Going With The 60min Flow!!!

[senty]

Re: Live discussion Saint's - 60 minute flow

Hi Satya....


i think it wold be a danger thing to post chart of current trade. no doubt people will gain from that. but for culprits it would be easier to track us. because after all, i dont think anyone can have filter of more thn 30pts.

thts only my view. as a senior u understand batter. so u might have ur own reasons to help newbies

kripal

Hi rkripal,

I grew up learning [ or started learning ] 60 min trade by seeing Satya's charts...
Am really happy to see Satya posting charts again. Since the hits to this thread is pretty low, I think there is no harm in posting the charts. It will help newbies a lot or atleast make them to start learning such a good method. Just my view. Will abide to the overall consensus. .

 

[vinst]

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.

Komal,

this was tackled by saint by saying such movement in SL will happen for 2-3 time (max) in succession, no more. total may be 1% move in SL against our position. He didn't ask to avoid this revision.

regards,
vin

 

[debdeeps]

Re: Live discussion Saint's - 60 minute flow

Dear All recently we had a discussion that operators may trap retail traders like us .....was it the case shown in above chart ???
Then after hiting low of that day it moved up now if we suspect it a trap then we must closely watch the range ... break out of upperside should be given decent nifty points as operator new the direction few days back ....

May be completely wrong but after so much talk about trap etc these things comming to mind


Regards
Satya

IMO, It's not a trap, Nifty perfectly moving withing the Support Resistance. If you see the post of dear Satyajitda in Nifty Future Trading Positional, you will find that Nifty is perfectly bouncing from the Resistance and support levels. Infact this effort helps newbies to learn the method well and do less mistakes.

 

[niftytrader2]

Re: Live discussion Saint's - 60 minute flow

Could some senoir pls walk through the updation of SL for the day. As of ystdy SL was 2602-filter.

Today after first bar, did SL move to 2644-filter ?
And subsequently what was the chain of the moves.

thanks in anticipation

 

[debdeeps]

Re: Live discussion Saint's - 60 minute flow

Could some senoir pls walk through the updation of SL for the day. As of ystdy SL was 2602-filter.

Today after first bar, did SL move to 2644-filter ?
And subsequently what was the chain of the moves.

thanks in anticipation

See the post of Satya.
http://www.traderji.com/equities/25356-live-discussion-saints-60-minute-flow.html#post258000

 

[sikandar]

Re: Live discussion Saint's - 60 minute flow

Dear All recently we had a discussion that operators may trap retail traders like us .....was it the case shown in above chart ???
Then after hiting low of that day it moved up now if we suspect it a trap then we must closely watch the range ... break out of upperside should be given decent nifty points as operator new the direction few days back ....

May be completely wrong but after so much talk about trap etc these things comming to mind


Regards
Satya

Hi satya
Even though it is a trap we are saved by our filter.

 

[rkkarnani]

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.

Komal, This had happened in actual trades in last few months, where our SAR was moved adverse to our Postion! Its rare but does occur. You may find discussion on it in the parent thread.

 

[myvineet]

Re: Live discussion Saint's - 60 minute flow

Hi Satya....


i think it wold be a danger thing to post chart of current trade. no doubt people will gain from that. but for culprits it would be easier to track us. because after all, i dont think anyone can have filter of more thn 30pts.

thts only my view. as a senior u understand batter. so u might have ur own reasons to help newbies

kripal

i certainly don't think that there is any harm in this .. first of all a person may or may not agree with satyen's view & secondly every body has different filter now

moving market only to get our stoploss is not that easy yaar

vineet

 

[rkkarnani]

Re: Live discussion Saint's - 60 minute flow

I am keeping my fingers crossed. Hope they see it logically. These two are cash cows for the Govt. SEBI will not easily disturb them -- I fervently hope!!!!

Bee

Bee, As per norms inplace the lot size should be approximate worth Rs.2/-lakh. In the circular they have not named Nifty.
Bank Nifty revised from 25 to 50
Junior Nifty revised from 25 to 100
Nifty Midcap revised from 75 to 300

 

[Satyen]

Re: Live discussion Saint's - 60 minute flow

Hi Satya....


i think it wold be a danger thing to post chart of current trade. no doubt people will gain from that. but for culprits it would be easier to track us. because after all, i dont think anyone can have filter of more thn 30pts.

thts only my view. as a senior u understand batter. so u might have ur own reasons to help newbies

kripal

Hi Kripal i seriously not a senior wanted to learn different views but without discusion interact how can we do that that is the reason i am posting ..... if people find its bad to post charts then i have no problem to quit posting charts..........

Again we all are saying operators watching us etc and they will trap us by moving market by manipulation but i think market is not so small that few operators can do it very often ......
lets say they do it if we can find that they are doing this then we can make some strategies to handle it in more profitable way ...............
like if market operators know market will move up they will trap us by moving down the market and we hit our stop loss but imediately they will make market to move up i think this second move which they knew before trap us will have to be larger one coz i dont think they will play all tose trap game for little gain

If this is what the situation then we can buy with more confidence even can take little bit extra risk as we know move will be great one

Then got the work to see how market behaves after a failed break out ... or some time break outs of pivots but not filter ....... if we find some thing interesting then great ..... we can include this type of moves in our sure shot pivot break dictionary ...........


Thanks friend for your views

Regards
Satya