase the past and focus only on pivots that are formed in current move, think of how complicated things can become if we keep on looking past pivots.

As far as I am concerned I dont see where the previous pivot lows are and will see what is there to see NOW.

May be Saint can throw some light on this new nuisance
Great post,Prabhjeet......

Saint
 

Prabhjeet

Well-Known Member
Orderbook strategies are used as execution setups within directional setups to get better executions.They have nothing to do with micro-managing and I am sure Saint will agree with me here.

Say if you get a signal to short at 4400 and you have a stop at 4415, using orderbook as a tool one can narrow the spread and save 3-5 pts and give the stop more leeway. A bad execution order can set one back by the same exposing oneself to more risk of the stop being hit.

So, please dont discourage others on improving their methods just because you have no idea about them yourself. You have been doing that a lot lately.

Yours Sincerely
CV
CV sir not sure how it helps us in scalping, but I am with Trader111 on the point that we only have to focus on Pivots when following Flow method, dont want to put a closer stoploss seeing TBQ TSQ and get out of a winner only.

Just my views, though I am a newbie compared to your experience sir
 

rkkarnani

Well-Known Member
CV sir not sure how it helps us in scalping, but I am with Trader111 on the point that we only have to focus on Pivots when following Flow method, dont want to put a closer stoploss seeing TBQ TSQ and get out of a winner only.

Just my views, though I am a newbie compared to your experience sir
May be true in any other scenario it works well as CV says, but here in 60 min. flow we have a totally simple set up and works well with nonTA's like me!!! Yes Prabhjeet , it is not to be included in 60 min.flow method!!! If at any time we can grasp what CV is trying to tell us, individually it may be implimented, but not as a RULE in this flow trades!!!
 

Prabhjeet

Well-Known Member
Great post,Prabhjeet......

Saint
Saint is always there to help us through all kind of situations, is there any better word than thanx that I can use
 
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