Going With The 60min Flow!!!

[Prabhjeet]

But no one knows when it will start trending again...so we continue. But yes, getting into Stock Futs would be an advantage.

As for Filter space...increasing it to 20 or 25 may help us 1 or 2 times...but the advantage evens out once we get trending moves...and miss those 5-10 points.

But good thoughts friend....always with a thinking cap on.

Yeah you seem to be right we should wait for volatility to subside itself

 

[sikandar]

My god, look at the long topping tail on 60 min. charts and we have entered long at this candle. I will move my stops to low of candle at 1 pm

After 1pm bar it is white candle!

 

[KomaL2099]

I will wait for 2894 - 15 before getting out of longs

I am with you on it.

 

[ratan jain]

Dear friends,

Trying to find out which of the 2 methods are going to suit my trading style.
Am keenly following the miniflow and know the trades taken there.,
Can anyone be kind enough to let me know how the last few trades have fared?

Any idea on AVERAGE profitibality per trade and AVERAGE loss in points or in % terms per trade?

I am sure many people will be derive benefit from answers to these questions, myself most

 

[rakeshluthra430]

Looks like the Kind of Failed Breakouts that Saint mentioned few days ago, I even asked Saint how to recognize these breakouts but somehow Saint could not remember it.

I think the episode of Kanchan is now taking its toll on this thread

Yes..these people come here for poking us during weekends..and get out after having their share of perverted joy.

Heck...and why only them..we too are equally to be blamed. Remember Saint had got in the 30min tweak in June/July?? Not what was that for? We all saw when he did use those tweaks and made great and timely reversals.
And then why did he roll it back?? Because of us..we could not understand when and why of it.... Had we been using it...yesterday wouldnt have happened.

Lot of things..but for later

Rakesh

 

[Satyen]

I am with you on it.

Dear Friend why reverse on this point ??? again if you are long then wait for pivot to break my thought

Off topic : we may have forming triangle so expect a break out lot of time pivots get us into trade before this type of break outs

no offending you in any way

Regards
Satya

 

[Prabhjeet]

Dear friends,

Trying to find out which of the 2 methods are going to suit my trading style.
Am keenly following the miniflow and know the trades taken there.,
Can anyone be kind enough to let me know how the last few trades have fared?

Any idea on AVERAGE profitibality per trade and AVERAGE loss in points or in % terms per trade?

I am sure many people will be derive benefit from answers to these questions, myself most

Both methods have got their own Pros and Cons Ratan. In Mini flow you want to be always on alert for any potential reversal developing and we teke 3-4 trades on average Daily with most of the weeks ending in profits.

Here in 60 min. you have to be totally laid back and no quick action is required, we move stops and adds as pivots keep on forming . On average trade last 3-4 days but on some choppy days we can have as many as 3 reversals in a day but not usually.

Actually 60 min. requires a bit more of your guts as the stops are wider than on Miniflow so decide for yourself whether you have stomach to take a bit wider stops and also to let the larger profits run

Profitability is more or less same on Average

 

[Prabhjeet]

Yes..these people come here for poking us during weekends..and get out after having their share of perverted joy.

Heck...and why only them..we too are equally to be blamed. Remember Saint had got in the 30min tweak in June/July?? Not what was that for? We all saw when he did use those tweaks and made great and timely reversals.
And then why did he roll it back?? Because of us..we could not understand when and why of it.... Had we been using it...yesterday wouldnt have happened.

Lot of things..but for later

Rakesh

Yes its actually our fault that we had not been able to get Saint's tweaks in our heads

Anyways I think yesterday we should have used 2 bar back if I see the trade in Hindsight. I actually have started to use particular criteria for defining vertical moves and will apply them everywhere but would not discuss it here as it may further confusions

 

[Prabhjeet]

In the meantime HDIL looks set for revrsal at 119, already hit 118.15

 

[ratan jain]

Both methods have got their own Pros and Cons Ratan. In Mini flow you want to be always on alert for any potential reversal developing and we teke 3-4 trades on average Daily with most of the weeks ending in profits.

Here in 60 min. you have to be totally laid back and no quick action is required, we move stops and adds as pivots keep on forming . On average trade last 3-4 days but on some choppy days we can have as many as 3 reversals in a day but not usually.

Actually 60 min. requires a bit more of your guts as the stops are wider than on Miniflow so decide for yourself whether you have stomach to take a bit wider stops and also to let the larger profits run

Profitability is more or less same on Average

Thanks Prabhajeet,

Can anyone gimme a rough idea what the profits and losses per trade look like?

In mini flow method, we are facing maybe max 2 losses back to back MOST of the time.

Any idea of staistics on this method?
And if profits per week are the same, but losses are bigger, am I right in thinking that quantity would have to be scaled down in this method? compared to miniflow.