Going with the Intraday Mini-Flow!!

[Saint]

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.

Yes,my friend,you had asked me the same once or twice before........no harm done.Great going.

Saint

 

[Saint]

Re: 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.

Yes Amit....first para not in the brackets in post above...correct.Oh well,all correct,except the brackets part.....great going.

Saint

 

[manojkch]

Re: Saint's Intraday Miniflow - live discussion

Sir,
One question... Why we are not considering the 2nd bar move( LH-LL than 1st bar )as first move? Thanks

 

[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

Saint Sir,
Your explanation for the above quote will be very useful to everyone.
Thanks & regards
manoj

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

Yes,my friend,you had asked me the same once or twice before........no harm done.Great going.

Saint

Thanks Saint for clarification...I just realised at the end of day that I made the terrible mistake. I was aware before I paused trading for some personal matters. That image I posted help you to remind me. My goodness...

was ok even after making that mistake...its human...But just got some bad feelings in mind after seeing your post...like a student disobeying the teacher and realised how much you are attached to us.

(Sorry for kicking some personal matters here...)

All the best wished for you,
Haribird .

 

[Saint]

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.

Correct,Manoj.....except one thing.

Pivot by Pivot move of MovFil:We apply this in the 60min Flow Threads.We have a Bar that takes out our pivot high not taking out our filter......next bar does it,we reverse the trade.If next bars don't do it,followed by a pivot formation,we merely raise our filter to the new pivot high +f.

Bar by Bar move of MovFil:We apply this in the Intraday MiniFlow.We have a Bar that forms,we want that next bar to take out the MovFil....If not,we want the next bar to do it,so on so forth.In between this process,a pivot or two may be formed....but the focus is on the bar by bar.

Slight difference in the two......important not to get confused esp.those who tarde both simultaneously.

All the best!
Saint

 

[Saint]

Re: Saint's Intraday Miniflow - live discussion

Thanks Saint for clarification...I just realised at the end of day that I made the terrible mistake. I was aware before I paused trading for some personal matters. That image I posted help you to remind me. My goodness...

was ok even after making that mistake...its human...But just got some bad feelings in mind after seeing your post...like a student disobeying the teacher and realised how much you are attached to us.

(Sorry for kicking some personal matters here...)

All the best wished for you,
Haribird .

Ouch....not at all.....we all tend to forget something,tend to make mistakes.....which is why the great camaraderie shared by all of us in this thread sort of helps us along.You are doing great,Hari....keep up the great work.

Best wishes,
Saint

 

[Saint]

Re: Saint's Intraday Miniflow - live discussion

Sir,
One question... Why we are not considering the 2nd bar move( LH-LL than 1st bar )as first move? Thanks

Manoj,

It is not yet a Move....Basically till Bar 3 today,we had no clear cut move,however small.After which we had a Move....which we refer to as Move 1.

All the best!
Saint

 

[manojkch]

Re: Saint's Intraday Miniflow - live discussion

Correct,Manoj.....except one thing.

Pivot by Pivot move of MovFil:We apply this in the 60min Flow Threads.We have a Bar that takes out our pivot high not taking out our filter......next bar does it,we reverse the trade.If next bars don't do it,followed by a pivot formation,we merely raise our filter to the new pivot high +f.

Bar by Bar move of MovFil:We apply this in the Intraday MiniFlow.We have a Bar that forms,we want that next bar to take out the MovFil....If not,we want the next bar to do it,so on so forth.In between this process,a pivot or two may be formed....but the focus is on the bar by bar.

Slight difference in the two......important not to get confused esp.those who tarde both simultaneously.

All the best!
Saint

Thanks for your nice and crystal clear explanation. I really appreciate the way you explain to us and you patience for it.
Just one doubt.......
Suppose we are still not in trade due to moving filter of first move, and in process, pivot forms , then we will apply Small filter for pivot crack to enter. Is it right? or is there any exception to this rule that even after pivot forms we keep applying moving filter (Bar to bar moving filter).
Hope I am able to convey what I want to Say.
Thanks

 

[manojkch]

Re: Saint's Intraday Miniflow - live discussion

Manoj,

It is not yet a Move....Basically till Bar 3 today,we had no clear cut move,however small.After which we had a Move....which we refer to as Move 1.

All the best!
Saint

Sir, do you mean to say that to be called as first move it should have at least following criteria....
1) It should not be a sideways/ limp move.
2) We should wait for at least first three bars to form in one direction ( and that too with convincing move.. not a limp move)
3)Before the formation of third bar, the second bar is a WRB in one direction

Like that. Please correct my points if wrong and add if there are other situations also to qualify it is first move.

Just this first/second move concept gets clear, rest everything is clear to me.

Thanks