Going with the Intraday Mini-Flow!!
- Thread starter Saint
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- Tags intra day live intraday nifty miniflow miniflow live nifty futures trading nifty intraday trading saint
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Re: Intraday Miniflow Trades for Today: Saint's Method
Further to chart posted by NC above, posting 4-2-09 NF miniflow chart to show the profit booking levels.
In present choppy markets it is necessary to book 1/3 or 1/2 profit whenever you get profits => the initial risk. This puts some profits in your pockets in case the market suddenly reverses.
As we are trading small time window ( till the end of the day ) in mini flow,booking profits when the mkt is going in favour of our trade is important.
Best Wishes,
Smart_trade
Further to chart posted by NC above, posting 4-2-09 NF miniflow chart to show the profit booking levels.
In present choppy markets it is necessary to book 1/3 or 1/2 profit whenever you get profits => the initial risk. This puts some profits in your pockets in case the market suddenly reverses.
As we are trading small time window ( till the end of the day ) in mini flow,booking profits when the mkt is going in favour of our trade is important.
Best Wishes,
Smart_trade
V
Re: Intraday Miniflow Trades for Today: Saint's Method
SMART TRADE,
pls take us thru the last 2 hr of trade with reasons...
1) 2 pm bar is a wrb or not??? i think it is. if it is a wrb , then u will find tht before the WRB u had a constant move down.saint had said that a wrb after a constant move down shud be reversed if the entire body of the wrb is negated.
2) hammer on the 60 min , 3 pm bar..once the high of the 3pm , 60 min bar is taken out , u find the PH on the 15 min is also taken out...so reversal above this high + filter shud be done or not????
although scenario -1 never happened & i tuk scenario - 2 into consideration,
it wud be worth knowing wht wud u have done if we had both the scenarios together playing out at the same time early in the market.
now only 1 scenario can be correct.
whenever u find time can u jot down the rules for finding the breakout or breakdown bar....its gone over my head.
thnks
Further to chart posted by NC above, posting 4-2-09 NF miniflow chart to show the profit booking levels.
In present choppy markets it is necessary to book 1/3 or 1/2 profit whenever you get profits => the initial risk. This puts some profits in your pockets in case the market suddenly reverses.
As we are trading small time window ( till the end of the day ) in mini flow,booking profits when the mkt is going in favour of our trade is important.
Best Wishes,
Smart_trade
In present choppy markets it is necessary to book 1/3 or 1/2 profit whenever you get profits => the initial risk. This puts some profits in your pockets in case the market suddenly reverses.
As we are trading small time window ( till the end of the day ) in mini flow,booking profits when the mkt is going in favour of our trade is important.
Best Wishes,
Smart_trade
SMART TRADE,
pls take us thru the last 2 hr of trade with reasons...
1) 2 pm bar is a wrb or not??? i think it is. if it is a wrb , then u will find tht before the WRB u had a constant move down.saint had said that a wrb after a constant move down shud be reversed if the entire body of the wrb is negated.
2) hammer on the 60 min , 3 pm bar..once the high of the 3pm , 60 min bar is taken out , u find the PH on the 15 min is also taken out...so reversal above this high + filter shud be done or not????
although scenario -1 never happened & i tuk scenario - 2 into consideration,
it wud be worth knowing wht wud u have done if we had both the scenarios together playing out at the same time early in the market.
now only 1 scenario can be correct.
whenever u find time can u jot down the rules for finding the breakout or breakdown bar....its gone over my head.
thnks
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