Going With The 60min Flow!!!
- Thread starter Saint
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- Tags 60 minute discussion flow method nifty futures saint
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Re: Live discussion Saint's - 60 minute flow
Thank you Srini for posting your trades for the last 2 month.I use to get upset with loss of even 100 points but you people(GREAT SENIORS) have booked even much bigger loss. It shows your commitment to method. I might have abandoned the method if I would have lost so many points (With real money). Now my faith in the Method has gone up many fold. Putting your trade on desktop so that I will have faith in the method everytime I log on the computer. Really Saint Sir is Genius for developing such a wonderful system. Though I am new and doing papertrade only in this and mini still your record has boosted my spirit.
Request other seniors also to put their trade occasionally for the benefit of juniors.
No my friend just follow the flow ( very important ).tomorrow is holiday,if US Market is not good tomorow,then if there is a gap down on wednesday.u will be opposite to flow.
check this : my 2 month trade(some trades may be not exact),
u have neat profit (only when u take some loss).
check this : my 2 month trade(some trades may be not exact),
u have neat profit (only when u take some loss).
Request other seniors also to put their trade occasionally for the benefit of juniors.
Re: Live discussion Saint's - 60 minute flow
Hi rkkarnani,
Pl be aware i am a newbie in this strategy. after your last trade, there was a PH at 1174 on 2 pm ba 5th dec which was broken in todays opening bar, so i am long at 1174+room. now sar is 1150-room
Bandlab, I am trading SBI, but our trades do not match!
December trades. (I exit on derivative close and reenter)
01. 01 Dec 08 : Short below 28Nov 2 PM bar low
02. 02 Dec 08 : I had gone long at high of 10 AM bar+filter. (Exited part at 100 points profit)
03. 05 Dec 08 : Reversed below 12 Noon bar. (2 bar funda/congesation)
My SAR is at todays high plus filter.
Please point out the errors I am making.
December trades. (I exit on derivative close and reenter)
01. 01 Dec 08 : Short below 28Nov 2 PM bar low
02. 02 Dec 08 : I had gone long at high of 10 AM bar+filter. (Exited part at 100 points profit)
03. 05 Dec 08 : Reversed below 12 Noon bar. (2 bar funda/congesation)
My SAR is at todays high plus filter.
Please point out the errors I am making.
Pl be aware i am a newbie in this strategy. after your last trade, there was a PH at 1174 on 2 pm ba 5th dec which was broken in todays opening bar, so i am long at 1174+room. now sar is 1150-room
Re: 60min Flow Trades for the Week: Saint's Method
Bee,
Correct, all that we do has been clearly mentioned by Saint in few of his threads. Guess, as we grow old in the method.....a change in gears is immenent. A few more things to learn here....will do so as we go along.
And thanks for your kind words......credit is all Saint's. Had never even looked at 60min charts before interacting with the great man.
Now coming to your request of posting charts mid-week too. Can do it, but would request that we dontt have a bombardment of questions.....and also no direct questions about present levels etc. You know what I mean.
Thanks,
Rakesh
Friends,
Any serious student of 60 min should go thru the mother thread post by post again because we have now gained some knowledge and are now in a position to better understand many innocuous looking statements of Saint and study his charts carefully. Many things will become clear, many new things will emerge.
I have undertaken this task and found a post where Saint had said something about adds on every 60 min on a big downturn like Rakesh did for NF in last week's trades. I wondered how and why he did that.
Page 104, post 1040:
"Adding is always is the key.....basically taking the old adages:Cut your losses,and let your profits run ....and.....Add only to winning positions.
Add RK as always above a previous pivot high,add when you get a gap up,and takes out the 5min high,add to strong fall,every 60min bar.........same stuff.
Saint "]
No wonder Saint gave the mantle of teaching us to Rakesh who is an ace fighter pilot as well as an Ace student of Saint.
Bee
Any serious student of 60 min should go thru the mother thread post by post again because we have now gained some knowledge and are now in a position to better understand many innocuous looking statements of Saint and study his charts carefully. Many things will become clear, many new things will emerge.
I have undertaken this task and found a post where Saint had said something about adds on every 60 min on a big downturn like Rakesh did for NF in last week's trades. I wondered how and why he did that.
Page 104, post 1040:
"Adding is always is the key.....basically taking the old adages:Cut your losses,and let your profits run ....and.....Add only to winning positions.
Add RK as always above a previous pivot high,add when you get a gap up,and takes out the 5min high,add to strong fall,every 60min bar.........same stuff.
Saint "]
No wonder Saint gave the mantle of teaching us to Rakesh who is an ace fighter pilot as well as an Ace student of Saint
.Bee
Correct, all that we do has been clearly mentioned by Saint in few of his threads. Guess, as we grow old in the method.....a change in gears is immenent. A few more things to learn here....will do so as we go along.
And thanks for your kind words......credit is all Saint's. Had never even looked at 60min charts before interacting with the great man.
Now coming to your request of posting charts mid-week too. Can do it, but would request that we dontt have a bombardment of questions.....and also no direct questions about present levels etc. You know what I mean.
Thanks,
Rakesh
Re: 60min Flow Trades for the Week: Saint's Method
Simple,
Went through the chart you posted. The ones marked are correct..though a lot more pivots are missing.
I am still unable to understand the idea of doing that exercise....better would have been to mark all trades instead of pivots in the chart. Let me know if I can be of any help there.
Simple,
Went through the chart you posted. The ones marked are correct..though a lot more pivots are missing.
I am still unable to understand the idea of doing that exercise....better would have been to mark all trades instead of pivots in the chart. Let me know if I can be of any help there.
Re: 60min Flow Trades for the Week: Saint's Method
Simple,
No direct questions please....there is a discussion thread for 60min trades, your question would be better addressed there.
Anyways, yes we are short.....though from a higher level than mentioned by you....but lets not discuss that till the weekend.
Rakesh
Simple,
No direct questions please....there is a discussion thread for 60min trades, your question would be better addressed there.
Anyways, yes we are short.....though from a higher level than mentioned by you....but lets not discuss that till the weekend.
Rakesh
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