Going with the Intraday Mini-Flow!!

Status
Not open for further replies.

myvineet

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

honestly, i was under the impression that we use LF for the first move's trade & SF for second moves / reversal trades...
your pivot's agreement seems correct on face value...
but still, to completely remove this grey cloud, i will visit the mother thread on thursday (market holiday)
it means u still didn't visit the intraday EOD thread...if u see post of smart_trade there , the grey cloud can remove..

ab thursday ko kya hain bhai?
 

Sunil

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

it means u still didn't visit the intraday EOD thread...if u see post of smart_trade there , the grey cloud can remove..

ab thursday ko kya hain bhai?
which thread???
for me, u r no less than anyone, buddy. Since u actually trade both 30min & 60min flows & so, more trading experience with this flow concept than me. I'll never hesitate to ask you even silliest of grey clouds...
I have restricted myself to casually trade this method ONLY on basis of CLEAR pivots & breakout/breakdown failures, WRB general rules etc...
it was disturbing my normal trading strategies a lot - u know what i mean.

as i said, your explanation/argument from pivot's point of view is clear...
i just wanted to surf mother thread to brush up on some concepts again... what else to do on a holiday between 2 working days???

as for your grey cloud about thursday:
arey yaar, i have highlighted 13th April in my personal calender ...:D
now u take note of this
:)
 
Re: Intraday Miniflow Trades for Today: Saint's Method

Poating today's ( 6-1-2009) miniflow trades :

Today was a classic example of both breakout failures and when to seek help fron 15 min pivot for reversal.



No trade on moving filter today.

1)Trade 1 : Long triggered on PH 3136 + small f

2)Trade 2: Reverse to short below 3125 as the bar in which the PH was broken ,its low getting cracked,failure og upward breakout.

3)ADD to shorts below WRB low of 3087-f


4) Take some profit on 1/3 position in range 3075-80 when mkt showed first sign of reversal

5) Trade 3 :Now comes the use of 15 min pivot. We had a WRB and another strong negative bar and suddenly market started reversing. We have no PH nearby,even WRB high was pretty far. Now we see 15 min pivot High at 3096,here 30 min has already printed bullish piercing candle and it was in agreement for reversal to long. Reverse to long above 15 min PH 3096 +small f
6) Book profit in 3125-35 range

Markets were very fast and even if someone has cought one reversal out of 2,it was very sweet.

Best Wishes,

Smart_trade
Thanks ST sir for this nice illustration. Reversing at crack of 15 minute pivot was a brilliant move but unfortunately not many of us could use it. Moreover reversals were very fast.
 

lvgandhi

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

Sirji,
I am learning this method, have a query... why dont we go long 3122+f on first 5 min bar high? where for short 3110-f is ok. Please guide me. Thanks.

touchraj
You are right. We can go long as you said. But it depends on filter whether you are on trade or not.
 

pleaseharsh

Well-Known Member
Re: Intraday Miniflow Trades for Today: Saint's Method

very good work & analysis st ....its nice to see & learn you are blending
candlestick pattern along with the rules....
 
Status
Not open for further replies.