Going With The 60min Flow!!!

[rkripal]

Re: 60min Flow Trades for the Week: Saint's Method

rakesh

thank you very much for this thread.

kripal

 

[KomaL2099]

Re: 60min Flow Trades for the Week: Saint's Method

Let me take the honour to post the first chart on this newly opened thread.

Trade 1 -- Long trigerred above H1+filter with SAR as L2-filter.
New High H2 formed SAR remains same L2-filter.
New Pivot Low formed .. SAR changed to L3-filter.
ADD should come at H3+filter.
ADD didnt trigger .. SAR(L3-filter) hit. Position reversed.

Trade2 --- Short trigger at L3-filter with SAR at H3+filter.
Steep downmove without any Pivot . Bar2 rule comes into play SAR now H4+f
SAR(H4+f) hit position reversed to long.

Trade3---- Long trigger at H4+f with SAR at L4-filter.

Whats your say on this...
PS: --Also how many think reversal for trade3 should have been done at marked red line+filter below H4. ???? I do.

 

[rakeshluthra430]

Re: 60min Flow Trades for the Week: Saint's Method

This makes me feel better.

Thanks for your initiative and willingness to keep both these method discussions alive. I can take up 1/2 scripts to post every week if you think i can be helpful. I'm sure it will take atleast 3/4 hours for someone to post all charts. Let me know.

Good luck with your new thread

Thanks a lot friend for your help...will surely bother you going on. Will Pm you what I require.

The posting of trades and charts start from next week onwards....meaning thereby that we post the current and next weeks chart on 6/7th December...after which it becomes a weekly affair. Before that...I would be making a few rules/tweaks clearer, as also would intoduce a few new rules.

Thanks again,
Rakesh

 

[rakeshluthra430]

Re: 60min Flow Trades for the Week: Saint's Method

Let me take the honour to post the first chart on this newly opened thread.

Trade 1 -- Long trigerred above H1+filter with SAR as L2-filter.
New High H2 formed SAR remains same L2-filter.
New Pivot Low formed .. SAR changed to L3-filter.
ADD should come at H3+filter.
ADD didnt trigger .. SAR(L3-filter) hit. Position reversed.

Trade2 --- Short trigger at L3-filter with SAR at H3+filter.
Steep downmove without any Pivot . Bar2 rule comes into play SAR now H4+f
SAR(H4+f) hit position reversed to long.

Trade3---- Long trigger at H4+f with SAR at L4-filter.

Whats your say on this...
PS: --Also how many think reversal for trade3 should have been done at marked red line+filter below H4. ???? I do.

Komal,
Some differences in our charts and also our trades.....though as of now we are both holding trades in the same direction (yes..took it at the red line).

Please give me some time to discuss a few more things (probably this weekend)...before we start discussing charts etc

Rakesh

 

[KomaL2099]

Re: 60min Flow Trades for the Week: Saint's Method

Komal,
Some differences in our charts and also our trades.....though as of now we are both holding trades in the same direction (yes..took it at the red line).

Please give me some time to discuss a few more things (probably this weekend)...before we start discussing charts etc

Rakesh

oops !!!! my fault ... the difference is becoz its not a NIFTY chart .. Sorry I forgot to mention that ... its SBI chart .

Rakesh ..now what u say .. would you have taken same trade looking at this chart ???

 

[KomaL2099]

Re: 60min Flow Trades for the Week: Saint's Method

Thanks a lot friend for your help...will surely bother you going on. Will Pm you what I require.

The posting of trades and charts start from next week onwards....meaning thereby that we post the current and next weeks chart on 6/7th December...after which it becomes a weekly affair. Before that...I would be making a few rules/tweaks clearer, as also would intoduce a few new rules.

Thanks again,
Rakesh

Rakesh
If you think I may be of some help please dont hesitate to ask me .
I can post LT,RCAP,ABAN charts as I follow them regularly. But only on weekends ...u know !!!!

 

[simple]

Re: 60min Flow Trades for the Week: Saint's Method

could anyone poast the last 3 day - 1 hour chart of ntpc and mark the levels on it


Simple

 

[Saint]

Re: 60min Flow Trades for the Week: Saint's Method

Let me take the honour to post the first chart on this newly opened thread.

Trade 1 -- Long trigerred above H1+filter with SAR as L2-filter.
New High H2 formed SAR remains same L2-filter.
New Pivot Low formed .. SAR changed to L3-filter.
ADD should come at H3+filter.
ADD didnt trigger .. SAR(L3-filter) hit. Position reversed.

Trade2 --- Short trigger at L3-filter with SAR at H3+filter.
Steep downmove without any Pivot . Bar2 rule comes into play SAR now H4+f
SAR(H4+f) hit position reversed to long.

Trade3---- Long trigger at H4+f with SAR at L4-filter.

Whats your say on this...
PS: --Also how many think reversal for trade3 should have been done at marked red line+filter below H4. ???? I do.

Komal,

Entry for Trade 1 was earlier than that....last bar of 20/11/2008.

Entry for Trade 2 short was earlier than L3---The break of the 2nd bar on 24/11/2008.

And yes,entry for Trade 3 was at the red line.


Different thread,same rules........looking fwd to more charts!

Saint

 

[Saint]

Re: 60min Flow Trades for the Week: Saint's Method

Komal,
Some differences in our charts and also our trades.....though as of now we are both holding trades in the same direction (yes..took it at the red line).

Please give me some time to discuss a few more things (probably this weekend)...before we start discussing charts etc

Rakesh

Thanks for this thread and the continued learning here.....wishing you all the very best!

Saint

 

[VJAY]

Re: 60min Flow Trades for the Week: Saint's Method

Komal,

Entry for Trade 1 was earlier than that....last bar of 20/11/2008.

Entry for Trade 2 short was earlier than L3---The break of the 2nd bar on 24/11/2008.

And yes,entry for Trade 3 was at the red line.


Different thread,same rules........looking fwd to more charts!

Saint

Entry for Trade 2 short was earlier than L3---The break of the 2nd bar on 24/11/2008.
Sir,
How please clarify the entry of trade 2-break of 2nd bar.how we consider 2ns bar as PL?
or is it as per previous PL.Please clarify

Regards
VJAY