Going with the Intraday Mini-Flow!!

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jamit_05

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

amit...
that's the reason i m telling u again and again to go through the archive posts..
no problem....the most answer to yr questions lie in yr post itself....read this excerpt from the saint sir again...:
""JAN 31ST:Short at 5121,cover at 5160 +7=5167...Long at 5167,Out at 5191(Pivot on 15 and sideways on 30....cannot expect more on a day that had big move down and then a big move up and now looking to fall again)....Short at 5191,and cover at 5138 at close."

first and foremost it is clearly stated the "big move down and then big move up"
look at the range of the bar's, pal....
here we get short trigger in 2nd bar(ll,lh) itself...
3rd bar ll,lh ...nifty has already travelled 100pts approx at the low of 3rd bar and it ends as bullish bar...
4th bar ,different move,bullish bar,hh,hl...reverse in progress !! also..
"If we get a situation where we get 5 multiple bars up to 11 am on the 15min charts,.......big monster move up,WRB et al,then and then only do we kick the 2 bar method into the 15min charts"
bring the 2 bar rule in and our stop will come at 5160+7 ..i.e 2nd bar high on 30 tf
so crack of 2nd bar high + filter to long
ok y short again at 5191 ? pivot at 5204 but need support from 30tf too...next bar on 30 tf forms congestion i.e sideways...long in question...go short at prev bar (i.e low of 5198- 7=5191) ..now u can see on 15 tf ..pivot low is also taken out completely with some room.....
hope u get it...
harsh

ps: the way confidently i have explained to u ...puts a doubt in me if i would had traded the same way as done by the sir...
Tks Harsh for taking the time. I really appreciate your patience.
With passing time (and only a few more such questions) I will be able to start contributing to this forum.

I looked for the answer in the main forum but, honestly speaking, even if it hit me right in the face I'd not be able to see it. Tks for the reply.

Amit.
 
Re: Saint's Intraday Miniflow - live discussion

Hi Arm,

The Move 1-2 stuff comes into play here.......2nd Bar takes out the lows of the 1st Bar and not passed our MovFil......then a bullish bar,and then a breakout in the reverse direction.Entry is High of Day + normal filter(not MovFil).

Add point is over the high of the 5th Bar.

Saint
Hi Saint,

So we consider HOD as pivot and enter based on normal filter???? we dont use mov2 filter with HH-HL bar right till 12 bar PH ???

Thanks,
Revati
 

jamit_05

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

Yes, a rev fil of 7 points. So as soon as the first 30 min bar is formed I will put limit orders for its Low-7 and high+14. <atah boy!>

For now my limit orders are 2753+14 and 2746-14.
 

myvineet

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

Let me give a try revati...

Rev on each bar will happen when we have continous ll\lh but entry not given due to continous shifting of mov fil ..but yesterday is not like that ..so will rev on pivot only

but as move 1 doesn't give us entry so we use rev fil for move 2..

My views for sure ..saint, plz correct me if wrong

vineet
 

myvineet

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

Yes, a rev fil of 7 points. So as soon as the first 30 min bar is formed I will put limit orders for its Low-7 and high+14. <atah boy!>

For now my limit orders are 2753+14 and 2746-14.
no amit . i think we will not wait for 30 min bar to complete ..move 1 is clear

for short 2746-7

vineet
 
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