Trading With The Flow!!!

Hello

Been away for a while.

Trying to get back into the Flow.

As per my charts, ABAN & LT already in Short zone.

Getting in my initial position at first add points.

ABAN Short @ 455, LT Short @ 840

ABAN SAR 478+f (7), LT SAR 872+f (9)

Will Post Charts after close

Thanks

Rajesh

Excellent charts and amazing clarity of presentation and thought. Probably the best (I think, after Saint's charts).

Pl keep posting more in this format.

Bee

Excellent presentation… crisp n clear…

thanx a lot rajesh sir.. your pic speaks 1000 words …

Rajesh ji,
Your understanding is 100 percent correct. Beautiful charts and nice description.

Thanks Bee for your lavish praise, not deserving though, thanks none the less. Believe me I used to have far more colorful and cluttered charts :). But trading the flow methods we all eventually realize that as far as charts are concerned less is more.

Mansukh and Asha, thanks for your comments.

Besides learning to trade the flow methods from Saint sir, you have also learned to be kind souls :)

Regards
Rajesh

Thanks Rajesh…very clear chart..no need for explanations.

uthuman

Excellent Thread,Rajesh…………..great going!!

Saint

Thanks rajesh for the charts

Regards
Satya

Good to see you back Rajesh, Full Throttle !!

Add on ABAN below first 5 Min Low

My SAR for ABAN remains same.

I consider yesterdays 3 pm bar high as minor pivot so not considering it as SAR, but will use it as SL for this add.

Thanks

thx Rajesh .. btw, may I know ur TJ user id? :)

Thanks Uthuman, Saint sir, Satya, Prabhjeet and Santhosh for your comments and warm welcome.

Santhosh my TJ ID was NiftyChance

Thanks
Rajesh

Reversal on LT, but as for now, the BO bar is falling on itself :), lets see how it goes …

ABAN holding out for now

Details n Charts after close

Thanks
Rajesh

Also reversed on ABAN, both long now

Add triggered on ABAN, may get one on LT also

Opened Gap down and then got a breakdown on 11:00 AM bar, that triggered an add at 430, to original short position (455).

4+ hours of sideways action gave us a PH, reversed to Long on BO above PH+f @ 449.

Got in a cheat ADD @ 460

Was carrying the initial Short from 840, adds to short did not trigger.

LT gave a nice rally today with every hourly bar showed potential of making a PH :)

Finally got one on 1:00 PM bar, the rally continued and got a BO above PH+filter, reversed to long @ 859

Thanks
Rajesh

Hello

Got both the reversals right, but gooffed up on adds, LT add should have been above 3 PM bar high + add filter and not above the previous pivots.

As per rules we do not consider any previous pivots, even for adds :(, need to be more focused, lesson learned :)

Thanks
Rajesh

Great Posts Rajesh, following your trades…keep posting the great stuff.
'

Thanks MJ for your comments.

LT
New higher pivot low (11 AM Bar Low / current LoD) will be in place, can shift SAR to it when/if the current HoD is taken out, yes also can then take Add above current HoD

ABAN
Here also HoD would be good place to add, but no new higher pivot low in place, will streach the MM, so will skip this add if triggered.

Keeping the current SAR as other options (WRB Low or % of it, LoD) seem adhoc, will just wait for a new PL to be printed on the charts …

Thanks
Rajesh

thanks rajesh for the updates……… :)

LT
SAR Shifts to 861-f, 2nd Add in.

ABAN
Minor Pivot printed at 467, may go with LoD (458) to give it some more room

Recent Highs need to be taken out for this uptrend to get more steam.
For LT, its striking distance, ABAN seems a bit far off, but it moves fast when it does :)

Thanks
Rajesh

Rajesh,

Thanks for your charts. Very clear pictures and clear commentary too.

Hello Rajesh
Sorry to interrupt in .. but I think LT long would have been trigerred above 22nd April 1400 Hrs Bar, which is a minor pivot and a clear one on 30 tf.
The 1pm bar of 23rd April is not a clear point to reverse to.

Thanks
KomaL

Sorry to interrupt in .. but I think LT long would have been trigerred above 22nd April 1400 Hrs Bar, which is a minor pivot and a clear one on 30 tf.
The 1pm bar of 23rd April is not a clear point to reverse to.

Good going rajesh….. thnx for detailed trades.

Komal u r right, i think there is some problem in my charts and Rajesh's charts.
Difference of candle highs and low.
Do chek with u r charts.

The 1pm bar of 23rd April is not a clear point to reverse to.

Better reversal is 12 pm than 1 pm if not reversed on 2pm of 22.04
NR

Hello Rajesh
Sorry to interrupt in .. but I think LT long would have been trigerred above 22nd April 1400 Hrs Bar, which is a minor pivot and a clear one on 30 tf.
The 1pm bar of 23rd April is not a clear point to reverse to.

Thanks
KomaL

Hello Komal

Thanks for you comments, no interruption at all … wondering why you are not posting regularly …

There was an data error on my LT chart.

Heres the corrected one …

Hope your chart matches the one I have posted now.

Even with corrected data, my reversal would be around the same place.

Do keep posting regularly.

Thanks
Rajesh

Better reversal is 12 pm than 1 pm if not reversed on 2pm of 22.04
NR

Hello NR

Thanks for your comments.

You are right, it had to be 12 noon high rather than 1:00 pm high.

I don't agree with "2 pm of 22.04" as SAR.

As I see it, price just halts a bit before continuing to decline, no turning point there, so won't consider it as a pivot on 60 Mins :)

Thanks

Rajesh sir (sir had to came out after seeing just the first two charts of this thread)……..

now, i know what satya, bee were referring to, great thanks to them……..it is a wonderful thread……i have got so many questions answered after looking at the charts in this thread and then thinking about questions from satya.

Thanks a lot for keeping this thread.

regards,
tushar

Tushar,
Glad that you see what has to be seen in Rajesh's chart. Once you graduate out of that then charts by others are also invaluable - Saint ( his charts are the ultimate), then other stalwarts like Kapil, MJ, Puneet, Pramod,ST, Pattel, Prabh, Satya, Komal and many others who have made invaluable contribution to this method here and in TJ.
Best of luck in your studies.
Bee

LT SAR can shift to LoD i.e first 5 min Low, after we got new highs on it.

ABAN also got new highs so shifting the SAR to 467 - f.

Today also I had some holes/gaps in data so may not match exactly with other charts, but that shouldn't affect SAR levels

Thanks
Rajesh

LT and ABAN showing different price action today,

LT regaining the strength and seems will close strong, close above 900 will be v good, specially with a gap-down open.

ABAN almost flipped to the short side, so the SAR will be at similar level even if we get another BO. Lets see if we get one of those WRBs on last 30 mins :)

Either way continue to hold long on both, LT with 2 adds, ABAN with just 1 add.

Thanks
Rajesh

aban…stops triggered…could be a freak trade…

Why this WRB :(

ABAN Stop hit & jumped only partial fill, squared the longs huge slippage :),

Couldn't get in the shorts …

Edit: rishi, could u get the short? I just managed to square the longs

Holding Longs on LT.

ABAN trade closed out as did not get fill :)

The WRB presents a challange for re-entering ABAN,

Will drawn a maidien Line half way on the WRB, giving us approx 450, bearish below / bullish above it, all this provided we do not get a big gap (either way) tomorrow.

Trading a gap will be easy, as we then have the first 5 mins candle as an anchor.

Did my first Ambush trades today.

Great experiance to trade along side with Saint sir, (under his tutalage, its earn while you learn:) ).

Thanks
Rajesh

Early reversal on LT. Could get it only because Saint Sir pointed it out on LT thread :(

Was waiting for the pivot low to crack, but reversed at 900 (2 bar break-out failure hmmm …….)

Will need to revise all these latest rules

Thanks
Rajesh

Sorry for not updating earlier, had to take an unplanned break.

Monday after gap-up opening covered the LT short position, did not take the long trade as would be away from the terminal without access to charts

So now again out of 60 Flow trades :(

For next few weeks will have to ristrict to only intraday trades

Thanks
Rajesh

Will wait for your 60 min flow charts again……this thread has removed so many cobwebs in mind…….

Hi Rajesh,

Could you please suggest RT data provider for Nifty futures for Amibroker.

Thanks

Monk

Hello Monk

I am using ChartData (downloaded from TJ) it pulls data from ODIN to AMI also supports other charting tools

This is a free utility provided by a logan (need to be thankful to him). Think he may shortly take it as a paid software/service but that should not be a problem.

Thanks

Thanks a lot iNOW.

Monk….