Going with the Intraday Mini-Flow!!

[Sunil]

Re: Saint's Intraday Miniflow - live discussion

Vineet/Harsh/other regular members...

I was thinking of a small modification in this mini flow method:
instead of relying on the first 5min bar for trade directions, why can't we have the earlier trading day's chart in front of us, and trade according to the pivot/reversal pattern formed...
(just like it is normally done in 60min flow - MAJOR DIFFERENCE BEING THAT WE DON'T CARRY THE POSITIONS OVER-NIGHT)...

like as of NOW, we have a pivot low in 3pm bar and a pivot high in 1:30 bar...
ever thought pf taking this as reference for tomorrow's trade...

and tomorrow, depending on opening, we can also have a pivot high in form of 3:30pm bar....
(those who TRADE 60min flow will understand what i m trying to say)

all except the GAP rules

 

[jstraju]

Re: Saint's Intraday Miniflow - live discussion

Basic funda or premise of Intraday miniflow is yesterday never happened & tomorrow does not exist,
My view it is best to stick to today's reference points,
Raju.

 

[rajendrani]

Re: Saint's Intraday Miniflow - live discussion

Vineet/Harsh/other regular members...

I was thinking of a small modification in this mini flow method:
instead of relying on the first 5min bar for trade directions, why can't we have the earlier trading day's chart in front of us, and trade according to the pivot/reversal pattern formed...
(just like it is normally done in 60min flow - MAJOR DIFFERENCE BEING THAT WE DON'T CARRY THE POSITIONS OVER-NIGHT)...

like as of NOW, we have a pivot low in 3pm bar and a pivot high in 1:30 bar...
ever thought pf taking this as reference for tomorrow's trade...

and tomorrow, depending on opening, we can also have a pivot high in form of 3:30pm bar....
(those who TRADE 60min flow will understand what i m trying to say)

all except the GAP rules

sunil very good idea, will start checking on this

thanks,
rajendrani

 

[rakeshluthra430]

Re: Intraday Miniflow Trades for Today: Saint's Method

Miniflow Trades for the day: 31 Dec 08

Here's wishing you and your families a Very Happy and Whipsaw-free NEW YEAR.

Coming to trades......1 trade in the day, Short being triggered at the opening bar low. An add later to the same at the break of pivots.

Covered at lows and end of day as per individual plan..

Rakesh

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

sunil few quick thoughts...
if we eliminate first 5 min bar....how we will enter the trade ? at the break of prev day pivots if not got on the current day ? in that case the whole moving filter concept would get eliminate ? and wt tf(time frame) we trade from the very beginning ? as of in 60 min we always look into hrly tf....that's not the case in mini flow...if we go by pivots(30 min tf) for trade/reversals will it eliminate the 15/60 tf for decision making/enter/exit trade, reversals from the miniflow completely ?
pls clear the above doubts sunil....thanx/good to know u have got an idea....

ps : i m taking into consideration only 60 tf from 60 min flow theard...and not assuming any tweaks to look out for in lower or higher tf's....

 

[rajendrani]

Re: Intraday Miniflow Trades for Today: Saint's Method

Wishing all of you a very happy and a prosperous new year

Regards
Rajendrani

 

[rajendrani]

Re: Saint's Intraday Miniflow - live discussion

Wishing all of you a very happy and a prosperous new year

Regards
Rajendrani

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Vineet/Harsh/other regular members...

I was thinking of a small modification in this mini flow method:
instead of relying on the first 5min bar for trade directions, why can't we have the earlier trading day's chart in front of us, and trade according to the pivot/reversal pattern formed...
(just like it is normally done in 60min flow - MAJOR DIFFERENCE BEING THAT WE DON'T CARRY THE POSITIONS OVER-NIGHT)...

like as of NOW, we have a pivot low in 3pm bar and a pivot high in 1:30 bar...
ever thought pf taking this as reference for tomorrow's trade...

and tomorrow, depending on opening, we can also have a pivot high in form of 3:30pm bar....
(those who TRADE 60min flow will understand what i m trying to say)

all except the GAP rules

Well not a bad idea.. but what diff will remain between scalp & miniflow?

basically 60min flow & miniflow will always ask us to follow the market ..we never say that this is pivot & we will not enter a trade before\after that..

in flow method we just follow the market & never ever try to predict the market ..in miniflow we erase all memories of previous days & in 60min flow we erase all memories of previous trades..this is just a basic requirement for running with flow ...

& why we mix both when we are doing both miniflow & scalping individually with good success rate ...

this is just my views

vineet

 

[beethoven]

Re: Saint's Intraday Miniflow - live discussion

Vineet

Which method or thread do you follow for scalping?

Bee

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Vineet

Which method or thread do you follow for scalping?

Bee

sunil bhai method...

means buying at previous supports & selling at previous resistences with strict stop loss

regards