Going with the Intraday Mini-Flow!!

[Saint]

Re: Saint's Intraday Miniflow - live discussion

Time frame amalgamation is important especially with 8mins to go for the hourly bar to complete.........I would wait a while and see what the next 8mins bring us before putting in a trade.

Saint

 

[vvvv]

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

thnks.
so r u taking atr calculations into consideration...wht settings ur using??

 

[vvvv]

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

for me long = PH(HOD) + small f
short = PL (LOD) - small F

 

[Flock]

Re: Saint's Intraday Miniflow - live discussion

Same here.

 

[rajesh pawar]

Re: Saint's Intraday Miniflow - live discussion

Is there any rule for the time to wait for the first trade. I am new to intra day flow and there has been no trade till now today..??

Now we have a Higher pivot low on 30. so short below pivot low - filter (big or small ??)

 

[rajesh pawar]

Re: Saint's Intraday Miniflow - live discussion

short trade triggered.. SAR days high + rev filter

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

bringing stop at high of brakedown bar i.e.2.00 bar

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

vineet now if this current bar makes new low...wt would be our sar ?
just yesterday mj mentioned regarding shifting sar in eod thread as new high/low are made by the current bar without letting bar to complete i.e as soon as it breaches new high/low of prev bar...i think i didnt get that....shift sar @ current bar in formation or shifting sar to prev bar as new high/low is made....? or is it just something related to pivot as mentioned by him..pls try to explain ..
note : prev bar is wrb/breakdown bar

ps : sorry rajesh pawar can not answer yr prev prev post cuz of diff in charts...

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

vineet now if this current bar makes new low...wt would be our sar ?
just yesterday mj mentioned regarding shifting sar in eod thread as new high/low are made by the current bar without letting bar to complete i.e as soon as it breaches new high/low of prev bar...i think i didnt get that....shift sar @ current bar in formation or shifting sar to prev bar as new high/low is made....? or is it just something related to pivot as mentioned by him..pls try to explain ..
note : prev bar is wrb/breakdown bar

ps : sorry rajesh pawar can not answer yr prev prev post cuz of diff in charts...

Harsh i shift stop as it is brakedown bar...

we shift stop when either we have new pivot or we are using 4 bar rule...

really not fully get ur question ..

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

vineet ..yeah that i know...
but pls mate go through post no : 333 from eod thread...pls
wt is that stop no 2 ..pls refine in yr words...or if mj is around pls explain it...