Going With The 60min Flow!!!

[niftychance]

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

Hello

If we choose the normal filter for ABAN as 8 or above, in this case we are getting new pivot highs, before the SAR is taken out, so no BO but we keep getting slightly higher pivot highs ...

So agreed that no clean break to longs, ABAN still Short but I did not understand what Komal meant by "PH formed are Above the PH formed on preceding Downtrend"

Thanks

 

[KomaL2099]

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

Komal,

Aban I am not trading Aban now but I would have taken a few more SARs while actually trading.

1. On 2/2/09, I would have gone short below 1 pm bar.
2. On 5/2/09, I would have shifted SAR to 3 pm bar hi
3. On 10/2/09, I would have shifted SAR to 3:30 pm bar hi
4. On 11/2/09, SAR at 12 noon bar hi, this would have resulted in going long

My view. Any particular reasons for not taking these SARs?

I have still to fully understand Saints two posts and the excellent charts put up by our friends here. Good to be back to our good old days of studying Saints posts.

Bee

Hello bee

1.On 2/2/09, I would have gone short below 1 pm bar.
I would have done so .. but the low of 1pm bar is 490 ans there was a PL nearby at 481. Hence I waited for pivot to be taken. Nothing wrong if you go short at 1pm bar low .. that too is as per rules.

2. On 5/2/09, I would have shifted SAR to 3 pm bar hi

I dont see it as a pivot high.

3. On 10/2/09, I would have shifted SAR to 3:30 pm bar hi
I would have shifted SAR to 3.30 pm bar high but not on 10 .. on 11th after
1st 5 min bar completed. didnt mention it in the charts.

4. On 11/2/09, SAR at 12 noon bar hi, this would have resulted in going long
you are right 12 noon bar high is PH but the filter saved us to take long.On 13/02/09 the bar failed to take the PH (11/2/09 12 noon bar) + f and price starts downward journey. we shift SAR to 13/02/09 11 AM BAR .. but again 13/02/09 2 PM bar failed to take PH+f.

Hope it will clear your doubt.

 

[beethoven]

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

Thanks Komal,

I do not have any doubts, I am pretty clear in my approach, I hope.

Just wanted to see your reasoning. Thanks again.

Bee

PS: NC has very clearly marked all PHs and PLs

 

[ANBE SHIVAM]

Re: Live discussion Saint's - 60 minute flow

Dear friends
We have been in this beautiful flow for almost a year.We all know each other but by only user name.
On this beautiful valentines day why cant we introduce ourself.

pls follow to this thread.

http://www.traderji.com/general-chit-chat/26611-60-minute-flow-members-introduction.html

 

[ANBE SHIVAM]

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

Dear friends
We have been in this beautiful flow for almost a year.We all know each other but by only user name.
On this beautiful valentines day why cant we introduce ourself.

pls follow to this thread.

http://www.traderji.com/general-chit-chat/26611-60-minute-flow-members-introduction.html

 

[faith]

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

is dis flag ??

know very less abt them...but i trade jp and saw this after gng long......long consolidations...low range bars,mild gradient,lower volumes....

neways....lot of charts to go through....will keep'em coming........


regards

neeraj

neeraj there should be straight up or down move before the formation of flag (just like we have a pole holding a flag) .In these flag the size of the pole is bit less ,only a single bar in both cases that also not a WRB.How much straight up or down move should be there before a flag? I think saint can tell us more.
faith

 

[milind2754]

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

this is aban cash chart. r these trades correct ?

 

[ThE HaMmEr]

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

neeraj there should be straight up or down move before the formation of flag (just like we have a pole holding a flag) .In these flag the size of the pole is bit less ,only a single bar in both cases that also not a WRB.How much straight up or down move should be there before a flag? I think saint can tell us more.
faith

i hav to study more...knw less.......

but friend 62 to 70 is more den 10 % move up........

will it not be counted big....

 

[faith]

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

i hav to study more...knw less.......

but friend 62 to 70 is more den 10 % move up........

will it not be counted big....

neeraj just started trading a few months back.still in kindergarten that too lower.Learning a lot from traderji.

As saint has said in his post "Important therefore to go through thousands of charts......all the above are words pointing to something...Don't get caught up in the web of definitions and words,....finally it's all about the charts,and how it plays itself out."

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[niftyrider]

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

this is aban cash chart. r these trades correct ?

if u have a filter of less than 8 points, then the trade is perfect,
But most of us doing more than filter of 8.

gr8 going.......