Going with the Intraday Mini-Flow!!

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pleaseharsh

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

just logged in....happy new year to all of u...hope everybody had a nice evening....let this year bestowed by job & happiness to all traderji members ...:)
 

pleaseharsh

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

couldn't post the trade cuz of slow traderji.com ...dont know if anyone else
experienced in the late afternoon....:mad:
newys...got long triggered...and a nice move...good start for the newyear...
 
Re: Intraday Miniflow Trades for Today: Saint's Method

Posting 30 min NF chart with 30-12-2008 mini flow trades marked on it.

10:00 Bar 2959 / 2944 so entry at 2959 + LF and 2944 -LF

10:30 bar 2961 /2938 No entry,moving filter trailed down

11:00 bar 2957/2921 Short trade triggered ,many of us using larger F the short trade will not trigger in this bar and subsequent bar

1:30 bar position reversed to long above PH 2929 + SF (Small filter ) initial stoploss 2905 -SF

Rest 2 adds,1/3 profit booking and final profit booking levels marked on the chart.

Very profitable day inspite of first short trade I took because of my filter .This short trade gave me a small loss of 13-14 points which was more than offset by large profit in long trade.

Best Wishes,

Smart_trade

Hi ST,

Why there was no ADD to SHORT? It was WRB. Am I missing something in the rules?

Thanks,
Revati
 
Re: Intraday Miniflow Trades for Today: Saint's Method

Hi ST,

Why there was no ADD to SHORT? It was WRB. Am I missing something in the rules?

Thanks,
Revati
Because of large moving filter,the short trade was at near the bottom of bearish candle.. And again adding at bottom means adding too close ,hence not added in short position .

Not sure whether the bearish bar in which the short trade was triggered can be called WRB as it is only 35 points from top to bottom. But that apart,if the add was not too close and if SL was getting lowered would have certainly added.

Not at all wrong if you add a small quantity at low of bearish bar depending on your risk tolerance and MM, Revati. That would be a perfectly valid trade.

Best Wishes,

Smart_trade
 

bijovyppil

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

good morning friends
happy 2009.....i cant trade for the last 2 weeks due to my software problem.. its rectified.. now back to action.. hope this year bring some cheers!!!!!
bijo:)
 

pleaseharsh

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

will continue to paper trade more....i know there's lot of diff between real vs reel trading....and everyday is a new pattern....it is possible i get success in paper trading and blow out in real trading....but i wanna satisfy myself with atleast few of the patterns for espically reversals,exit, adds ....to get used to some of the charts....then after will start..then wtever happens...
 
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