Going With The 60min Flow!!!

[KomaL2099]

Unable to upload the chart. But on 29th there was a gap up. 5min high as per my chart is 734. Next bar 11 am high is 765. Wonder why SAR was not taken here. Gap room is 25, I think in case of Aban. Also the last Pivot (SAR was 730+20 on 27th).Hope am conveying things coherently here. Thanks
Bee

5MIN high as per my chart is 741 and aplying gap rule the SAR was changed to 741+25 = 766 which did not triggered . Also the 11am high on my chart is 756.
I am not in current trade looking for fresh entry.

 

[Satyen]

Wishing everyone here a HAPPY DEEPAVALI.May this year bring you and your families great happiness,prosperity and success with great health.

All the best!!
Saint

Thanks Dear Saint .......and wish you and other friends over here a "HAPPY DEWALI "


Regards
Satya

 

[beethoven]

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Then my charts are erroneous. will have to check this with sharekhan as rest of you guys are having diff data.

Thanks Komal

Bee

 

[SamFisher]

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Then my charts are erroneous. will have to check this with sharekhan as rest of you guys are having diff data.

Thanks Komal

Bee

Bee,
I do not know what is the real issue you guys are discussing...
But just want to point out something(which you might already know if so ignore this post)
At the of expiry at sharekhan you would loose the last months charts. What you are seeing in the continueous chart is say 'NOV' charts

In 60 min trading you are supposed to use OCT and NOV charts side by side to get smooth movement.
Its like you always use current month's chart

 

[beethoven]

Bee,
I do not know what is the real issue you guys are discussing...
But just want to point out something(which you might already know if so ignore this post)
At the of expiry at sharekhan you would loose the last months charts. What you are seeing in the continueous chart is say 'NOV' charts

In 60 min trading you are supposed to use OCT and NOV charts side by side to get smooth movement.
Its like you always use current month's chart

Thanks Sam. I overlooked this point. Just was looking at Aban afresh today to trade this from now on (till now I was not trading anything except nifty fut) and was wondering why people are still short. Anyway Komal and MJ have clarified.

 

[tanewbie]

Current Position Of NIFTY in thread

Position Start Date: 31-OCT-2008
Short Since : 2843
Stop Loss:2949 + 15 = 2964
Profit/Loss in Current Trade = 2964-2843= -121

We change our Position to Long if NIFTY Trades abv :2964

 

[Saint]

Current Position Of NIFTY in thread

Position Start Date: 31-OCT-2008
Short Since : 2843
Stop Loss:2949 + 15 = 2964
Profit/Loss in Current Trade = 2964-2843= -121

We change our Position to Long if NIFTY Trades abv :2964

We've been missing your posts and charts,Tane.......welcome back.

Saint

 

[faith]

Hi any one trading in commodities according to 60 min flow.
Can some give link for IEOD data for backtesting.

regards
faith

 

[inspire]

Dear Saint, Seniors -
Could we have used the failed breakdown yesterday to again go long above the 3pm bar with the new SAR which also got established?
Reason is , we were already long and had a gap in our view, Gap was taken on the high (all bullish uptil now) .....

And then the dreaded WRB Breakdown, so the short.
All fine uptil now..... But then again a failed breakdown, And a move up at 3pm (Bullish Candle). At this point in time (completion of 3pm bar) , we can visualize that if the 3pm bar is taken on the high we will form a clean pivot (low of 3pm). (at 2775).

In order to capitalize this clear visual pivot, (concept wise)..... can we go long above the 3pm bar +filter (2836+14) (albeit light) and then add further when the 2949+14 gets taken (if at all).....

Will appreciate your thoughts .......

Regards
Inspire.

 

[beethoven]

Dear Saint, Seniors -
Could we have used the failed breakdown yesterday to again go long above the 3pm bar with the new SAR which also got established?
Reason is , we were already long and had a gap in our view, Gap was taken on the high (all bullish uptil now) .....

And then the dreaded WRB Breakdown, so the short.
All fine uptil now..... But then again a failed breakdown, And a move up at 3pm (Bullish Candle). At this point in time (completion of 3pm bar) , we can visualize that if the 3pm bar is taken on the high we will form a clean pivot (low of 3pm). (at 2775).

In order to capitalize this clear visual pivot, (concept wise)..... can we go long above the 3pm bar +filter (2836+14) (albeit light) and then add further when the 2949+14 gets taken (if at all).....

Will appreciate your thoughts .......

Regards
Inspire.

I think you are mixing up discussions on the miniflow thread here. Here it is pure PIVOT play. We only change position when a VISUAL PIVOT breaks + room, nowhere else. The importance of pivot is paramount.Even in the latest gap rules also we wait for pivot to form before taking action. Pivots! Pivots!! Pivots!!! only.
Bee