Re: Saint's Intraday Miniflow - live discussion
RAJU..WE USE 4 BAR RULE HERE.
BAR 1 forms.
BAR 2 LH-LL .......Short below BAR 1 with room.Stops above high of BAR1
BAR 3 LH-LL.......Nothing to be done.Stops where it was.
BAR 4 LH-LL.......Nothing to be done till it is completed.After the end of the 4th Bar,move stops to the high of BAR 2.
From here,2 possibilities:a)BAR 5 makes a LL,then move stops to the high of BAR 3.b)BAR 5 does not make a LL,keep stops at high of BAR 2.
So on so forth for Bar 6.
uthuman
can you reason the SAR
Raju
can you reason the SAR
Raju
BAR 1 forms.
BAR 2 LH-LL .......Short below BAR 1 with room.Stops above high of BAR1
BAR 3 LH-LL.......Nothing to be done.Stops where it was.
BAR 4 LH-LL.......Nothing to be done till it is completed.After the end of the 4th Bar,move stops to the high of BAR 2.
From here,2 possibilities:a)BAR 5 makes a LL,then move stops to the high of BAR 3.b)BAR 5 does not make a LL,keep stops at high of BAR 2.
So on so forth for Bar 6.