Going With The 60min Flow!!!

Saint · #**471** 1st July 2008, 11:22 AM

Quote:

Originally Posted by Saint

UPDATES:

ABAN :Holding 6x initial positions at an avg of 3432.......Exitted today on a break of 2 bar method stop at 3117.....+315pts,equivalent to 1890 pts.....Now long ABAN at 3117 2 lots again.

SESA:still short.

JP :Still short

GMR:exitted shorts(x2 initial positions) at 99,and reverted to longs......+18pts

Now,holding initial posn longs in ABAN and GMR,holding shorts in SESA ,JP(Near stops though)

Saint

Completed Trades:SESA Short=+115,ABAN short=+10,JP long=-10.8,SESA Long=+60,ABAN Long=-135,JP short=+25pts,SESA GOA short=+813pts,JP long=-14pts,SESA long=-96pts,SESA short -86pts,ABAN short=+1950pts,SESA long=+320 pts,ABAN long=+477pts,GMR long=-4pts,GMR short=+18pts,ABAN Short=+1890pts

UPDATES:

ABAN :Added to longs at 3161,avg 3139.Stopped and reversed at 3106..........-33,equivalent to -66pts on initial posn x 2.......Now short from 3106,reversal to long at 2925 as of now.

SESA:covered at 3402 on x4 positions.......+224 x 4=+896,........ long from 3402,sold at 3359....-43pts.Short from 3359......

JP :Still short from 175 on x4 initial position.........still short JP,reversal to long at 158.5

GMR:still short......reversal to long at 82.25.

Eyeing a few like UNITECH,BOI,etc.................have a look at the chart.Basically any chart that is smooth flowing,allows the pivots to work as long as possible,doesn't toss us around,helps us to go with the flow.

Completed Trades:SESA Short=+115,ABAN short=+10,JP long=-10.8,SESA Long=+60,ABAN Long=-135,JP short=+25pts,SESA GOA short=+813pts,JP long=-14pts,SESA long=-96pts,SESA short -86pts,ABAN short=+1950pts,SESA long=+320 pts,ABAN long=+477pts,GMR long=-4pts,GMR short=+18pts,ABAN Short=+1890pts,SESA short=+896pts,SESA long=-43pts,ABAN long=-66pts

All the best!
Happy Trading!
Saint

vinst · #**472** 1st July 2008, 12:20 PM

saint,

sesa long SL at 3320 ?
trying to learn
vin

Ank!t007 · #**473** 1st July 2008, 12:25 PM

Quote:

vinst,
sesa long SL at 3320 ?

Read the previous post

Quote:

Saint,
SESA:covered at 3402 on x4 positions.......+224 x 4=+896,........ long from 3402,sold at 3359....-43pts.Short from 3359......

Ankit

Satyen · #**474** 1st July 2008, 01:41 PM

Quote:

Originally Posted by milkyblack

Hi Satya,

Will do the backtesting, when get some time. Just looking at the 60 mins looks like profitable, though did not do any backtesting as such!
So you are still not taking live trade?

Regards

hi milky yes i do trading with 60 min pivots but not strictly as the rule here
even i skiped some long trade coz daily is in down trend etc etc

No what i was saying if we can post our charts for diffrent months with pivots then we can cross check where we go wrong and find out valid pivots and see if we trade for last 6 months then how much point we can have

Hope you can join ...... i have data from december 07 may be posting today evening a chart with pivots you please comment on that if possible then post a chart with pivots for the month of december 07

Regards
Satya

Satyen · #**475** 1st July 2008, 01:43 PM

Quote:

Originally Posted by rkkarnani

Hi Milky and Satya : A smll request, Can u please post a chart of June trades with the points where the trades were taken duly marked. Will help cleara few doubts!!! Also confirm whether any jiggling space has beenfactored in the results of June 2008!!?? Also check the SL figures seem to be wrongly typed, other than in first trade all other are reversal figures rather than the SL figure!!!
Thanks.
-R K Karnani
ps.: May be the charts were posted as and when the trades were initiated , but getting the entire picture at a go wud be much more helpful.

Dear RK
I will try to post a chart of june seriese with all trades taken today eveing

regards
Satya

Satyen · #**476** 1st July 2008, 01:56 PM

Quote:

Originally Posted by milkyblack

Hi Satya,

Will do the calculations ASAP, Sorry for that.
For now I am posting the trades we are in for this series.
Trade 1 on Friday, due to playing gaps -60 points, by the end of the Day we are short at 4127-
Point for reversal to longs 4108+

Regards

hi milky thank you for the trade i had a doubt about friday trading yes if we trade keeping days high as SL then its right we lost 60 points in first two trade but i was looking previous GAPS against trade and found even 5 min low broken and prev pivot as stop then its working fine but its not Saints recomended but if our trades are continius then most Gaps fall in line with the trade again Gaps Against trades will initiate a trend in other direction

that is why requested you to post charts from december and can finalise the rules and then send it to Saint for final aprove

Regrds
Satya

vinst · #**477** 1st July 2008, 02:13 PM

Quote:

Originally Posted by satya_pinku2003

hi milky thank you for the trade i had a doubt about friday trading yes if we trade keeping days high as SL then its right we lost 60 points in first two trade but i was looking previous GAPS against trade and found even 5 min low broken and prev pivot as stop then its working fine but its not Saints recomended but if our trades are continius then most Gaps fall in line with the trade again Gaps Against trades will initiate a trend in other direction

that is why requested you to post charts from december and can finalise the rules and then send it to Saint for final aprove

Regrds
Satya

satya,
bhai can u re-post by breaking the lrage paragraph in to sentences. I confused myself !!

regards,
vin

Saint · #**478** 1st July 2008, 02:14 PM

Nice move in ABAN.....

Saint

Saint · #**479** 1st July 2008, 02:20 PM

Huge fall in ABAN.......Buying above the first bullish bar on the 60......till that happens,holding short.

Saint

vinst · #**480** 1st July 2008, 02:26 PM

Saint,

Juicy moves on ABAN, SESA. I am watching. ABAN 100 down in this hrly bar !!

vin