Going with the Intraday Mini-Flow!!

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

actuaryinmaking...
again lot of stuffs zoom in on personal level ....
my reason for 2.00 bar high + f...is only cuz morning we had that tight range with ll,lh ...and anything breakdown taking out pivot from such range could confirm the trend in that direction...and breakout of this 2.00 could prove false breakdown...though at this point of time couple of green candles in fomation...still short..thus just cuz of that breakdown from the tight range and pivot break thought of sar @ 2.00 bar high.....just my thinking ....

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

r we long in nf as per new failed bd move as er new addition by saint sir?

no alex. that rule is just for for first entry in a day..after thats only pivot works ..

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

just surviving sar at the moment.......

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

out with some loss of one short trade.......

 

[orderflow13]

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

Putting it simply......Breakdown candle from a sideways congestion....Long above the first bullish candle.That bullish candle could be the very breakdn candle that reversed,or the next candle after the breakdown candle.

So,breakdn bar that reversed on itself and formed a bullish candle and therefore a bottoming tail as well.(like yesterday)

Or a breakdn bar,completed bearish candle,followed by a bullish candle and next candle takes out the high of the bullish candle.

Exceptions:When you get a WRB breakdn candle,then WRB rules apply.

Does it work every time all the time?Nothing does in the Trading World......but it is high probability,and the move is usually sweet...very sweet.

Saint

ps:Sorry for not being elaborate and with chart examples.

 

[orderflow13]

Re: Saint's Intraday Miniflow - live discussion

alex...time permitting..could you pl point to this new rule?

no alex. that rule is just for for first entry in a day..after thats only pivot works ..

posted today's entry along with saint sir's quote on new addition, though i m not sure its only applicable for first entry or any market condition where there is sideway movement n false break down
http://www.traderji.com/day-trading-stocks/25236-intraday-miniflow-trades-today-saints-method-31.html#post269841

 

[aishwarya_85]

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

hi can anyone tel me how to trade with saints method for nifty ... please send me the link where to learn these

thanks.

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Have written abt this before......unable to locate it though.

In brief:

Compare yesterday's pattern and today's pattern so far........we have a sideways move yesterday the first few bars.......no move is in progress as we wait for a move.Finally we get a move at 12:00.....we have MOVE 1.Not triggerred though because of the MovFil.

Today's:Clear cut gap down and a decline(MOVE 1) as evidenced by lower highs and lows,but each bar does not take out the MovFil area.......in these cases,I track it bar by bar and go over the high of the prev bar(so far it is 11:00)

Saint

Alex.. i am talking about that rule where saint elaborate about entry into the trade means about move 1 & move 2.....where as you were asking about handling the trade AFTER we enter the trade

i am sorry about that ...think have to work on my communication skills..

regards

vineet

 

[dhakkan]

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

[img=http://img88.imageshack.us/img88/3608/niftygn7.png]

Moving filter will keeps us out of the trade,
pivot low of 12:00 - 12:30 bar gives us a short.

there are 2 possibilities from here.
1) keep the SAR at 2710 and remain Short all the time.

2) keep an eye for the breakdown failure which is happening on 60 min.
But if you reverse above 2:00 - 2:30 pm bar.. not wrong.
As by then the breakdown failure is evident on 60 min.

 

[VJAY]

Re: Saint's Intraday Miniflow - live discussion

Alex.. i am talking about that rule where saint elaborate about entry into the trade means about move 1 & move 2.....where as you were asking about handling the trade AFTER we enter the trade

i am sorry about that ...think have to work on my communication skills..

regards

vineet

Hi vineet,
RU looking this

MOVING FILTER:For the NF,put in a moving filter at Rs 14 on the 30min charts.......meaning that we want to trade the breakout on the 5 only if it shows strength enough for us to feel confident enough about that particular trade.Bar 1 high is 4312,Bar 2 high is 4320,Bar 3 high is 4330,Bar 4 high is 4337.........meaning we look on and not enter that trade.What we are looking for is a breakout bar,and not a sad excuse of a bar,with some tails.

Once that first bar is formed,we are basically looking to buy Rs14 over the high of that bar.and short Rs14 below the low of that bar.Once the entry is triggerred,presuming a long has been triggerred,stop loss is Rs 7 below the low of that bar.But only on trigger.

And another thing:We get a breakout,add the 14 to it.....and then trade breaks down,we are back to Rs7 for reversal entry,etc.This Rs14 is only for the trade that comes along with the first bar even if the first trade comes many bars later.Other than that trade,it's all Rs7 all the way.



Regards
VJAY