Going with the Intraday Mini-Flow!!

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Flock

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

amit if u had been to motherthread of 60 min flow , u will come to the reason for not being so lively and not discussing numeric levels....
I haven't been there. But I can imagine. Vendors might have come with objective type questions like:

What is an elephant?

a) Has four legs.
b) has two ears.
c) Has two eyes.
d) None of the above.

:D:D
 

jamit_05

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

ok vineet but doubt regarding add...cuz if we do add at lod then our short + add would had triggered almost at the same level...
Short was at 2660-7 and add at LOD(2645)-7. 15 pt diff.

Besides, short at LOD makes good sense (Untill then one would be very sure of the days direction.)

Another point, I'm looking forward to a Pivot Low or a WRB formation at days low, which are the only reasons (as per the rules) why one can short. Is my assumption correct? What do the rules say?

Amit
 

pleaseharsh

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

true its 15pt diff...but i meant in another context....
yes pl and wrb r idol's for adds but lod cannot be thwart off...infact to me break of lod/hod is best for adding....again depends on chart patterns...
 

jamit_05

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

I haven't been there. But I can imagine. Vendors might have come with objective type questions like:

What is an elephant?

a) Has four legs.
b) has two ears.
c) Has two eyes.
d) None of the above.

:D:D
Do you guys mean, a lot of very specifc questions get thrown around? And diff ppl have diff numbers for filters, entry and exits and also diff interpretation of major minor pivots? This must create a lot of disagreement (and a little disharmony i'd guess) Hmm.

But it is a very valuable exchange of information. If someone responsible could lay out the rules (with the above in mind) I guess decent amount of decorum could be layed down which will lead to good and healthy participation.

I mean, it is beautiful the way Vineet bhai takes care of it here. He lays his idea and leaves it to the reader to chose.

Amit.
 

jamit_05

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

true its 15pt diff...but i meant in another context....
yes pl and wrb r idol's for adds but lod cannot be thwart off...infact to me break of lod/hod is best for adding....again depends on chart patterns...
If one did short at LOD, what'd be the Stop? Will it be a SAR or just a stop?

Amit

PS: Now add at 2646-5 seems reasonable Stop at 2659+7
 

pleaseharsh

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

amit i think i didnt get u....y would short be triggered anytime for the only reason because its low of day...if coincidently pl-fitler = lod then also our sar is where it is right now.....
 

pleaseharsh

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

amit...the major reason to avoid numeric levels in flow threads is to avoid tipsters taking advantage...that's the reason most of time we mention
pl +f or lod ...instead of xyz numeric levels....;)
 

jamit_05

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

amit i think i didnt get u....y would short be triggered anytime for the only reason because its low of day...if coincidently pl-fitler = lod then also our sar is where it is right now.....
My question:

1) Is there a rule to add/enter at LOD/HOD? (If so pls lay it down.)

[If a PL gets formed there then its a pivotal add, needless considering LOD]

2) Is it correct that: Now SAR moved to 2673+7, as per the 4 bar rule? (Or do we keep it at the ph at days high+7 since the diff is only 6 pts?)

Amit.
 

pleaseharsh

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

take it in a simple way lod and hod r important levels in day trading...there is a high chance of trend continuing in direction of hod/lod break...dat's the reason but still i say again and again depends upon the circumstance chart patterns....
yes sar is at the mentioned level by u...2 bar method...
 
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