Going with the Intraday Mini-Flow!!

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

welcome saint sir ...

vvvv...
my long trade triggered @ 12.00(hod at that time) + filter ...and nothing else....

 

[rajendrani]

Re: Saint's Intraday Miniflow - live discussion

ok, something went wrong, but if some seniors can explain what exactly then it would be really helpful, now I am long, so just hoping that market goes up and I am able to book profit at higher level.

Thanks and regards,
Rajendrani

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

rajen...i think we messed up with the filter...and got into the trade early...

 

[rajendrani]

Re: Saint's Intraday Miniflow - live discussion

rajen...i think we messed up with the filter...and got into the trade early...

mine was more worse than you and vineet, because my long order was at 10.30 bar high + filter and which got triggerred at 2.00 bar

 

[lvgandhi]

Re: Saint's Intraday Miniflow - live discussion

Basically,if following the intraday miniflow with the moving filter rule.......no trade in either direction has triggerred thus far on NF.

Saint

Welcome to this thread bearing your name, Saint.

 

[Sunil]

Re: Saint's Intraday Miniflow - live discussion

I am not a full-fledged trader of this system, and I know very little of 60min flow.
But since I have been following this method, I have never seen discussion about pivot & potential pivot. (i m referring to the charts discussion)

This was observed by me sometime back in 60min flow - which is supposed to be a RUNNING CONCEPT. There's no initial filter/moving filter - there's only one main filter, and that's for reversing. (adds filter r anywayz there & subjective to money mngt)
So, in 60min flow, there used to be this big discussion about aggressive pivots, potential pivots, pure pivots, etc. These discussions were necessary to choose the actual reversal pivot bar, and simply apply the reversal filter to it.

In 30min flow, it's not a RUNNING concept ie we end the trade at or near day's end. We begin the new day with the first bar (which happens to be of 5min duration), and simply go with the FIRST MOVE OF THE DAY TO APPLY 14, and 7 for second move or reversal move.

I kept this till end, coz LVGandhi was not here today - his idea of a sideways movement is generally right.
Observing 30min chart, right till the completion of 13:30bar, there was NO CLEAR DIRECTIONAL BIAS.
SO IT WAS CLEAR THAT BIG FILTER (14) WAS TO APPLIED TO HOD & LOD AS AT THAT TIME....This scenario I have seen before too.

The discussion about "POTENTIAL PIVOT" was something new to me, in 30min flow's perspective - I assumed that since u guys also trade 60min, it's better for me to stay out, and ask Vineet / LVGandhi at EOD.

A middle bar having higher high than the left & right bars was enough for me to get excited & take note of such high level. (Similiarly, with lower low).

The question of it being potential/incomplete was NEVER raised even in the mother thread (closed now).

If I am wrong in saying that "potential pivot" concept (as shown in attached charts by rajendra) does not exist in 30min, then please correct me.

 

[kapil123]

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

The first trade triggered above the 11 o'clock bar 2817 +small filter as this was the second move. The SAR being low of 11 am bar -small filter. After this adds get triggered at break of PH of 2831 + add Filter, and after that at break of pivot at 2836 + add filter. After the 2nd add the SAR is low of 2 pm bar 2824 - small filter.
Booked profit at the end of day as per personal plan.

PS: The first trade for me triggered above the 11.30 bar 2821 + small filter and not above 11 o'clock bar. Sorry for the goof up.

 

[rajendrani]

Re: Saint's Intraday Miniflow - live discussion

I am not a full-fledged trader of this system, and I know very little of 60min flow.
But since I have been following this method, I have never seen discussion about pivot & potential pivot. (i m referring to the charts discussion)

This was observed by me sometime back in 60min flow - which is supposed to be a RUNNING CONCEPT. There's no initial filter/moving filter - there's only one main filter, and that's for reversing. (adds filter r anywayz there & subjective to money mngt)
So, in 60min flow, there used to be this big discussion about aggressive pivots, potential pivots, pure pivots, etc. These discussions were necessary to choose the actual reversal pivot bar, and simply apply the reversal filter to it.

In 30min flow, it's not a RUNNING concept ie we end the trade at or near day's end. We begin the new day with the first bar (which happens to be of 5min duration), and simply go with the FIRST MOVE OF THE DAY TO APPLY 14, and 7 for second move or reversal move.

I kept this till end, coz LVGandhi was not here today - his idea of a sideways movement is generally right.
Observing 30min chart, right till the completion of 13:30bar, there was NO CLEAR DIRECTIONAL BIAS.
SO IT WAS CLEAR THAT BIG FILTER (14) WAS TO APPLIED TO HOD & LOD AS AT THAT TIME....This scenario I have seen before too.

The discussion about "POTENTIAL PIVOT" was something new to me, in 30min flow's perspective - I assumed that since u guys also trade 60min, it's better for me to stay out, and ask Vineet / LVGandhi at EOD.

A middle bar having higher high than the left & right bars was enough for me to get excited & take note of such high level. (Similiarly, with lower low).

The question of it being potential/incomplete was NEVER raised even in the mother thread (closed now).

If I am wrong in saying that "potential pivot" concept (as shown in attached charts by rajendra) does not exist in 30min, then please correct me.

sunil, i agree with you, the point of potential pivot shown was only for the study purpose and nothing to go with the flow method. I had already wrote this before I had posted the pivot chart, as to the two methods are different and this is only for understanding. As what you said yes, I totally agree with you the incomplete/potential pivot concept was never raised and even I didnt wanted to create confusion over here.

Thanks and regards,
Rajendrani

 

[lvgandhi]

Re: Saint's Intraday Miniflow - live discussion

I am not a full-fledged trader of this system, and I know very little of 60min flow.
But since I have been following this method, I have never seen discussion about pivot & potential pivot. (i m referring to the charts discussion)

This was observed by me sometime back in 60min flow - which is supposed to be a RUNNING CONCEPT. There's no initial filter/moving filter - there's only one main filter, and that's for reversing. (adds filter r anywayz there & subjective to money mngt)
So, in 60min flow, there used to be this big discussion about aggressive pivots, potential pivots, pure pivots, etc. These discussions were necessary to choose the actual reversal pivot bar, and simply apply the reversal filter to it.

In 30min flow, it's not a RUNNING concept ie we end the trade at or near day's end. We begin the new day with the first bar (which happens to be of 5min duration), and simply go with the FIRST MOVE OF THE DAY TO APPLY 14, and 7 for second move or reversal move.

I kept this till end, coz LVGandhi was not here today - his idea of a sideways movement is generally right.
Observing 30min chart, right till the completion of 13:30bar, there was NO CLEAR DIRECTIONAL BIAS.
SO IT WAS CLEAR THAT BIG FILTER (14) WAS TO APPLIED TO HOD & LOD AS AT THAT TIME....This scenario I have seen before too.

The discussion about "POTENTIAL PIVOT" was something new to me, in 30min flow's perspective - I assumed that since u guys also trade 60min, it's better for me to stay out, and ask Vineet / LVGandhi at EOD.

A middle bar having higher high than the left & right bars was enough for me to get excited & take note of such high level. (Similiarly, with lower low).

The question of it being potential/incomplete was NEVER raised even in the mother thread (closed now).

If I am wrong in saying that "potential pivot" concept (as shown in attached charts by rajendra) does not exist in 30min, then please correct me.

I agree with Sunil. Potential has no meaning but for being alert. Due to personal reasons, I did not trade as I was out. I came to forum very late.
Upto 11:30, it was purely sideways movement. However the sideways movement shifted to higher levels after that. If we look at 20/15 min chart, 12:00 bar high 2836.5 is pivot high. Hence with that, we can go for reversal filter above that. Trade occurs at 14:30 bar depending upon filter. However if we consider upto 13:30 sideways, then only full filter will never give a trade today. This is my view.

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

i absolutely agree with sunil not to microsize the defination of pivot .....as rajen said it was more of textbook/acadamic discussion ...just defining the defination of pivot...i agree practically we need to just go by the eye & circumstance of the chart and not to measure the exact anatomy of pivot....
thank you sunil for bringing to our notice....