Going With The 60min Flow!!!

[faith]

thank you sir for the reply. i already checked those sites, they have daily charts, not 60 minute. can you give more details on the exact url or how to navigate on these sites to get 60 min charts

thanks again

you can change period ..............look on the left side ...period,time period ,chart size etc.............................

http://www.investbulls.com/e107_graph/IntraDayCharts.php

http://www.icharts.in/

faith

 

[Saint]

Saint, could you have another look at the gaps on:

Dec 12 2006 - almost the same situation as Jan4, but if I'm understanding you right, you would've reversed on Dec12th but not Jan4th(assuming the SL hit). Why?

May 11 2007 - We're long and it's a gap down below the PL, not sure why that's on the list

Mar 12 2008 - Just confirming that we WOULDN'T have take that as a reversal, right? Due to the gap up, 5 min bar bullish pattern?

Also, a basic confirmation on the rules, (1) are we looking for a prolonged move up or just a nice upmove on the previous day(vice versa for shorting)?
(2) And does upmove just mean in terms of open and close of the previous day or do we have to look for the 4bars up/2WRBs formation?

PS: This isn't just addressed to Saint, anyone with 2 cents please pitch in.

Sec5,

You should have been long on May 11th 2007.......and those 2 bars breakdown tell you that the downtrend is not over.And then a gap down.

Dec12th 2006?Do you mean Dec12th 2005 and Jan4th 2006?If so,the quality of the first bar.

And on Mar12th 2008,the first candle on my charts is a bearish candle with body.

Saint

 

[rakeshluthra430]

Add 1 triggered at 2894-7

 

[kalwarik]

SAR for ABAN pls

 

[myvineet]

SAR can be now 2923+20..am i right?

 

[milind]

SAR can be now 2923+20..am i right?

Why? Gap in direction of trade, first 5m bar in direction of trade. Need to wait for a pivot

 

[nagakiran]

SAR can be now 2923+20..am i right?

I think SAR as previous day's pivot only..

Today, 1st 5min candle is not a bullish one and even downtrend also started only yesterday.

 

[yashodhan]

I think SAR as previous day's pivot only..

Today, 1st 5min candle is not a bullish one and even downtrend also started only yesterday.

What is yesterday's pivot? 3117 + 15?

 

[Sec 5 (Pyr)]

And on Mar12th 2008,the first candle on my charts is a bearish candle with body.

One of us is having a data problem then, no matter. We're still in agreement that the first bar should have been bearish for the trade to go through.

You should have been long on May 11th 2007.......and those 2 bars breakdown tell you that the downtrend is not over.And then a gap down.

Explain this one again, please. I would've been long from May 9th, and then on May 10th it briefly goes up then drops without any PL. Next day a gap down below our old PL, the market then goes upward so we do nothing.

To be specific, May 10th is what you need to explain to me, would we consider the 10:00-11-12:00 bars formation as a PL?

Dec12th 2006?Do you mean Dec12th 2005 and Jan4th 2006?If so,the quality of the first bar.

Ugh, yes. 2005.

But anyway, could you explain this one in detail too? My eyes aren't seeing much difference between them...

Preferably NOT during market hours next time I'm honored that you'd take the time off, but it's no rush.

 

[nagakiran]

What is yesterday's pivot? 3117 + 15?

as mentioned by you.