Going with the Intraday Mini-Flow!!

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

vikram wt is yr first 5 min high , low ?

 

[vvvv]

Re: Saint's Intraday Miniflow - live discussion

vikram wt is yr first 5 min high , low ?

h = 2815
l = 2796
as per pib

 

[Smart_trade]

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

smart trade,

1)after short in the 1st trade...when did u again reverse to long in the 2 nd trade & why???
i was out of trade at tht time but for study purposes i feel it is the high of the 12:30 pm bar on the 15min.
its bcos the 15 min uptrend is confiirmed along with the 60 min candle taking out the previous 60 min candle high.

2)why is the 2:30 pm bar a wrb???? wht are the conditions to b satisfied??

Dear vvvv,

Yes you are right ,the reversal to long was in 12:30 bar. The reason : At 12 :00 bar I saw that the 30 min bar closed at above 50 % of the previous black candle,and as we were short,this bullish bar closing above 50 % of the previous black candle certainly did not amuse us and we start thinking. At this stage we go to start looking at 15 min bar and at 12:15 we find 15 min bar had a PH.At 12: 00 the 30 min printed a bullish piercing candle and 60 min was also indicating possible reversal by giving a hammer with long tail. That confirmed that if 15 min pivot is taken out on the upside,we should reverse to long at 2762+f.

2:30 bar on 30 min TF was certainly a WRB,it had a range of 56 points.WRB defination will change with volatility.In volatile mkt,60 points may not be a WRB,in deflated market even 40 points may look like a WRB. In current volatility 50 -55 points on 30 min TF certainly look as WRB. Another critaria I see apart from range is that it should have small wicks ie open and close should be in top/bottom 20 % preferably 10 % of the range.This critaria also was satisfied hence considered as WRB.

Best Wishes,Happy Trading !!!

Smart_trade

 

[Saint]

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

Dear vvvv,

Yes you are right ,the reversal to long was in 12:30 bar. The reason : At 12 :00 bar I saw that the 30 min bar closed at above 50 % of the previous black candle,and as we were short,this bullish bar closing above 50 % of the previous black candle certainly did not amuse us and we start thinking. At this stage we go to start looking at 15 min bar and at 12:15 we find 15 min bar had a PH.At 12: 00 the 30 min printed a bullish piercing candle and 60 min was also indicating possible reversal by giving a hammer with long tail. That confirmed that if 15 min pivot is taken out on the upside,we should reverse to long at 2762+f.

2:30 bar on 30 min TF was certainly a WRB,it had a range of 56 points.WRB defination will change with volatility.In volatile mkt,60 points may not be a WRB,in deflated market even 40 points may look like a WRB. In current volatility 50 -55 points on 30 min TF certainly look as WRB. Another critaria I see apart from range is that it should have small wicks ie open and close should be in top/bottom 20 % preferably 10 % of the range.This critaria also was satisfied hence considered as WRB.

Best Wishes,Happy Trading !!!

Smart_trade

Excellent stuff,ST......very nice!.....And some great posts from you too,Vikram,great going!

Saint

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Long at 11.00 bar high + mov fil

short at 10.30 low- rev fil

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

11.30 bar completed...
vineet...unlike u guys...my 10.30 low is just low by 0.5 to the low of 10.00 bar
... dont think 2nd move still for me....then wt should be the short for me as of now...?
will it be 11.30 low-f ? as of now

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

11.30 bar completed...
vineet...unlike u guys...my 10.30 low is just low by 0.5 to the low of 10.00 bar
... dont think 2nd move still for me....then wt should be the short for me as of now...?
will it be 11.30 low-f ? as of now

means ur 10.30 low is 2801.5 ??? my 10.30 low is 2792...check ur data buddy

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

yes vineet my 10.30 low 2801.5 ....apart from this current bar ...till now i got hh,hl ...just this 10.30 bar is down by 0.5 ...

 

[rajesh pawar]

Re: Saint's Intraday Miniflow - live discussion

No trade so far... so now do we take the 11:00 am bar low 2807 - reverse filter to go short
What about the buy order it remains at 11:00 am high or shift to 11:30 high (I trade in mini nifty)..

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

apart fromthat the 11.00 &11.30 bar made clear HH\HL ..THEN I THINK WE CAN REVERSE AT 11.30 BAR LOW-REV F