Going With The 60min Flow!!!

[milkyblack]

Nope that trade that started at 305 is over.....went into longs....and reverted back to shorts.

But incorrect where the reversals took place.Shall post after market,or if someone can help out with the reversal pivots sooner than that..... would be appreciated.

Saint

After the huge gap down on 17th ... taking the high of the first bar plus room... reverted to longs

Regards

 

[AMITBE]

The combination of the 2 strategies in the 2 threads is a huge advantage.....simply put,let us presume,I am a trader whose initial position is 3lots NF,by my 3rd add,I am short 12 lots Nifty.Meanwhile the long positions in The MiniFlow Thread with 6-8 lots lighten the "loss"........we are still trading the 60min Flow as it should be.And the Intraday Mini Flow as it should be........But the effect on the mind is immense.

Sort of a Hedge without being one.And then we have those days where we are holding longs,we have a Gap up,and then a Blast Off..........and we are long in the Intraday Mini Flow as well.So,those days are huge when both the Intraday MiniFlow and the 60min Flow are in line with each other.

Trust you to already have detected that and posted here,my wise friend.

Thanks as always!

Saint

Yes Saint.

I was always a lousy student, more than you can imagine.
Even so, the the two sets of equations where two negatives give a positive, and two positives of course give a positive, shone in my head bright as daylight.
So the two flows in the same direction would be making exponantial points seemed too obvious to state.

But then, the equations where the negative/positive were mixed...now that confounded my brains always.
So now, holding two contrary positions in the two flows...now this really gets dense for me.
So which of the two is the hedge...and how much of a hedge would depend on whether one negative is less of a negative compared to the other positive, or how more positive is the positive in relation to the other negative...gosh...that really took forever to come home. That's the reason I made that post.

Anyhow...thanks for telling me off!!
Whatever it takes, eh?!

Take care, good friend.

Amit.

 

[rishig38]

Can some one verify the SAR levels on Nifty, LT and ABAN??

Nifty Oct Futures SAR - 4160
ABAN Oct futures SAR - 2445
LT Oct futures SAR - 2535

 

[musicjunkie]

Hi nagakiran,
on the HDIL shorts, now I don't want to start the aggressive pure thing again, but I would have come down to the 30min chart as soon as I saw gap down+ down bars.

IF you see 30min sadly, no pivot formed so we exited short and entered long @ HOD 199.70+ 3.5 (a little more filter since its a gap down) with Stop at the low of day. This is clearly visible on the 60min.

^^ that's what I would have done...different people ...different ways of doing the same thing !

EDIT: sorry didnt see MB has replied, in 2 lines....im bad at explaining things....
MJ-

 

[Saint]

After the huge gap down on 9th ... taking the high of the first bar plus room... reverted to longs

Regards

Ah,my friend,you are a bit too aggressive for HDIL.....here you have to have a laid back attitude,nothing much to be done except count the points earned as it does all the hard work for you.

Pivot at 220,not broken,we had another mini gap up and a 5min high at 223.Entry long at 223 + room......Reversal back to shorts at 221 -room.

Saint

 

[Satyen]

Hi satya,

why cant we consider yesterday's last bar as pivot. as we see in the following
chart pivot is clearly visible. (see Chart 1)

while on the other day saint had considerd the point as valid pivot on 60 (chart2)

Please clear the point as i am not able to understand it.

thanks

Hi kripal actually my point was the last bar was a running bar may turn around and take the high at that time body of bar was smal ......

Regards
Satya

 

[milkyblack]

Ah,my friend,you are a bit too aggressive for HDIL.....here you have to have a laid back attitude,nothing much to be done except count the points earned as it does all the hard work for you.

Pivot at 220,not broken,we had another mini gap up and a 5min high at 223.Entry long at 223 + room......Reversal back to shorts at 221 -room.

Saint

Oops

Went wrong! Sorry friends for the wrong explanation!

Thanks Saint.... I thought as the low of the day was taken off and there was a gap down so.. the HOD became the pivot!

But got your point... of not being aggressive on HDIL...

Thanks Saint

Regards

ps:- pls help on the SL of ABAN

 

[SamFisher]

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Do not know if the SAR is right, Someone confirm it Please

Edit: Stop Loss Edited from 4212 to 4222

 

[Saint]

Yes Saint.

I was always a lousy student, more than you can imagine.
Even so, the the two sets of equations where two negatives give a positive, and two positives of course give a positive, shone in my head bright as daylight.
So the two flows in the same direction would be making exponantial points seemed too obvious to state.

But then, the equations where the negative/positive were mixed...now that confounded my brains always.
So now, holding two contrary positions in the two flows...now this really gets dense for me.
So which of the two is the hedge...and how much of a hedge would depend on whether one negative is less of a negative compared to the other positive, or how more positive is the positive in relation to the other negative...gosh...that really took forever to come home. That's the reason I made that post.

Anyhow...thanks for telling me off!!
Whatever it takes, eh?!

Take care, good friend.

Amit.

Telling you off..........if such a thing were to happen,it won't come from me,my friend.Too much of respect to be able to do such a thing.

And yes,forget what hedges what.........trade them both.Have two separate accounts,two separate strategies,be two people at the same time trading the two simultaneously.So Amit A the hardcore Intraday Trader cares two hoots about what the 60min Flow guys are doing.And Amit B the Aggressive 60min Flow Trader doesn't even know that such a thing as Intraday Trading even exists!

Always a pleasure to read your posts,.....

Saint

 

[tanewbie]

ABAN trade in progress