Going with the Intraday Mini-Flow!!

[learningtotrade]

Re: Saint's Intraday Miniflow - live discussion

Sir,
Any help on ICICI Bank, holding 700 Shares @ Rs. 525/-.

 

[vvvv]

Re: Saint's Intraday Miniflow - live discussion

i dont think so 12.30 bar is a pivot...and the high of 12.30 bar is as high of wrb on hrly bar....and still the current 1.30 bar in fomation could whipsaw the sar if put on 12.30 bar high ....my views...

theres no wrb on hourly bar

 

[vvvv]

Re: Saint's Intraday Miniflow - live discussion

Add At @LOD-f

why???? ...is it as per rules

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

why???? ...is it as per rules

yes vikram..we can add at lod or hod if mm permits

 

[Sunil]

Re: Saint's Intraday Miniflow - live discussion

vineet, do we consider current bar for BD failure or next bar (30min)??
what r your views?

actually, i would want the prev hourly bar's high also to be taken out for BD failure

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

vineet, do we consider current bar for BD failure or next bar (30min)??
what r your views?

actually, i would want the prev hourly bar's high also to be taken out for BD failure

sunil bhai this bd failure are very tricky one..chances of our failure are more in them ...if we find a WRB then reverse at that is much easier but here doesn't think any WRB here till now

so like to wait more

 

[vvvv]

Re: Saint's Intraday Miniflow - live discussion

vineet, do we consider current bar for BD failure or next bar (30min)??
what r your views?

actually, i would want the prev hourly bar's high also to be taken out for BD failure

i think BD applies for a sideways congestion..here theres none.can we bring our sar down to 15 min pivot high as per rules??

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

big bar in 30min ...will be out at crossing of its high ...

look sunil bhai ..this type of bars are required to reverse...

 

[Sunil]

Re: Saint's Intraday Miniflow - live discussion

big bar in 30min ...will be out at crossing of its high ...

look sunil bhai ..this type of bars are required to reverse...

yup...
what a WRB... height is equal to that of last 4 bars!!!
and just stopped above 2 pm 's high...

(now we have outside bar in 60 too - - - unrelated matter to this thread)

 

[vvvv]

Re: Saint's Intraday Miniflow - live discussion

big bar in 30min ...will be out at crossing of its high ...

look sunil bhai ..this type of bars are required to reverse...

thts the biggest bar till now...alll right ...wud u call it a wrb..i wud not...so for me wrb reversals dont count here...now as per scaling of the chart a medium sized bar can appear as a wrb....which means tht there's sumthing more to it.
as sunil said abt BD...well u have a congestion on the 60 min & tht time u may have had a BD reversal...which i think he was right...got confused bcos no timeframe was mentioned.
i wanted reverse on break of the 15 min pivot as tht pivot high & the high of the 1 pm bar is almost at the same level.the 2 pm ,60 min bar just took out the high of the previous 60 min bar...congestion on 60...hence reversal above the high of the 2 pm , 60 min bar...the high of thtis bar also at the levels where previous pivot highs are on the 15 min...
so reversal there wud give me more confidence.

ths the way i luk at it...the question is not "that reversal did not happen...hence i was saved..."
the question is "tht i thought like tht" which may be right or wrong...
so we have to find which is right...
is tht the big bar a WRB...maybe bcos its the biggest bar 2dy...maybe not bcos its not as big to qualify as a WRB...
now there has to be only 1 logic to reverse...& only saint cud clarify on tht..mabe hes not around 2dy.