Going with the Intraday Mini-Flow!!

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jamit_05

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

Dear Saint Sir,

Todays short entry ( if we take 14 as Moving filter) comes near support of right shoulder ( Yesterdays low)of Inverted head and shoulder pattern on 30 min. So as in main thread, you have mentioned that we should avoid entry near support/resistance level. So now will you advice the same thing here? or shall we use larger MF ( Viz18-20) for short entry right now.

Another question. After cracking the yesterdays low , can we call it as failed Inverted H&S pattern and we will expect a great downward movement?

Just my thought.

Thanks
Manoj
That is a very valid argument. Yesterday's low of 2731 was the days low and an hourly pivot. The market is also treating as a support.

Please provide opinion.

Amit.
 

bijovyppil

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

That is a very valid argument. Yesterday's low of 2731 was the days low and an hourly pivot. The market is also treating as a support.

Please provide opinion.

Amit.
Today am using a bigger filter for shorting... personal choice with saint sirs advice in mind... no shorts for me yet
 

myvineet

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

I never keep previous day's history with me while trading intraday....

if my method ask me to go short , i will certainly go short there..if market wants to whipsaw me , i am ready for this ...

i have unlearn involving "I" in trading ...

just my views..

vineet
 
Re: Saint's Intraday Miniflow - live discussion

That is a very valid argument. Yesterday's low of 2731 was the days low and an hourly pivot. The market is also treating as a support.

Please provide opinion.

Amit.
Sir

For you if these patterns have been more reliable way of extracting money from the market you should go ahead and use them.

I can't seem to make use of them, so will stick to rules as they are and have no option but to short this support area.

Will like to know more about it from Saint Sir.

Regards
PK
 

manojkch

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

I never keep previous day's history with me while trading intraday....

if my method ask me to go short , i will certainly go short there..if market wants to whipsaw me , i am ready for this ...

i have unlearn involving "I" in trading ...

just my views..

vineet
Thank you Vineet for your reply and it is very valid too. Since I remember Saint's Sir advice in Main Thread to avoid taking entry near support/resistance, Hence I thought so.

Regards.
Manoj
 
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