Going With The 60min Flow!!!

[pakatil]

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

dear rakesh
I have a little bit doubt,most of them are short in NF clearly below 2726- filter,some even still long.my question is ur self & pakatil are short right from 2779 - filter,please explain it.

srinishare,

I am short from 2726 - f, not from 2779....

Indeed there is a PL @ 2768 on 30 Min chart. Was tempted, but didn't want to go against my set rules. Wish, I had done it...

Cheers

 

[bandlab2]

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

Dear rakesh, since this is a education thread, it would be good if you can mention the rule name along with the trade. like pivot break, gap rule, WRB break out, sideway break out etc

btw, what is meant by aggressive pivot, major,minor pivot. i am following hand example

 

[KomaL2099]

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

L&T TRADES FOR THE WEEK 1-5 DEC 08

Trade 1:
SHORT 728 STOP 757
ADD 722 STOP 750
ADD 701 STOP 729
ADD 676 STOP 691

OUT ALL 693

GAIN: 43 POINTS (LESS FILTER SPACE*4)


Trade 2:
LONG 693 STOP 673
ADD 701 STOP 675
ADD 716 STOP 688
ADD 722 STOP 694
CURRENT STOP………

rakesh
Dont agree with you on LT.
Current position is short at breaking 735.35-filter(black line in the chart) with SAR now at 744+f(red line in the chart)

Why are you Long?????

Perhaps you are using a different filter ??? what is that ???

Anyone who is short in LT

 

[rkpahwa]

Re: Live discussion Saint's - 60 minute flow

Main nahee hoo senior,par trade karta hoon Jaypee
isee liye kah raha hoon main nahee hoon happy.

Main to abhee bhee hoon long
ab confused hoon,sahee hoon yaa wrong!

Short ho jaata main bhee
Agar tootata 4 taareekh 2 baje kaa lo
Main kyaa chal diya galat disha in flow?
Samajh aaya thaa lagega Two Bar Funda
Ab kaheen Market loss kaa mare naa Danda!

Main nahee hoo senior,par trade karta hoon Jaypee
confused thaa ab tak main bhi nahi nahee thaa happy.

Main to ab bhai ho gaya hoon SHORT
Lagtaa hai kabhi kharraa, kabhi kahin khot

Short honaa thaa mujhe bhee
Agar tootata 4 taareekh 2 baje kaa low
Mein kyaa chal diya galat "disha" yaa "flow"?
Samajhaa mein bhi thaa lagega "Two Bar Funda"
Ab dekhte hein.....
Market loss kaa, Kisko maaregi Dandaa ??!



regards

 

[KomaL2099]

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

JP ASS TRADES FOR THE WEEK 1-5 DEC 08
Trade 1:
SHORT 57.45 STOP 61.05

OUT ALL 56.25

GAIN: 1.2 POINTS (LESS FILTER SPACE)


Trade 2:
LONG 56.25 STOP 52.75
ADD 59.10 STOP 54.00
ADD 60.80 STOP 58.50
ADD 62.50 STOP 58.50

OUT ALL 68.60

GAIN: 35.75 POINTS (LESS FILTER SPACE)


Trade 3:
SHORT 68.6 STOP 72.65
ADD 66.50 STOP 69.7
CURRENT STOP………

Last trade Short could be trigerred little early at 69.8. Aggressive pivot same as you applied for Nifty.
Why a different rule over here.??

Completely agree on HDIL, NIFTY and ABAN.

 

[Pattel]

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

NIFTY TRADES FOR THE WEEK 1-5 DEC 08

Trade 1: SHORT 2796 STOP 2843
ADD 2738 STOP 2827
ADD 2690 STOP 2757
ADD 2587 STOP 2610
OUT ALL 2621

GAIN: 327 POINTS (LESS FILTER SPACE*4)

Trade 2: LONG 2621 STOP 2566
ADD 2671 STOP 2602
ADD 2711 STOP 2658
ADD 2733 STOP 2688

OUT ALL 2769

GAIN: 340 POINTS (LESS FILTER SPACE*4)

Trade 3: SHORT 2769 STOP 2820
ADD 2736 STOP 2806
ADD 2726 STOP ------

Ditto except i skipped some adds, of course different filter. With you on Lnt.

My other trades with suzlon and relcap still long. can post charts if anyone interested.

Good work Rakesh on posting charts! sorry to jump the gun, we were half way through the weekend, right

 

[beethoven]

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

NIFTY TRADES FOR THE WEEK 1-5 DEC 08

Trade 1: SHORT 2796 STOP 2843
ADD 2738 STOP 2827
ADD 2690 STOP 2757
ADD 2587 STOP 2610
OUT ALL 2621

GAIN: 327 POINTS (LESS FILTER SPACE*4)

Trade 2: LONG 2621 STOP 2566
ADD 2671 STOP 2602
ADD 2711 STOP 2658
ADD 2733 STOP 2688

OUT ALL 2769

GAIN: 340 POINTS (LESS FILTER SPACE*4)

Trade 3: SHORT 2769 STOP 2820
ADD 2736 STOP 2806
ADD 2726 STOP ------

[/QUOTE]

Great work Rakesh. Thankyou.

Have only one doubt. Trade 3 - what was the rational behind going short at 2769 less room? Does not look like a pivot to me? or is it?

In trade 1 adds at break of every down bar it very interesting. Seems like application of ideas of WRB from "Teach a man..." as this is not as per Saint's rules.Quoting Saint's add's rule "Where are the ADD points?Pivot points,in a WRB breakdown---below the breakdown bar."

Seems like majority here are comfortable with one bar pivots i.e., in a series of bars in down move even if one bar makes a higher low then the preceding bar is taken as a pivot to act on.

Guess I will have to go thru 60 min flow now post by post again as I think I am having a very different view then what you people are seeing.:(

Bee

 

[niftychance]

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

Thanks Rakesh for the trades and charts ...

 

[Muktha]

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

Rakesh Sir,

Thanks for the trades and charts. It would be very much helpful if you can mention the rule applied for SAR (2 bar rule, Gap rule, sideways consolidation etc.)

Regards

Muktha

 

[bandlab2]

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

ABAN TRADES FOR THE WEEK 1-5 DEC 08

Trade 1:
SHORT 696 STOP 714
ADD 658 STOP 688
ADD 646 STOP 664

OUT ALL 616

GAIN: 152 POINTS (LESS FILTER SPACE*3)

Trade 2:
LONG 616 STOP 603
ADD 630 STOP 603
ADD 655 STOP 623
ADD 667 STOP 653
ADD 681 STOP 658
CURRENT STOP

Hi Rakesh,

I did not understand the reason for going short on trade 1. is it ggressive pivot ? if so same rule should have been applie on 3rd also and reversed it to short. can you explain a bit ?

btw, these charts are very useful and i am hoping this weekly discussion will help us trade better in coming weeks

thanks a lot