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: Saint's Intraday Miniflow - live discussion
Come to think of it... its a good idea.
As of now, it is very unorganized. Lots of posts just copied and pasted. But, once i have my head around the method I shall post the correct and organized version. Until that happens, I think it will misguide its readers.
Amit.
Come to think of it... its a good idea.
As of now, it is very unorganized. Lots of posts just copied and pasted. But, once i have my head around the method I shall post the correct and organized version. Until that happens, I think it will misguide its readers.
Amit.
A question regarding reversals.
Leaders of the forum, please express opinions regarding the following:
An exerpt from a PDF where Saint said
"c)30min chart is making LH-LL,......then a doji or a hammer with bottoming tails........15min shows up as a higher pivot low or sideways pattern.....60min shows a doji,etc......Reversal!"
My question:
Where does one Stop and Reverse? In what timeframe should one largely rely on to pin point a reversal?
a) sf+h of the 30 min bar that made a doji/hammer.
b) sf+h of the 15 min congestion/pivot.
c) sf+h of the 60 min bar that made a doji/hammer.
My guess is 'c'. But if its a 3 p.m. scenario then 'b' would be a more suitable. Other than that, simply using a 30 min bar to end a position and taking an entirely new one seems a little risky.
Please provide your views.
Amit.
Leaders of the forum, please express opinions regarding the following:
An exerpt from a PDF where Saint said
"c)30min chart is making LH-LL,......then a doji or a hammer with bottoming tails........15min shows up as a higher pivot low or sideways pattern.....60min shows a doji,etc......Reversal!"
My question:
Where does one Stop and Reverse? In what timeframe should one largely rely on to pin point a reversal?
a) sf+h of the 30 min bar that made a doji/hammer.
b) sf+h of the 15 min congestion/pivot.
c) sf+h of the 60 min bar that made a doji/hammer.
My guess is 'c'. But if its a 3 p.m. scenario then 'b' would be a more suitable. Other than that, simply using a 30 min bar to end a position and taking an entirely new one seems a little risky.
Please provide your views.
Amit.
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