Going With The 60min Flow!!!

[Satyen]

Good morning Flow traders .....

By now most of us must have known the following facts but still posting as i had created noise about this and now realised that i was wrong .....
when our stop hit losing near about 500 point on single lot most of us was worried and even did not take the trade which was short ...... but according to method if we have shorted that day we may have recovered all the loss by that stop hit .....

we did not realise that market moving into high volatile state ........

THE METHOD WAS NEVER WRORNG ..... according to Rakesh the trader who is trading is wrong .... and Saint rightly said we did not have large stomach to reverse there

Just a thought wanted to share

Regards
Satya

 

[rakeshluthra430]

Good morning Flow traders .....


THE METHOD WAS NEVER WRORNG ..... according to Rakesh the trader who is trading is wrong .... and Saint rightly said we did not have large stomach to reverse there

Just a thought wanted to share


Regards
Satya

Sorry Satya..didnt get you on this. Did I say anywhere not to take the trade?

Please do let me know if I said something like that...or am I missing some subtle meaning??

Not to cross question you or anything of that sort my friend....you know that.

Rakesh

 

[KomaL2099]

Everyone long in ABAN now
After revisiting the Chart 955-20 looks like SAR to me.

 

[KomaL2099]

komal,
As per my pib chart Aban open in 5min chart is at 975, high at 1000 and low at 975.
so i put my order at 1000+20. is it correct?

nilaish

Nilash
ABAN PH was 980. And as per my chart ABAN opened at 975 ie below the previos PH and hence long for me triggerred at 980+20.
But other charts says that it opened above previous PH of 975 and hence SAR for them stands at first 5min high + 20 ie 1000+20.

Thanks
KomaL

 

[Saint]

Good morning Flow traders .....

By now most of us must have known the following facts but still posting as i had created noise about this and now realised that i was wrong .....
when our stop hit losing near about 500 point on single lot most of us was worried and even did not take the trade which was short ...... but according to method if we have shorted that day we may have recovered all the loss by that stop hit .....

we did not realise that market moving into high volatile state ........

THE METHOD WAS NEVER WRORNG ..... according to Rakesh the trader who is trading is wrong .... and Saint rightly said we did not have large stomach to reverse there

Just a thought wanted to share

Regards
Satya

Incorrect on reversal points,Satya.......have already posted it a few pages back.

Saint

 

[Prabhjeet]

Sorry Satya..didnt get you on this. Did I say anywhere not to take the trade?

Please do let me know if I said something like that...or am I missing some subtle meaning??

Not to cross question you or anything of that sort my friend....you know that.

Rakesh

I think Satya means that the trader who didnt take short trade after 500 pts. loss on long trade is wrong, not the flow method which though lost 500 pts. earlier on long trade but he losses would have been recovered if a trader had went short next trade.

I think Satya appreciates your view of taking all the trades without trying to find fault in Flow method

 

[rakeshluthra430]

I think Satya means that the trader who didnt take short trade after 500 pts. loss on long trade is wrong, not the flow method which though lost 500 pts. earlier on long trade but he losses would have been recovered if a trader had went short next trade.

I think Satya appreciates your view of taking all the trades without trying to find fault in Flow method

..aah that makes perfect logic now...

and why was I dumb enough to not understand that. Thanks Prabh for putting it across.

You along with Satya, apart from the Guru are among my friends who have been helping the trader in me evolve..and very patiently. Thanks a lot both of you for that.

Rakesh

 

[raichuranimesh]

hi every body

 

[Prabhjeet]

Saint first of all let me raise my hand and say that I am one of your students who doesnt care how many SAR are hit during a day. I always have your quote by my side " We have to give pennies to make pounds".

Now coming to Failed breakouts Saint I have a dilemma. Sometimes we have a very clear breakout/down from pivots where all the time frames usually agree and our position become profitable instantly, most of the times the prices wont even come back to our entry price but there is one more scenario which is real trouble maker.

Sometimes prices just about break our pivots and then start reversing back and we get scared by reversal and get back to our original position but in due time the move reverses again and we are left holding our losing position.

So how do we tackle such breakouts Saint, which will threat to reverse but dont actually do so. Are there any Visually obvious signs of a Definite Failed Breakouts

Saint I am still waiting for your answer to this question, plz. take some time out sir this is really important

 

[Saint]

Saint I am still waiting for your answer to this question, plz. take some time out sir this is really important

Ouch Prabhjeet,missed that post...Thanks for re-asking.Hope it can wait till after market.

Saint