Going with the Intraday Mini-Flow!!

[Smart_trade]

Posting todays Nifty Future chart

http://img186.imageshack.us/my.php?image=niftyintradaysaintssystih5.jpg

Smart_trade

 

[vvvv]

Hi! I am new to traderji ..plz guide me...how to take benifit frm you all

if u want to trade the way it is done here,u have to know wht is a trend ,pivots,change of trend.
its tht simple.

 

[Smart_trade]

Trying to post chart inside the post instead of as URL

Smart_trade

 

[rkkarnani]

thnks,,will search for them

Charts of trades posted by Saint:
Aug 1st half :
http://www.traderji.com/day-trading-stocks/24071-going-intraday-mini-flow-post224562.html#post224562

Aug 2nd Half
http://www.traderji.com/day-trading-stocks/24071-going-intraday-mini-flow-post224577.html#post224577

Sep begining:
http://www.traderji.com/day-trading-stocks/24071-going-intraday-mini-flow-83.html

Sep.till 24th
http://www.traderji.com/day-trading-stocks/24071-going-intraday-mini-flow-post224725.html#post224725

 

[vvvv]

Charts of trades posted by Saint:
Aug 1st half :
http://www.traderji.com/day-trading-stocks/24071-going-intraday-mini-flow-post224562.html#post224562

Aug 2nd Half
http://www.traderji.com/day-trading-stocks/24071-going-intraday-mini-flow-post224577.html#post224577

Sep begining:
http://www.traderji.com/day-trading-stocks/24071-going-intraday-mini-flow-83.html

Sep.till 24th
http://www.traderji.com/day-trading-stocks/24071-going-intraday-mini-flow-post224725.html#post224725

thank u my friend...uve saved me the trouble for searching..thank u again whole heartedly

 

[uthuman]

RKK,

From my postings you must have understood that I am having difficulty in identifying pivots. It does not mean I have not read "Teach a man....". Every time instead of tellimg to go back read the document it would have been nicer if you can DEFINE a PIVOT. Also tell me WHY and HOW only 2 points in 15 min TF yesterday are pivots and importantly WHY and HOW the remaining are not. This will settle the problem once for all.
vps

For me also it is difficult to understand and finding the pivot point from the 15,20,30mts charts. Is it only the change of direction of the chart from the previous bars? I have gone thro' "Teach a man ..." .But still difficult to pin point that. I request our seniors to help.
Regards,
uthuman

 

[rkkarnani]

RKK,

From my postings you must have understood that I am having difficulty in identifying pivots. It does not mean I have not read "Teach a man....". Every time instead of tellimg to go back read the document it would have been nicer if you can DEFINE a PIVOT. Also tell me WHY and HOW only 2 points in 15 min TF yesterday are pivots and importantly WHY and HOW the remaining are not. This will settle the problem once for all.
vps

VPS, U took it wrongly, does not matter to me!!!!! Friend, why do I ask u repeatedly to go back to Teach a man... is simple... I cannot dream of giving a better writeup on pivots/ defining a Pivot, than that has been mentioned there by Saint!!!
Yes, instead u may please post a 15 minutes chart indentifying what you presume are pivots and also mention why U presume them to be Pivots... lots of friends here shall be able to help u out!!!

 

[Smart_trade]

No problems, Dear VPS and Uthuman,

On Pivots,apart from Saint,our friends like Rakeshluthra,Niftychance,Prabhjeet,Satya,RKK and many others have better understanding than me,my understanding sometimes gets little hazy but I quote Saint on pivots as under :

""PIVOTS

Okay, now that we know that a higher high is when the previous bar's high is crossed and a higher low is when the low is higher than the previous bar's low, and that a series of higher highs and lows make an uptrend … we retrace a bit and change things around a bit.

Just higher highs and lows alone do not make an uptrend. Yes we have an up-move but an up-move doesn't mean we are in an uptrend. Higher highs and lows form a rally. Lower highs and lows form a decline.

We can have declines in an uptrend. We can have rallies in a downtrend. So now that we know that a series of higher highs is called a RALLY, How then do we define an Uptrend? An UPTREND on a particular time frame is a series of higher pivot highs and lows on that time frame. What then is a downtrend? Nothing but a series of lower pivot highs.

So what then is a Pivot? Okay, we are back to the "Hand" example. Whisk out your right hand again, once again with your right palm facing you. We have our little finger. The ring finger makes a higher high and low as compared to the little finger. The middle finger is higher high and low as compared to the ring finger. We therefore have a RALLY. The index finger makes lower highs and lows as compared to the middle finger. The thumb makes lower highs and lows as compared to the index finger. We therefore have a DECLINE. The middle finger with two lower highs on both sides (ring and index now forms a PIVOT.

Imagine we have Area A. Rally starts from Area A which is followed by a decline to an area that is higher than Area A. We call this new area where the stock has declined to as Area B. So on so forth. Therefore Area B is higher than Area A, Area C is higher than Area B, so on so forth. We have therefore what is called an uptrend. These areas are pivotal areas where the stock stops its decline and rallies upwards. We refer to these turning points as pivots.

Therefore, in the above example, as each pivot is after a decline, and the pivot is the low after which the stock takes off again, we call them PIVOT LOWS.

Right the opposite in a downtrend. The stock declines from an area and then rallies to an area lower than the first, so on so forth. In this case every pivot is after a rally, and the pivot is that area after which the stock declines further to new lows.

As this pivot tells us of that high after which things go back to its declining ways, we call that a PIVOT HIGH.

So, in an uptrend, we have HIGHER PIVOT LOWS. How did we come to that? Each pivot low is higher than the previous pivot low. Therefore we call it higher pivot lows.

In a downtrend, we have LOWER PIVOT HIGHS. How did we come to that? Each pivot high is lower than the previous pivot high. Therefore we call it lower pivot highs.

In a sideways trend, we have nearly equal pivot highs and lows.""

Also read questions on Pivot in Teach a man..... thread,that will make your concepts more clear. But Pivot is a centre of Saints trading methods so try to master pivots at this stage itself.

Some of your questions may be remaining unanswered but that is purely because all of us are trading with real positions,this system and other systems as well,and intraday trading requires concentration and focus so people are unable to reply to long and basic questions during trading time.

I am sure every one here wants to help others as we have Saint as an ultimate example of helping others,

So cheer up friends !!!

Best Wishes,

Smart_trade

 

[MARUTIMANE]

Dear Mr. Saint and all respected Seniors

I am very much thankfull to all you who has developed confidence in loossing traders and now I think In India nobody will lack of bread and butter who will adopt this holy grail atlist. First it is fair to introduce my self I am trading in Indian Market last 7 year I know all the technicals I have read all the Books purchase so many systems even from abrod but nothing is helped me to gain confidence in share market. I was reading traderji post last two years but I was afraid to post any comment on this because I had lost my full confidence even though I had too much knowledge of Technicals. Because I know exprience driver can make big accident so avoded. Even I have lost faith on God also. Nobody has seen God but there is God in human body and that is Saint who has developed such nice holy grail for Indian Traders and I belive who will follow the rules as per system there is no chance to loose more mony who had lost in past. I have tested this system in last 1 year data and I have prowd to say that more than 68% result are positive even who can purchase only one lot of nifty nicely earn monthly return Rs.17000+. I know every system has some limitations there are limitation in every filed but this system has minimum limitations only on flat market but it works nicely on trending market Gaps. and who has lost in flat can compount more in net rally.

So sicearly thanks Mr. Saint and all seniors who has contributed to develop the this holy grail. Once again thanks a lot to all. I have posted trade on 26 please find advice if it is ok or not. I will be tnkfull to if I can read some thing about this.

 

[vpsarathy]

No problems, Dear VPS and Uthuman,

On Pivots,apart from Saint,our friends like Rakeshluthra,Niftychance,Prabhjeet,Satya,RKK and many others have better understanding than me,my understanding sometimes gets little hazy but I quote Saint on pivots as under :

""PIVOTS

Okay, now that we know that a higher high is when the previous bar's high is crossed and a higher low is when the low is higher than the previous bar's low, and that a series of higher highs and lows make an uptrend we retrace a bit and change things around a bit.

Just higher highs and lows alone do not make an uptrend. Yes we have an up-move but an up-move doesn't mean we are in an uptrend. Higher highs and lows form a rally. Lower highs and lows form a decline.

We can have declines in an uptrend. We can have rallies in a downtrend. So now that we know that a series of higher highs is called a RALLY, How then do we define an Uptrend? An UPTREND on a particular time frame is a series of higher pivot highs and lows on that time frame. What then is a downtrend? Nothing but a series of lower pivot highs.

So what then is a Pivot? Okay, we are back to the "Hand" example. Whisk out your right hand again, once again with your right palm facing you. We have our little finger. The ring finger makes a higher high and low as compared to the little finger. The middle finger is higher high and low as compared to the ring finger. We therefore have a RALLY. The index finger makes lower highs and lows as compared to the middle finger. The thumb makes lower highs and lows as compared to the index finger. We therefore have a DECLINE. The middle finger with two lower highs on both sides (ring and index now forms a PIVOT.

Imagine we have Area A. Rally starts from Area A which is followed by a decline to an area that is higher than Area A. We call this new area where the stock has declined to as Area B. So on so forth. Therefore Area B is higher than Area A, Area C is higher than Area B, so on so forth. We have therefore what is called an uptrend. These areas are pivotal areas where the stock stops its decline and rallies upwards. We refer to these turning points as pivots.

Therefore, in the above example, as each pivot is after a decline, and the pivot is the low after which the stock takes off again, we call them PIVOT LOWS.

Right the opposite in a downtrend. The stock declines from an area and then rallies to an area lower than the first, so on so forth. In this case every pivot is after a rally, and the pivot is that area after which the stock declines further to new lows.

As this pivot tells us of that high after which things go back to its declining ways, we call that a PIVOT HIGH.

So, in an uptrend, we have HIGHER PIVOT LOWS. How did we come to that? Each pivot low is higher than the previous pivot low. Therefore we call it higher pivot lows.

In a downtrend, we have LOWER PIVOT HIGHS. How did we come to that? Each pivot high is lower than the previous pivot high. Therefore we call it lower pivot highs.

In a sideways trend, we have nearly equal pivot highs and lows.""

Also read questions on Pivot in Teach a man..... thread,that will make your concepts more clear. But Pivot is a centre of Saints trading methods so try to master pivots at this stage itself.

Some of your questions may be remaining unanswered but that is purely because all of us are trading with real positions,this system and other systems as well,and intraday trading requires concentration and focus so people are unable to reply to long and basic questions during trading time.

I am sure every one here wants to help others as we have Saint as an ultimate example of helping others,

So cheer up friends !!!

Best Wishes,

Smart_trade

ST,

I must have read this passage a hundred times. I need examples to show me a pivot and which is not a pivot. The palm method is not possible always. I want to know what method you adopt while defining a pivot in the charts as the bar gets completed, and the next bar just begins.
vps