Going with the Intraday Mini-Flow!!

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Common yaar.. you cannot leave at that. You've got me biting my finger-nails here. Please continue.

What is your filter value then? Why have to chosen to keep it further away? Do u keep them further away only during select days, like today?

Phew... too many questions.

On second thought, answer only if you feel like it.

regards,
Amit

hope you got all your answers

vineet

 

[jamit_05]

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

After today, I can confidently refute the above and say: If move2 NOT in place (that is we are in sideways or move 1 phase) then whatever it is, Pivot or just a bar h/l, then the filter will be MovFil.

Else today we would have got a long entry at 11.00 bar high+7

Amit

Ps: I am glad for such days. They make you chuck-out all the misconceptions.

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Well, Saint sahab, at bar3 close would you call bar2 low a Pivot low and go ahead and place a short entry at PL-revfil i.e. PL-7? Does it seem reasonable to do so? If so, then Bar 3 move would have some features of a MOVE 1.

Hari, manoj, Vineet also pls comment.

yes if move 1 is upmove then seems logical to place short entry there..

but not fully convinced about using mov fil at pivots even in move 1 ...

things will be more clear when saint sir answer my queries ..

vineet

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

yes if move 1 is upmove then seems logical to place short entry there..

but not fully convinced about using mov fil at pivots even in move 1 ...

things will be more clear when saint sir answer my queries ..

vineet

Okay, you are not "fully convinced about Mov Fil at pivots", meaning:

The filter used at a pivot should not be Mov Fil (14), but SF(7) instead.

In that case, yesterday at high of 11.00 bar we had a pivot at 2660.
2660+7 was hit in the 2.00 bar giving us a long entry. (which is incorrect as per STs post).

Amit

 

[Sunil]

Re: Saint's Intraday Miniflow - live discussion

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

Same cloud here too, vineet....
All this time, entry used to be pivot high + normal filter (or pivot low - normal filer; as case may be) - irrespective of whether pivot formation takes place in move 1 or not.
Looking at ST's reply in EOD thread, even he suggests of taking PH + normal filter...(this was before evening's Q&A session).
only thing is that this normal filter can be any value (subjective) but definitely smaller than the moving filter....

But, looking at replies of Hari & Amit, i get the same message:

BINGO, exactly my thought.

I was gonna say:

As long as its the first move, be it a pivot or a bar, our filter in only MF (14).
Else we would have not only entered today but also have had an add

In move 2, pivot or not, the filter is sf (7). Simple.

I had asked this question and Saint replied positively to the above explaination in the following post.

Waiting for the Master's comments...

 

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

Good morning to all friends and seniors

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Okay, you are not "fully convinced about Mov Fil at pivots", meaning:

The filter used at a pivot should not be Mov Fil (14), but SF(7) instead.

In that case, yesterday at high of 11.00 bar we had a pivot at 2660.
2660+7 was hit in the 2.00 bar giving us a long entry. (which is incorrect as per STs post).

Amit

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

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

amit ,ST didn't say entry is wrong.. he said that many of us didn't use SF of 7 ..& if anybody enter there ,he may reverse at brakeout failure bar..

vineet

p.s.: got my mail ?

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

High=2610.8

low=2586

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

good morning to all
mini : h=2610 l=2596

 

[Flock]

Re: Saint's Intraday Miniflow - live discussion

Vineet,

is the low for Nifty Fut, 2596 or 2586?