Going With The 60min Flow!!!

[Pattel]

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

PS --- Smart trade your LT and ABAN charts are somewhat different. You have only 6 bars per day.
RCAP and Nifty are OK. 7 bars per day.

Komal,
I did consider that as a pivot(a minor and applied a wider filter or 5 min bar filter) but the 12noon bar didn't hit my SAR and hence moved it to high of WRB next bar didn't take the normal filter and by that time the SAR is almost same as previous pivot and hence reversed there. Probably different filters made different trades i believe.

 

[Smart_trade]

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

PS --- Smart trade your LT and ABAN charts are somewhat different. You have only 6 bars per day.
RCAP and Nifty are OK. 7 bars per day.

Thanks for pointing 6 bars problem out,Komal .Checked and found that charting parameters got changed in my charting software for these two scrips.It was not showing 10:00 bar as first bar separately but was combining with 11:00 bar. Got it fixed at my end. Very much appreciate your keen eye for details. Thanks again.

Regarding considering 10:00 bar as PH for reversal,not too sure whether I can call it PH because I need its high to be higher than the earlier bar or I need few more sideways bars to call it sideways bars PH. Both not present.It is an inside bar. If you consider 10:00 bar as PH,all inside bars will be pivots.

My views of course, may not be correct as I am also learning like all of us here and verymuch prone to making mistakes.

Best Wishes,

Smart_trade

 

[KomaL2099]

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

Thanks for pointing 6 bars problem out,Komal .Checked and found that charting parameters got changed in my charting software for these two scrips.It was not showing 10:00 bar as first bar separately but was combining with 11:00 bar. Got it fixed at my end. Very much appreciate your keen eye for details. Thanks again.

Regarding considering 10:00 bar as PH for reversal,not too sure whether I can call it PH because I need its high to be higher than the earlier bar or I need few more sideways bars to call it sideways bars PH. Both not present.It is an inside bar. If you consider 10:00 bar as PH,all inside bars will be pivots.

My views of course, may not be correct as I am also learning like all of us here and verymuch prone to making mistakes.

Best Wishes,

Smart_trade

Can only say to read post number 17 page 2 trade 3 reversal.

http://www.traderji.com/equities/25237-60min-flow-trades-week-saints-method-2.html#post256071

 

[nilaish]

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

Dear Smart_Trade,
Thanks for the charts, everything understood on Nifty charts. I have question on nifty chart posted by Rakesh sir for week 8 to 12 dec. on 8 dec we go long above opening bar. this entry triggered on 2 pm bar. why we reversed to short on 3 pm bar? was SL was low of WRB or pivot low made on 12 noon bar?

other than this I am cleared of all the trades for december in nifty ? studying stocks trades. will ask if something dont understand.

nilaish

NIFTY 60MIN FLOW: 8 TO 12 DEC 08

 

[magnanimous]

Re: Live discussion Saint's - 60 minute flow

Hi Friends, can anyone guide me that how to track FII's & Mutual Fund's actions...

~ Long Live Traderji ~

 

[nilaish]

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

Posting the DLF chart for last week with trades in 60 min marked on it. Seniors plz confirm whether my understanding is correct or not?

[/URL]

[/IMG]

Nilaish

 

[Smart_trade]

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

Dear Smart_Trade,
Thanks for the charts, everything understood on Nifty charts. I have question on nifty chart posted by Rakesh sir for week 8 to 12 dec. on 8 dec we go long above opening bar. this entry triggered on 2 pm bar. why we reversed to short on 3 pm bar? was SL was low of WRB or pivot low made on 12 noon bar?

other than this I am cleared of all the trades for december in nifty ? studying stocks trades. will ask if something dont understand.

nilaish

Dear nilaish,

We reversed to short in 3 pm bar as the complete white WRB of 2 pm was negated.So we go short below the low of WRB at 2 pm. Pivot low is further down. We are reversing at low of 2 pm WRB.

Best Wishes,

Smart_trade

 

[Smart_trade]

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

Posting the DLF chart for last week with trades in 60 min marked on it. Seniors plz confirm whether my understanding is correct or not?

[/URL]

[/IMG]

Nilaish

Add 1 in the down move could have been earlier below the low of 3:00 candle on 15 (this trade triggered on 16 probably in 1:00 pm bar ))

In upmove could not understand add 2 on 18 above the dotted blue line.On 18,reversal to long could have been on the high of black WRB.Need not wait till PH to get taken out.

Rest trades fine.

Smart_trade

 

[myvineet]

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

ST, i had a query about trade on 15-12..we had a gap up & 11 .00 bar was a sideways but 12.00 tries to go up, but the upmove failed & it comeback braking day's low ..now can the low of 10.00 bar be the pivot low at that time?

the brake down bar doesn't brake filter but if it brake the filter , should we reverse short at that ?

regards & thanx...

vineet

 

[nilaish]

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

Dear nilaish,

We reversed to short in 3 pm bar as the complete white WRB of 2 pm was negated.So we go short below the low of WRB at 2 pm. Pivot low is further down. We are reversing at low of 2 pm WRB.

Best Wishes,

Smart_trade

Thanks. understood now.

Add 1 in the down move could have been earlier below the low of 3:00 candle on 15 (this trade triggered on 16 probably in 1:00 pm bar ))

In upmove could not understand add 2 on 18 above the dotted blue line.On 18,reversal to long could have been on the high of black WRB.Need not wait till PH to get taken out.

Rest trades fine.

Smart_trade

you are right about Add 1 in short trade and Add 2 in long trade because i think it made new high.

Also now I am able to see the importance of WRB as u said long could have been triggered on the high of black WRB and no need to wait till PH taken out.
Thanks a lot again

Nilaish