Going with the Intraday Mini-Flow!!

[Saint]

Re: Saint's Intraday Miniflow - live discussion

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

Great question......can always make out a person who wants to trade from a person who prefers to write a book on something...great going,manoj.

Taking your eg,we are in Move 1,not yet in trade due to the MovFil........we now need a sideways move that pivots and goes on to new highs for us to dump the MovFil and go on to Normal Filters.

Have a look at 14th Oct 2008.......We got a tail on BAR 1,BAR 3 takes out the low,but not our MovFil,then 2 more sideways bar.......we now have 5 sideways bars,we are not to wait to short below 14,thinking of Mov1 and Mov2..........you have a clear cut solid base,the breakdown-Normal Filter and you are in short.

Your 2nd part of the question....if you mean,a clear cut pivot has formed,do we wait with a MovFil any longer,no....then it is Normal Filter all the way.

Saint

 

[manojkch]

Re: Saint's Intraday Miniflow - live discussion

Saint Sir,
Today was a great learning experience for me while taking lessons from you.
It was something like that a teacher teaching in a class even though there is a single student and the teacher is loyal to perform his duties.

Really there are very few people like you in this world who are ready to help the needy and that too without any expectation.

I really don't have words to express my deep feeling towards you.
Just I can say that ,for me, You are GOD.

God bless you with all his blessings.


Best Wishes

Manoj

 

[FlowTrader]

Re: Saint's Intraday Miniflow - live discussion

Saint Sir,
Today was a great learning experience for me while taking lessons from you.
It was something like that a teacher teaching in a class even though there is a single student and the teacher is loyal to perform his duties.

Really there are very few people like you in this world who are ready to help the needy and that too without any expectation.

I really don't have words to express my deep feeling towards you.
Just I can say that ,for me, You are GOD.

God bless you with all his blessings.


Best Wishes

Manoj

Believe me manoj there are more than a single student

Some great questions there from you, thanks.

And how can we thank you enough Saint !

Regards
PK

 

[Saint]

Re: Saint's Intraday Miniflow - live discussion

Saint Sir,
Today was a great learning experience for me while taking lessons from you.
It was something like that a teacher teaching in a class even though there is a single student and the teacher is loyal to perform his duties.

Really there are very few people like you in this world who are ready to help the needy and that too without any expectation.

I really don't have words to express my deep feeling towards you.
Just I can say that ,for me, You are GOD.

God bless you with all his blessings.


Best Wishes

Manoj

Thank you for your kind words,my friend....

Saint

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

thank you for your kind words,my friend....

saint

:d :d...:d:d

 

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

Haribhai,

Now I can understand the system with the above nice explanation of saint sir, just one question, tell me the main timeframe of the trade and when to switch to a lower or higher timeframe to get a clear picture.

Waiting fr ur replay, Regards

 

[TFL]

Re: Saint's Intraday Miniflow - live discussion

Haribhai,

Now I can understand the system with the above nice explanation of saint sir, just one question, tell me the main timeframe of the trade and when to switch to a lower or higher timeframe to get a clear picture.

Waiting fr ur replay, Regards

hitesh05 bhai,

The main time frame of this Intraday Mini-Flow(30min Flow) is 30 Minute.
We can switch to lower time frames of 20, 15 to get more clear picture of what is happening. Also switching to 60m will also give us idae about what is gonna happen...

Seems like you haven't read the introduction of the system by Saint. Please go through the below many times.

Well done,Harsh.

Saint

I felt after saint closing the thread intraday miniflow and Rakesh starting, as Saint desired, only EOD discussion on intraday, there is a need for a thread for live discussion regarding Pivots, SAR levels without room attached and nature of trade only for new comers to gain confidence. Hence this thread. It is not duplicating Rakesh thread. I request also seniors to air their view and guide if some posts are giving wrong direction, of course with gentle compassion.
This will help many newcomers to understand by hand holding as done in mother thread.
Don't comment on other's post sarcastically or with aim of becoming one up. Aim is to help newcomers for gaining confidence.

Mother thread at
http://www.traderji.com/day-trading-stocks/24071-going-intraday-mini-flow.html
For compilation of mother thread posts please see
http://www.traderji.com/day-trading-stocks/25102-project-scanning-intraday-mini-flow-thread.html
For EOD discussion please see
http://www.traderji.com/technical-analysis/25236-intraday-miniflow-trades-today-saints-method.html
To learn from other's mistake see
http://www.traderji.com/derivatives/24845-mistakes-i-made-flow-method.html
Library at
http://www.traderji.com/day-trading-stocks/25065-library-intraday-mini-flow.html

Haribird.

 

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

Thanks Haribhai for ur replay, i will try to study the links u mentioned to me, again thanks for ur help and will definitly need in future...

 

[myvineet]

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

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.

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.

oh! sorry guys ..very-very sorry ...you know i am allowed to trade only upto 3.00 pm ..after that i have to run to my office ( our family business).as i am late today ..have to brake all traffic lights & still have to see some raises eyebrows there ....

hope you all got your answers from our great saint...

thanx ST sir ..you are always there to help me out..

vineet

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Great question......can always make out a person who wants to trade from a person who prefers to write a book on something...great going,manoj.

Taking your eg,we are in Move 1,not yet in trade due to the MovFil........we now need a sideways move that pivots and goes on to new highs for us to dump the MovFil and go on to Normal Filters.

Have a look at 14th Oct 2008.......We got a tail on BAR 1,BAR 3 takes out the low,but not our MovFil,then 2 more sideways bar.......we now have 5 sideways bars,we are not to wait to short below 14,thinking of Mov1 and Mov2..........you have a clear cut solid base,the breakdown-Normal Filter and you are in short.

Your 2nd part of the question....if you mean,a clear cut pivot has formed,do we wait with a MovFil any longer,no....then it is Normal Filter all the way.

Saint

saint sir just some queries:

1) if we pivot made during move 1( suppose upward)..will we enter at pivot high + mov fil OR pivot high + normal fil ?

till now i use normal fil for pivot but today from your answer i got an impression that if we got pivot during move 1 still we use mov fil from there

2) looking at today's high if we get 11.00 bar as LH\LL.then we rev at 11.00 bar high +normal fil OR 10.00 bar high + normal fil

am i right in reversing at 11.00 bar high + normal fil ?

regards

vineet