Going with the Intraday Mini-Flow!!

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

long at 15 min pivot at 2727+sf

 

[vvvv]

Re: Saint's Intraday Miniflow - live discussion

long at 15 min pivot at 2727+sf

why 15 min pivot to be used??

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

quote : "We are in essence trading the 5min bar at 10am,and then trading the 15min charts till 11 am,trading the 30min charts with help from the 60 and 15 till 3 pm,and then trading the 15min charts till 3:30pm.

So,till 11 am,if we get a pivot on the 15min charts,raise stops to that pivot.If there is no pivots on the 15min charts,wait for 30min charts to complete 4 bars at 11:30am.......The 2 bar method kicks in.After the 4th completed bar,every new bar high is enough to raise stops to 2 bars back.

If we get a situation where we get 5 multiple bars up to 11 am on the 15min charts,.......big monster move up,WRB et al,then and then only do we kick the 2 bar method into the 15min charts..........Again,because we have a huge bar on the 60 and 2 big bars on the 30 and SARs still miles back with no help from the higher TFs.Other than this obviously bullish or an obviously bearish scenario,with multiple WRBs........no bringing the 2 bar method into the 15min charts.

11am-3pm:If a move without pivots happen,then 2 bar method on 30min charts from 11:30am onwards.Pivots on 30 are what we are looking for and salivating over......A break above 30min Pivots is a no-brainer.Reverse it there and then.A break above pivots on the 15min charts need confirmation from the 60min or 30min charts.HH-HL is what we see on the 60min charts in an uptrend,simply a break below a previous low is not enough to go short......it needs confirmation from the 30 or 15." unquote

thanx

why 15 min pivot to be used??

hope this will remove the doubt....

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

"So,till 11 am,if we get a pivot on the 15min charts,raise stops to that pivot.If there is no pivots on the 15min charts,wait for 30min charts to complete 4 bars at 11:30am"

vineet...only when we get the trade triggered then we can move stops on 15 min pivot and not to take entry....thats how i understand the above rule....so do u think the above rule applies to take the trade entry.....my views...

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

harsh ..in that post saint saying about a long position but he meant that we can use 15 min pivot upto 11.00 am but will search the post & post here

 

[vvvv]

Re: Saint's Intraday Miniflow - live discussion

after enrty is made, use 15 mins for stops only if u dont get any info from higher timeframes...u cant make entry using 15 min pivots.
my trade triggered at 2727.65 + LF at the 1130 bar
stops at LOD - small F

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

vineet...if we go back in recent past...yes we have taken entry based on pivots ....but i think strictly taking into account/support of 30 min tf ...i.e if 30 has got a pivot...then fine ...use it for the entry....yes i have to admit we have done it b4....maybe due to the circumstance of the chart pattern....
so right now i wonder we can go short @ 11.00 - f...cuz of clear pivot on 15/30 tf...so yes there is some confusion regarding this.....if sir is around , pls we need yr comment...

 

[vvvv]

Re: Saint's Intraday Miniflow - live discussion

is any1 long....
PL being formed on the 30 min..will raise stops below it.
a filter of 14 wud have triggerd ur longs even if u had traded with the 15 min pivot.

 

[jstraju]

Re: Saint's Intraday Miniflow - live discussion

adds at high + 5 ?

 

[vvvv]

Re: Saint's Intraday Miniflow - live discussion

yah ,add at PH + filter
any1 trading 2dy...all are keeping quite