Going With The 60min Flow!!!

[vinst]

saint,

sesa long SL at 3320 ?
trying to learn
vin

 

[Ank!t007]

vinst,
sesa long SL at 3320 ?

Read the previous post

Saint,
SESA:covered at 3402 on x4 positions.......+224 x 4=+896,........ long from 3402,sold at 3359....-43pts.Short from 3359......

Ankit

 

[Satyen]

Hi Satya,

Will do the backtesting, when get some time. Just looking at the 60 mins looks like profitable, though did not do any backtesting as such!
So you are still not taking live trade?

Regards

hi milky yes i do trading with 60 min pivots but not strictly as the rule here
even i skiped some long trade coz daily is in down trend etc etc

No what i was saying if we can post our charts for diffrent months with pivots then we can cross check where we go wrong and find out valid pivots and see if we trade for last 6 months then how much point we can have

Hope you can join ...... i have data from december 07 may be posting today evening a chart with pivots you please comment on that if possible then post a chart with pivots for the month of december 07



Regards
Satya

 

[Satyen]

Hi Milky and Satya : A smll request, Can u please post a chart of June trades with the points where the trades were taken duly marked. Will help cleara few doubts!!! Also confirm whether any jiggling space has beenfactored in the results of June 2008!!?? Also check the SL figures seem to be wrongly typed, other than in first trade all other are reversal figures rather than the SL figure!!!
Thanks.
-R K Karnani
ps.: May be the charts were posted as and when the trades were initiated , but getting the entire picture at a go wud be much more helpful.

Dear RK
I will try to post a chart of june seriese with all trades taken today eveing

regards
Satya

 

[Satyen]

Hi Satya,

Will do the calculations ASAP, Sorry for that.
For now I am posting the trades we are in for this series.
Trade 1 on Friday, due to playing gaps -60 points, by the end of the Day we are short at 4127-
Point for reversal to longs 4108+

Regards

hi milky thank you for the trade i had a doubt about friday trading yes if we trade keeping days high as SL then its right we lost 60 points in first two trade but i was looking previous GAPS against trade and found even 5 min low broken and prev pivot as stop then its working fine but its not Saints recomended but if our trades are continius then most Gaps fall in line with the trade again Gaps Against trades will initiate a trend in other direction

that is why requested you to post charts from december and can finalise the rules and then send it to Saint for final aprove


Regrds
Satya

 

[vinst]

hi milky thank you for the trade i had a doubt about friday trading yes if we trade keeping days high as SL then its right we lost 60 points in first two trade but i was looking previous GAPS against trade and found even 5 min low broken and prev pivot as stop then its working fine but its not Saints recomended but if our trades are continius then most Gaps fall in line with the trade again Gaps Against trades will initiate a trend in other direction

that is why requested you to post charts from december and can finalise the rules and then send it to Saint for final aprove


Regrds
Satya

satya,
bhai can u re-post by breaking the lrage paragraph in to sentences. I confused myself !!

regards,
vin

 

[Saint]

Nice move in ABAN.....

Saint

 

[Saint]

Huge fall in ABAN.......Buying above the first bullish bar on the 60......till that happens,holding short.

Saint

 

[vinst]

Saint,

Juicy moves on ABAN, SESA. I am watching. ABAN 100 down in this hrly bar !!

vin

 

[Satyen]

satya,
bhai can u re-post by breaking the lrage paragraph in to sentences. I confused myself !!

regards,
vin

Hi Vin will try to repost what i was saying

Before this what i was doing when a Gap comes against the long position then wait for 5 min bar to form then if low broken then reverse the position to short keeping SL as previous pivot high not the Gap days high

But As saint said on friday we should keep stop as Gap days high and if this taken out we should reverse position
that is why we have two trade on friday and finaly we short on friday with days high as Stop

Again what i was saying if our trades are contineus then most gap will come inline with our trading position and the Gaps which comes against our position mostly changes tend so was thinking first 5 min break is enough

this is my thinking may be wrong

Regards
Satya