Going With The 60min Flow!!!

[Pattel]

Dow 60min as at 9:40 IST

MJ-

It slide down another 100 points and closed @ 11,188(-344). Guess we may have to apply 5 min rule today for our SAR nifty trades.

 

[trillian]

I have been following this thread from few weeks before.Such an great initiative By Saint added by sathya, rk and all other members who contributed here.

The main advantage of this method is without using any technical indicators its awesome.

Thanks for the initiative.


I am watching the thread which contains more chart for Nifty future. so i thought this method is used only for nifty futures.

So I have an doubt if i choose this method for an equity scrip what are all things i want to follow?

Can any one explain able to explain with the below chart what the whole thread teaches us? what are the things we want to see in a chart for this 60 min trend, entry, exit , SL. how you add SL points for ordinary scrips?

It will be grateful for me if someone take initiative and teach me with the below chart where to start from?

And i will update my workouts with you.

Note: May be you will think if i study the whole thread i can get answers for my questions, but i will be more understandable from my question.

Thanks

 

[vpsarathy]

I have been following this thread from few weeks before.Such an great initiative By Saint added by sathya, rk and all other members who contributed here.

The main advantage of this method is without using any technical indicators its awesome.

Thanks for the initiative.


I am watching the thread which contains more chart for Nifty future. so i thought this method is used only for nifty futures.

So I have an doubt if i choose this method for an equity scrip what are all things i want to follow?

Can any one explain able to explain with the below chart what the whole thread teaches us? what are the things we want to see in a chart for this 60 min trend, entry, exit , SL. how you add SL points for ordinary scrips?

It will be grateful for me if someone take initiative and teach me with the below chart where to start from?

And i will update my workouts with you.

Note: May be you will think if i study the whole thread i can get answers for my questions, but i will be more understandable from my question.

Thanks

trillion,

I asked the same question a few weeks ago. A senior replied that the 'addition' to stop loss is to be acertained by you over a period of time by trial and error. I have been trying with 1% in paper trading and it is working very well. You must practice paper trading for a month or two before putting in your money. This is my third month of paper trading.

You will get the answers to your Qs if you study the system 3 or 4 times with full concentration.

First study as I adviced, then ask the questions in this forum or use other forum which exclusively for questions on this method.

I believe Saint is starting 5min intraday trading strategy; hope it is for equities in the cash segment.

vps

 

[Saint]

Expecting a 100point gap down 4350-ish...........whatever happens,we stick to the Plan as simplified by niftychance(by the way,thanx NC).

JPA,GMR,ABAN,PGRID.....Assess on open if pivot lows get taken out and react accordingly.

Saint

 

[Satyen]

Expecting a 100point gap down 4350-ish...........whatever happens,we stick to the Plan as simplified by niftychance(by the way,thanx NC).

JPA,GMR,ABAN,PGRID.....Assess on open if pivot lows get taken out and react accordingly.

Saint

yes we will stick to plan ....................

Regards
Satya

 

[vinst]

Hello Saint sir

I have tried to compile all different cases for the gap opening and my understanding of the trading rules for them.

Please have a look and point out any mistakes and also if anything / case is left out.

To summarize if the price gaps beyond the SL, we hold on till 10:00 AM and give it 15 more points of room before reversing...


Thanks

Very nice of you to put this up. However, my understanding of # 1 and 4 was different.
#1, Flow up, Gap up. The first 5min bar to be used to add position only if there is no PH available to add position this up trade at that time.
#4, Flow down, Gap down. The first 5min bar to be used to add position only if there is no PL available to add position this down trade at that time.

regards,
vin

 

[nagendra_gb]

Hi ,

Please post SAR of Aban offshore...

 

[myvineet]

Market is our biggest Teacher. This year, market has been very tough on students and have penalized heavily for mistakes. But as a good student, we should thank markets for making us tough mentally and prepare for times ahead. THANK YOU market...Teacher .......

on the Teacher's day A special thanx to our teachers here who teaches us the Art of trading.. Asish da & Saint

thanx & regards

VINEET

 

[man4urheart]

Good morning team

No Stop loss on NIFTY.

Waiting for 5 min Bar!

Expected GAP opposite to our current long!

 

[musicjunkie]

My stop
4341-15 = 4326