Going with the Intraday Mini-Flow!!

[TFL]

Re: Intraday Miniflow Trades for Today: Saint's Method

My view...please value it.

Thank you,
Haribird.

 

[Smart_trade]

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

vineet undewrstands this method well. He seems to have tied up in some other work. He will mostly reply in the evening or else I will reply in details in the evening.

Best Wishes,

Smart_trade

 

[Saint]

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.

Have always loved your earnestness and desire to get the full picture,my friend...............will have a mini revision at 6pm today.

We can have a mini dialogue and let's clear out the doubts.......that goes for anyone else with doubts as well.

Saint

 

[FlowTrader]

Re: Saint's Intraday Miniflow - live discussion

Have always loved your earnestness and desire to get the full picture,my friend...............will have a mini revision at 6pm today.

We can have a mini dialogue and let's clear out the doubts.......that goes for anyone else with doubts as well.

Saint

Sounds like a good plan

regards
PK

 

[manojkch]

Re: Intraday Miniflow Trades for Today: Saint's Method

Thank you Hari for taking efforts to explain in detail.

But I am not sure about the moving filter concept after we get a pivot formed. Because as the Pivot forms, Moving filter does not come into play and we apply SF over pivots for entry.

This is as per my understanding.

Lets wait for Saint Sir and other Seniors to comment and clarify.

Regards.
Manoj

 

[Smart_trade]

Re: Intraday Miniflow Trades for Today: Saint's Method

My view...please value it.

Thank you,
Haribird.

May i suggest some changes here Hari ?

Till 11:00 bar, we are nor clear as to which is a first move and which is a second move so we keep larger moving filter on both sides and look to get in whichever side the trade triggers.

After pivot high and lows are formed we are all the way on small filter. Also moving filter's role is over after PH and PL formed . Market was taking a limping uomove and newer PH getting formed without triggering a long trade ( most of us are using small filter of 9 or 10 ,But if someone is using 7,then probably long trade will just trigger in 2:00 bar . Does not matter. This gets reversed in 3:00 bar on two critaria 1) Failure of breakout bar and cracking low of the breakout bar -small f or 2) On break of PL -small f.

Adds as per you suggested. One can add at 3:00 bar at various places or even at crack of 3 :00 WRB low -f

Saint sir will still add in the evening in his revision session.

Very well done Hari....

Best Wishes,

Smart_trade

 

[Saint]

Re: Intraday Miniflow Trades for Today: Saint's Method

Dear Readers,

Trading is very simple, do not make is too hard.

Regards

M Ramu

Yes agreed,.......exactly our philosophy as well.

Saint

 

[manojkch]

Re: Saint's Intraday Miniflow - live discussion

Saint Sir,
Now, shall we start mini revision? If every one is online.

 

[manojkch]

Re: Intraday Miniflow Trades for Today: Saint's Method

Saint Sir,
Now, shall we start mini revision? If every one is online.

 

[Saint]

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.

Move 1 is higher pivot highs and lows in an uptrend each newer high unable to take out our MovFil,everytime a new high is made,the Mov Fil is moved to the latest pivot high.

Today's trade:

BAR 2 taking out the lows of BAR 1,not taking out our filter.........Next bar,BAR 3,taking out the BAR 1 high but still not over the MovFil....We have had three bars so far.We are still without a clear cut Move 1 direction.Till BAR 10,very clear cut higher pivot highs and lows but not taking out our MovFil.............this signifies a weakness,the inability of NF to clearly make a trend move.

It also means that we are waiting for an opportunity to get short.......a pivot low break is enough reason for us to clearly see a Move 2,and short the breakdown.Here the filter is normal filter.

Exit in the last 5mins of the day.

Saint