Going With The 60min Flow!!!

[Reji]

Re: Live discussion Saint's - 60 minute flow

nO need to wait until 3:30.
Our SAR today was shifted to 2612-filter 11 AM bar.
3PM bar breached previous PL(made a low of 2602) but did not take our SAR. So on completion of that bar SAR automatically changed to NEW LOW- filter.
See if 3:30 bar breaches New Low-Filter it calls for reversal.

Hi Komal,

I'm slightly confused about SAR. I'm under the impression that one can modify the SAR, upon breakout / breakdown. Till now no breakout. Hence the SAR of NF short still stands at 2574-room the low 2:00 PM / 3:00 PM bars on 2nd Dec. An extract from Saint is attached.

REVERSAL POINTS:---

A.PIVOTS:-Let us talk shorts,as the case is always to talk in terms of longs........Lower Pivot Highs and Lows,.........every breakdown to new lows is an opportunity to bring stops down to the latest pivot high.Keep doing this till a previous pivot high is broken.A break of that pivot high and we exit all positions---initial +3adds---and enter initial positions long.Very simple.......There are a few amongst us who would say that pivot identification is difficult.It's as simple as it looks.........just focus on 2 things:a.visual b.new lows,then move stops(in most cases).REVERSAL is Rs 15 below the previous pivot low

Regards

Reji

 

[pakatil]

Re: Live discussion Saint's - 60 minute flow

Hi Vijay,

Something wrong with your chart. Yesterday was a gap down opening in NF. A pivot high formed at 11:00 AM. Most of the traders might have gone above 11:00 AM high + filter.

Reji

reji,

This chart was not looking like this during trading hours. First bar was dropping from the top and hence visual gap was not seen. This anamoly has been corrected after EOD..

Vijay,..

After sideways movement of first 5 bars, Bar 2 (11 AM) high could have been taken as SAR. Now the corrected chart has also confirmed that.

Cheers

 

[Reji]

Re: Live discussion Saint's - 60 minute flow

reji,

This chart was not looking like this during trading hours. First bar was dropping from the top and hence visual gap was not seen. This anamoly has been corrected after EOD..

Vijay,..

After sideways movement of first 5 bars, Bar 2 (11 AM) high could have been taken as SAR. Now the corrected chart has also confirmed that.

Cheers

Hi Pakatil,

This error was immediately rectified in I-charts, once re-logged in.

Regards

Reji

 

[pakatil]

Re: Live discussion Saint's - 60 minute flow

Hi Pakatil,

This error was immediately rectified in I-charts, once re-logged in.

Regards

Reji

Oh... I didn't re-log in. Err is mine..

BTW, I had Religare charts dipslaying correct info.

Anyways, thanks for correcting.

Cheers

 

[ANBE SHIVAM]

Re: Live discussion Saint's - 60 minute flow

dear trader friends
Good morning.I think we have seen some general concensus to not respond to harsh words of some people here.right.
So have a calm environment of good discussions.

 

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

RCAP we are long ith SAR at 418-room

SBI we SARed today to long at 1053.7 + room with new SAR at 1033-room

Bandlab
Where did you enter RCAP.
Agree on SBI.

 

[raj567]

Re: Live discussion Saint's - 60 minute flow

hello everyone
current position nf long
sar yesterday lod -fil

 

[beethoven]

Re: Live discussion Saint's - 60 minute flow

GM all

Is Satya around in this thread???

Hi Satya pl put up 5 day NF hourly chart. Makes a very interesting study with prices stopping at two distinct levels on the up as well as down. Will be fun to watch and play a breakout from these levels.

Bee

 

[KomaL2099]

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

Hello Saint
How are you.
can you please clear my doubt.
Suppose we are Short with PH at 2900 hence our SAR at 2900+30=2930.

Now the price goes upto 2910 (does not take our SAR).

CASE1---
After hitting 2910 price start moving down and 2910 becomes a new but a Higer PH.
In this case I move my SAR to 2910+30=2940.

CASE2
After hitting 2910 the next subsequent bar makes a new high.
Next bar makes high of 2920 again does not take our SAR.
In such case shall I keep moving my SAR.

I am asking this because in your new rules you have mentioned it only applies for Gap rule not for pivot and Bar2 Reversal.
But in a later post you have advised to move the SAR.
So can you please clear the doubt.

 

[uthuman]

Re: Live discussion Saint's - 60 minute flow

Thanks srini for starting this thread. Hope it will continue smoothly and will learn and earn together.
uthuman

----


Hai trader friends,seniors,juniors,window watchers & last benchers i welcome u all to this new thread for live discussion for 60 minute flow.The best method we all trade in.
Without discussions the thread seems to be boring and it does not seem to like a team work.
I request u all to have live discussion exchange ur ideas,but not fighting at each other.If u find others mocking, just dont reply them.let them be left alone.

with regards
Srini