Going with the Intraday Mini-Flow!!

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

I think, the reason Hari's first entry (even mine) was incorrect because bar 2 was not move 1 at all.

Quoting Saint earlier reply where he explains move 1.

"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...... "

Focus on the words "takes out".

For today, to qualify as move 1 Bar2 has to CLOSE below the first 5 min bar. Since that did not happen the long entry remained above the first 5 min bar's high. However, short entry got moved to the low of 2nd bar at its close.

RevFil still not in action since move 1 was not made (as of Bar 2.)

This, my understanding, is still shaky till it rcvs approval.

Amit.

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

cover all at 2580

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

cover all at 2580

Excellent!

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

I think, the reason Hari's first entry (even mine) was incorrect because bar 2 was not move 1 at all.

Quoting Saint earlier reply where he explains move 1.

"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...... "

Focus on the words "takes out".

For today, to qualify as move 1 Bar2 has to CLOSE below the first 5 min bar. Since that did not happen the long entry remained above the first 5 min bar's high. However, short entry got moved to the low of 2nd bar at its close.

RevFil still not in action since move 1 was not made (as of Bar 2.)

This, my understanding, is still shaky till it rcvs approval.

Amit.

We shouldn't have to reverse to long at 2nd bar high, but the 1st bar high(Day's high that time) was the right place. Now I remember of such actions long back.

Did a mistake...but market not punished much...we are in good profit with that fine reversal to short!

Haribird.

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

We shouldn't have to reverse to long at 2nd bar high, but the 1st bar high(Day's high that time) was the right place. Now I remember of such actions long back.

Did a mistake...but market not punished much...we are in good profit with that fine reversal to short!

Haribird.

Hari are you off to somewhere post market. Cuz we have some serious misconceptions to clear.

Please, lets few of us gather and clear out those false pivot entries of today.

Amit

 

[manojkch]

Re: Saint's Intraday Miniflow - live discussion

Hi Vineet,
You are very much well conversant with this method.

Will you do a favor for us ?( for those who are not comfortable with understanding of second move concept).

If you can just mention few situations where we do not treat that move as second move ( or in other words, we can say that, first move is not yet over)

For Ex .
Situation1 ) ...We are getting sideways/ limp move.
Situation2).... As of today ( to be described in words)
Situation3).... ....
Situation4)......

Like wise.

I am sure, your or Saints Sir explanation in this manner will help most of us to understand the second move concept.

Thanks

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

Also Vineet, why wasnt 11.00 and 1.00 bar highs considered as pivots? If they were pivots then why werent entries at their highs+7 taken. Cuz all pivotal entries are ph+7. They were considered as Move 1 by yourself. Pls explain.

 

[jamit_05]

Vineet bhaiii...

Manoj,

The only explaination i can arrive at is, our MovFil kept moving higher and not getting filled. First at, 5 min bar high, then at 1st PH+14 then 2nd PH+14.
(what beats me is, I thought we always added 7 to PHs and not 14.)


After 11.00 bar, move 1 was in place. Therefore, short orders were put at days low-7, then 12.00 pl-7 then 13.30-7 (which got filled).

Vineet bhai... pls break ur silence. Comment on our clouds.

Amit.

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

Hari are you off to somewhere post market. Cuz we have some serious misconceptions to clear.

Please, lets few of us gather and clear out those false pivot entries of today.

Amit

Posting my view of trade on EOD thread in a minute Amit... take a look after 1 min.

Haribird.

 

[manojkch]

Re: Saint's Intraday Miniflow - live discussion

What I understood till date from Saint's method is that .. We apply moving filter only for First Move and it is BAR by BAR and not pivot to pivot ( but from today incidence it seems that there are few exceptions where we apply moving filter to pivot by pivot also)
As per my understanding, we do not apply moving filter to pivots or second move. We apply filter to new pivots once it is formed.