Mistakes I made in the Flow Method

[chiruvyapari]

Chiruvyapari,

Couldn't understand what you tried to tell in the above post.

Hari.

1. we are trading 30 minutes candle so, dont look at 5 minute candles. see 30 minute charts. you can see 15 minutes charts upto 11AM only that too for shifting SAR only.

2. 10 AM candle - 2687/2676 - LONG @ 2687+14=2701 or SHORT @ 2676-14=2662. so, your short should have been triggered before 10.30.

3. you should rise your entry point to the high + filter(moving filter) upto the time of your entry (for longs). i.e., if, before 10.30 AM the price did not rise upto 2701, but the high is 2790( for example), your new entry point should be 2790+ filter. Vice versa for shorts.

4. The filter is no longer 14. no more adhering to the 14 as per discussions on 20th Nov. in 60min. Flow thread.

I have posted the relevant quotes in the above post for your ready reference.


hope I am clear now.

 

[chiruvyapari]

30Min
Bar1: 2687/2676 - entry upto 10.30 AM - LONG @ 2687+14=2701 or SHORT @ 2676-14=2662

Bar2: 2685/2662 - if your short was not triggered at 2662, then your new entry levels, for trade upto 11AM, will be, LONG @ 2687+14=2701 or SHORT @ 2662-14=2648

Bar3: 2666/2645 - atleast your shorts should have been triggered here and your SAR shall be 2687+ filter. ie 2694.


hope I am clear.

 

[orderflow13]

MOVING FILTER

First Move, Second Move.



Summarizing today's trade, don't know its trueplease comment.

9:55AM
Looked at 5 min till 10:10
Move 1 so Moving filter is 14.
Bar1: 2687/2676 - LONG @ 2687+14=2701 or SHORT @ 2676-14=2662
Bar2: 2685/2672 - Not triggered any trades. Now LONG @ 2685+7=2692 or SHORT @ 2672-14=2658
After formation of Bar2 moving filter for long shifted to 7 and short still remains at 14 (If long is triggering that will be a move against the first bar and second bar flow so its Move2 and for Move2 moving filter is 7).
Bar3: 2678/2670 - Not triggered any trades. Shifting to 15/20 min from 10:10

15Min
Bar1: 2687/2676 - This time watched 5 min charts
Bar2: 2687/2670 - Now LONG @ 2687+14=2702 or SHORT @ 2670-14=2656
Moving SAR of 7 is not considering as the Bar1 and Bar 2 are with almost same HIGHS/open/close.
Bar3: 2683/2662 - Not triggered any trades. Now LONG @ 2683+7=2690 or SHORT @ 2662-14=2648
Again, after formation of Bar3 moving filter for long shifted to 7 and short still remains at 14 (If long is triggering that will be a move against the first bar and second bar flow so its Move2 and for Move2 moving filter is 7).
Bar4: 2666/2655 - Not triggered any trades. Now LONG @ 2666+7=2673 or SHORT @ 2662-14=2648
Bar5: 2659/2645 - Not triggered any trades. Shifting to 30 min from 11:00

30Min
Bar1: 2687/2676 - This time watched 5 min charts
Bar2: 2685/2662 - This time watched 15 min charts
Bar3: 2666/2645 - Now LONG @ 2666+7(if happened it'll be Move2 )=2673 or SHORT @ 2645-14=2631
Bar4: 2683/2647 - LONG triggered @ 2666+7=2673. Here I entered long with SAR as LOD-7 and booked profits around 2760 levels.

I don't know whether its as wrong or righthave confusions
Requesting you to review and comment.

Thank you.
Hari.

Hari ,
By my understanding if our first entry never trigger then there is no need to strain our brain n scan for 15 min, even its first hour of trade.Just happily see 30 min bars and use them as moving filters, and take first entry as a break out of last 30 min bar with room.Another thing i dont even stress my mind for filter of 7 or 14, anyhow its difference of 7 point so i go by safer side and use higher filters by old rules its 14.
Logic is very simple, first entry must be backed by convincing breakout of prev respectable bar which indicates we in a move.
In ur post there is slight confusion on high low levels of bars, for most guys 1 st bar = h 2687 & l 2676, 2nd bar h 2690 l 2660... so by old rules of filter their entry triggered on second bar.

 

[poojakamal]

Can any one give me reply of my questions related to stock market?

 

[sun7j]

hello............!

i m new

 

[pleaseharsh]

Re: hello............!

alex or anyone who has completely understand moving filter & sar...
i have mention one of the scenerio with levels..can u pls explain put
how we will be moving filters(assume filter is 14) & sar & move 1,move 2 ?..just bar by bar simulation (dont worry abt pivots and all)

[/URL][/IMG]

 

[TFL]

Re: hello............!

i m new

Thank you for your nice explanation alex.

If the 30m bars where like below how you look at the trades in the below 2 cases?

CASE 1:
30Min
Bar1: 2687/2677 [Will we need to consider this as a 30 min bar as its not 30 min( 9:55-10:00)?]
Bar2: 2685/2662 No longs/shorts
Bar3: 2666/2645 Short triggered. (2662-14=2648)
Bar4: 2683/2647 SAR hit and now long isn't it? (2666+7=2673)

CASE 2:
30Min
Bar1: 2687/2677
Bar2: 2685/2662 No longs/shorts
Bar3: 2666/2649 No longs/shorts
Bar4: 2683/2647 Long triggered, isn't it? (2666+7/14=2673/2680)

How you are looking at these two cases alex/others?

Hari.

 

[pleaseharsh]

arey sorry sun7j ....by mistake quoted you...
the querry is put on by me....sorry once again sun7j

 

[TFL]

Re: hello............!

alex or anyone who has completely understand moving filter & sar...
i have mention one of the scenerio with levels..can u pls explain put
how we will be moving filters(assume filter is 14) & sar & move 1,move 2 ?..just bar by bar simulation (dont worry abt pivots and all)

[/URL][/IMG]

BAR 1: 2640/2600 - L: 2640+14, S: 2600-14
BAR 2: 2630/2610 - Not triggered L/S. Now by moving filter L: 2630+14, S: 2610-14
BAR 3: 2620/2605 - Not triggered L/S. Now by moving filter L: 2620+14, S: 2605-14
BAR 4: 2615/2607 - Not triggered L/S. Now by moving filter L: 2615+14, S: 2607-14
BAR 5: 2625/2590 - Short Triggered: 2607-14=2593, SAR: High of entry bar, 2625+7
BAR 6: 2620/2580 - Remains in short.
BAR 7: 2635/2585 - SAR hit and we reversed at 2632. Now Long from 2632 with SAR: 2585-7
BAR 8: 2658/2590 - Remains Long.

Here the Move1/2 is not considering becasue the direction of the moves was not clear from the first bar onwards till short triggered.
This is my understanding. Not sure about the new things.

Hari.

 

[TFL]

Re: hello............!

Move 1, Move 2, Moving Filter.

Hari.