Going With The 60min Flow!!!

[vinst]

Slowly pulling out of active posting in this thread........Think MJ and Rakesh are doing a great job,although my reversals today were not the same......But everyone in learning phase.

Next few days,will not be posting.......after that,will continue posting,but not actively intra-market anymore.

Time running out and fast....I desperately need you guys to pick up the way I do things,at least a few of you.

Meanwhile,you guys are doing great.......Wishing you all the very best!

Saint

In fact Saint, you are asking some like me to grow up !! We are growing saint though we want to keep our bones intact on the way. As for me, I was a consistent loser and my confidence was so low that i couldn't even tolerate a loss of 50 NF points on screen since my reversed trade was equally shaky.
Following you has meant :
1) my account has grown
2) I don't tremble looking at the screen with a relatively losing trade of 100 points. I try to think of my plan with which the trade was initiated, and act accordingly.

3) ..... yet to come

So Saint, please keep posting though frequency may reduce.

regards,
vin

 

[ThE HaMmEr]

hi Team

i have done some backtesting on gold mini commodities......the resuts are mindblowing..........

i am hereby posting the backtesting results........

A FEW THINGS TO SAY........

i have just 2 months experience wid the flow system........i am bound to do some mistakes........

here while doing the backtesting i had only 1 thing in mind.... go with the eye......i have taken only 60 min pivots which are clear to the eye..........

the filter used is 30 for entry and 20 for adds.......

4 bar rule doesnt help much coz there are big movements either ways............

so only pivots wud do......and a lil bit analysis..........

regarding adds......i added where d move is a WRB...or a good move....add above it.....
i have taken only 1 add.....

if initial entry is x then add is x .....

every 1 has a different eye......so what i am seeing might sound wrong to others...........so please help me make dis data more accurate...........

a lil bit working is required....regarding adds and managing the trades..

i hereby request all seniors......saint sir..........and all the 60 min flow team......to come together and analyse this data........correct all mistakes...........reconsider all d rules............and i am pretty sure within a week's time we will b ready to trade gold...........


i am attaching the detailed explanation of the trades

also the total profit/loss in a diff. file(with , without adds)

in d next few posts i will post the charts.........which den we can quote and discuss.......

regards

neeraj

TRADE 1

*CONSULT D ATTACHMENT IN FIRST POST FOR DEAILED EXPLANATION
*IGNORE THE CCI, DMI AND OPEN INTEREST VOLLUME

TRADE 2 , 3

*CONSULT D ATTACHMENT IN FIRST POST FOR DEAILED EXPLANATION
*IGNORE THE CCI, DMI AND OPEN INTEREST VOLLUME

TRADE 4, 5, 6, 7

*CONSULT D ATTACHMENT IN FIRST POST FOR DEAILED EXPLANATION
*IGNORE THE CCI, DMI AND OPEN INTEREST VOLLUME

TRADE 8

*CONSULT D ATTACHMENT IN FIRST POST FOR DEAILED EXPLANATION
*IGNORE THE CCI, DMI AND OPEN INTEREST VOLLUME

* SATURDAYS DNT HAV NE SIGNIFICANCE .......... SO I HAVE NOT CONSIDERED SATURDAYS PIVOTS IF ANY AT ALL................


a collection of all my posts.......am starting d trading in gold soon.......

regards
neeraj

 

[ThE HaMmEr]

trade 9

*consult d attachment in first post for deailed explanation
*ignore the cci, dmi and open interest vollume

trade 10, 11

*consult d attachment in first post for deailed explanation
*ignore the cci, dmi and open interest vollume

trade 12

*consult d attachment in first post for deailed explanation
*ignore the cci, dmi and open interest vollume

trade 13, 14, 15

*consult d attachment in first post for deailed explanation
*ignore the cci, dmi and open interest vollume

trade 9 - 15

 

[ThE HaMmEr]

trade 16, 17

*consult d attachment in first post for deailed explanation
*ignore the cci, dmi and open interest vollume

trade 18, 19(current trade)


*consult d attachment in first post for deailed explanation
*ignore the cci, dmi and open interest vollume

trade 16 - 19

 

[rishig38]

Current position in Gold is short with a SAR of 11684...

attached is the chart for GOLD MCX that shows the new pivot on 60 min for reversal of longs...

 

[ThE HaMmEr]

Current position in Gold is short with a SAR of 11684...

attached is the chart for GOLD MCX that shows the new pivot on 60 min for reversal of longs...

rishi donn forget to mention what gold is it..........gold dec or gold mini dec......

both prices r diff........


currently we are short at 11649 SAR now....11720


dis is GOLD M december

 

[rkkarnani]

talk to some fighter fliers, thay say thinner air (i have overheard them a few times)

As for nifty trade, saint's absence will affect all trades, nifty or stocks.

vin

Okay!! Never heard thinner air!!! Maybe Rakesh can confirm!!!

 

[bandlab2]

simple query. do i need to read the hourly bar open , close to determine the PL, PH or bar low, high ? so far i am considering only the bar open, close. pl clarify

thanks

 

[niksan]

I am trying to trade the 60 min flow using y a h o o intraday chart (online) there are no utilities like any other charting software but it displays the trend.

Anyone else using y a h o o? Or should I buy some charting software? I guess I will have to buy since no trial versions display intraday data.

Also I don't use the candle view on y a h o o chart. Does that make a lot of difference?

Help appreciated in advance!

 

[rishig38]

rishi donn forget to mention what gold is it..........gold dec or gold mini dec......

both prices r diff........


currently we are short at 11649 SAR now....11720


dis is GOLD M december

Neeraj, for me it is GOLD MCX Dec-05 short with a SAR of 11684....