Going with the Intraday Mini-Flow!!

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rajendrani

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

why not?
11.30 bar low doesn't cross low of 11.00 & its high crosses high of 11.00 bar ..we waited for 30 min bar to complete ..it is clear pivot at that time
Pivot confirmed now as 10.30 bar high is broken, now its a clear pivot after completion of this bar
 

pleaseharsh

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

again some basic confusion....:confused:
rajen the encircled pivot shown by u has four bar , where the 3rd bar is lower than the 2nd bar and then the 5th bar crosses the high of all 4 prev bar to be called as a pivot...ok got it...
but here as mentioned by vineet the 3rd bar is already higher then the 2nd bar ....so wts the difference between yrs & vineet ?
the diff is no of bars...if u see the above pivot chart u have put does not have the pattern like we have got today for 3 bar...where the 3rd bar is higher then the 2 nd bar...look at the chart below
pls clarify it cuz these r the fundamentals of our method......:(
 
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rajendrani

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

again some basic confusion....:confused:
rajen the encircled pivot shown by u has four bar , where the 3rd bar is lower than the 2nd bar and then the 5th bar crosses the high of all 4 prev bar to be called as a pivot...ok got it...
but here as mentioned by vineet the 3rd bar is already higher then the 2nd bar ....so wts the difference between yrs & vineet ?
the diff is no of bars...if u see the above pivot chart u have put does not have the pattern like we have got today for 3 bar...where the 3rd bar is higher then the 2 nd bar...look at the chart below
pls clarify it cuz these r the fundamentals of our method......:(
Go to the pic which you have attached, the first one you can see that the last bar has crossed the high of the previous bar and also the first bar confiming the pivot,

But with the 2nd pic, we dont have the first bar high broken. We not only need the bar which we will be considering as a pivot low, that high needs to be broken and also the previous bar high need to be broken as to confirm the pivot low.

Please go through the pic where I circled it also points the previous high bar which needs to be broken, hope this will clear your doubts

Thanks
Rajendrani
 

pleaseharsh

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

exactly in 2nd pic i delibrately put the 3rd bar's high lower than the high of first bar...
ok will conclude as the bar next/adjacent to the pivot low(in formation) bar needs to break the high of first bar to be called as pivot
cheers rajen
 

rajendrani

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

exactly in 2nd pic i delibrately put the 3rd bar's high lower than the high of first bar...
ok will conclude as the bar next/adjacent to the pivot low(in formation) bar needs to break the high of first bar to be called as pivot
cheers rajen
Yes buddy, you got it, save and keep the pic about the pivots, so whenever you have confusion, you can just look at it and can decide on that. Whoever made that pic, god bless him.

Thanks,
rajendrani
 
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