Going with the Intraday Mini-Flow!!

[Smart_trade]

Hi ST can u plz bit explain profit booking part ?? when we should book profit other than pivot/2bar crack


Regards
Satya

Yes Satya,profit on 1/3 position to be booked when mkt gives you profit equal to initial risk on the trade. In our case initial risk was 4115-4075 = 40 points so 1/3 rd profit to be booked at 4075-40=4035. Balance 2/3 on 2 bars and Pivot,in case of long tail bar,have a peep at 20 min chart for pivot.

Best Wishes,

Smart_trade

 

[Reji]

Hi ST can u plz bit explain profit booking part ?? when we should book profit other than pivot/2bar crack


Regards
Satya

Hi Satya,

Partial profit booking {in my view only

(4108 +7 ) - (4089 - 14) = 40 points

Initial profit = Our entry at 4075 - 40 = 4030

Regards

Reji

 

[VJAY]

Can we consider as pivot if this bar close below previous bar?

VJAY

 

[orderflow13]

4063 + 7 = 4070 is a SAR ?

 

[trillian]

most guys / including me booked prof at 4035 level , old sar is still on

Alex,

Me too booked profit @ 4035. wt is old sar? can you give once again here?


Thanx.

 

[orderflow13]

4063 + 7 = 4070 ... Aprx i assume

 

[kapil123]

4072 is SAR according to my chart now (4065+7)

 

[Satyen]

Yes Satya,profit on 1/3 position to be booked when mkt gives you profit equal to initial risk on the trade. In our case initial risk was 4115-4075 = 40 points so 1/3 rd profit to be booked at 4075-40=4035. Balance 2/3 on 2 bars and Pivot,in case of long tail bar,have a peep at 20 min chart for pivot.

Best Wishes,

Smart_trade

Hi Satya,

Partial profit booking {in my view only

(4108 +7 ) - (4089 - 14) = 40 points

Initial profit = Our entry at 4075 - 40 = 4030

Regards

Reji

Thanks Reji,smart_trade ........

As i have not gone through total posts of the thread but now doubts cleared with interacting with you people

Thanks again


Regards
Satya

 

[VJAY]

Now cinfirmed PH 4064+7=4071 SAR Am I right?
VJAY

 

[trillian]

hi Friends,

Now I have an doubt. so in this method for what we should look for Ph and Pl?

Can anyone explain?

thanks