Going With The 60min Flow!!!

[vinst]

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

hi Vin
Can you share the post in which saint mentioned about this tweak .. if possible !!!!
I tried to search but could not find it

Komal,

Check post #937 in 60min closed thread ( i am recalling from memory, so if wrong , pls don't mind. I'll give you exact matter tommorrow, pls remind once in this thread).

regards,
vin

 

[vinst]

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

Saint : Happy Birthday !! May the coming year be The Happiest One till now !!!

Rakesh : Great charts, Keep them coming as per your convenience!

regards
vin

 

[bandlab2]

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

Bandlab
On 26th the SAR was moved to first 5min bar of 26 after completion of 11am bar. On 26th itself price shoot up but failed to take our SAR which was high of 5min bar+filter.
On 28th LT started downward journey hence SAR moved to high of last bar of 26+filter.

PS: How come you have chart formed on 27th ?? markets were closed that day??

komal, thanks fo the explanation. now it matches with my trade. since you mentioned yesterday at 12:03 AM, I thought you are refering to trades on friday. now its clear you are refering to 26th.

i am using icharts, they are showing 27th instead of 28th

i am also short on rcap, lt

 

[Muktha]

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

Found something related to this Trade 2 in "Teach a man fish..." notes. WRB in first 5 min bar and then a pull back and break in bar 3 signifies a huge move down.

9) Wide Range Bar
When you get a Wide Range Bar ,especially out of a basing consolidating sideways move, get ready for a big move in that direction.
Don't expect it to pullback and give you an opportunity to climb aboard. Sometimes it does, but in many times, it keeps exploding
higher.
What is a WRB? Don't complicate things by adding more criteria than the simple fact, a bar that makes a wide move in that time
frame and closing at or near the high of that bar/candle.
The beauty of a WRB … if you get one, buy the pullback, with a stop below the low of that very bar. Else, buy the high of that bar. If
we get a WRB and it reverses, a WRB failure is an ominous sign of a big move down.
Another thing to look at: A WRB with accompanying increase in volume out of a sideways base
And look out for a WRB that can happen after a big rally … could signify a turnaround soon
So, look out for the WRB

Thanks. Nicely explained by SAINT.

Regards

Muktha

 

[VJAY]

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

Komal,

Check post #937 in 60min closed thread ( i am recalling from memory, so if wrong , pls don't mind. I'll give you exact matter tommorrow, pls remind once in this thread).

regards,
vin

Hi komal
Are you got the post?I dont.If you got please let me now the exact page.

Regards
VJAY

 

[KomaL2099]

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

Komal,

Check post #937 in 60min closed thread ( i am recalling from memory, so if wrong , pls don't mind. I'll give you exact matter tommorrow, pls remind once in this thread).

regards,
vin

HI Vin.
I didnt find it. tried a lot. Can you do me this favour pls?
Sorry to bother you.

 

[vinst]

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

For the reversal based on large bar against the trend, pls see posts on 28 July 2008

http: // rapid share. de / files / 41035435/ komal_enquiry. doc. html

remove blanks before using the above link which is from a document i maintained for this.

regards,
vin

 

[bandlab2]

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

SAR triggered in LT, RCAP. We are LONG now

 

[Satyen]

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

Hi Rakesh though feeling very very bad due to mother threads closer ..
but thanks for this thread

BELATED HAPPY BIRTH DAY DEAR SAINT


Regards
Satya

 

[beethoven]

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

Thank you Pakatil for the chart

Just to get things straightened out here:

1. People must be short (reversed from long) from 25th Nov first 5 min bar low - room.
2. Did you switch to new series i.e., dec series in this reversal?
3. If not, then nov series position would have expired.
4. How are you planning to re-enter?
5. If big gap then 5 min bar strategy will come into play
6. If normal opening or small gap, go short on a pull back?
7. SAR is at last bar hi + room of Nov 26.

Aban players please comment? Any errors in my observations above?

Would like to discuss this expiry and re-entry into the flow for all futures in general also.

Guess this was discussed at length in 60 min main thread by many and Saint had given many comments on how to play this in last days of the series - including some ideas as to keep watching the current series and change position in next series. Would love to read those posts again if someone could point me to those posts in that vast thread - I tried but could not find.

Thanks for all your support - great to be with some good friends here

Bee

No one answered. Guess I will wait for a pivot break to enter that is the safest way. Was not very comfortable with first 5 min bar rule - do not even know if that is applicable to enter with new series.

Bee