Going with the Intraday Mini-Flow!!
- Thread starter Saint
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- Tags intra day live intraday nifty miniflow miniflow live nifty futures trading nifty intraday trading saint
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Long back I had read some articles written by Buffy on price action which discussed the concepts of trends and pivots.I never thought these very basic concepts can be used to trade markets profitably.I wasted a lot of time on high funda stuff which I still dont understand.
Surprisingly,after joining "Traderji", I found Saint using these very basic knowledge to trade profitably in all time frames.Monthly to 5 minutes .Now I understand it is the skill and knowledge of the trader to convert a concept to a trading system that counts.
There are hundreds of ways to pull out money from the market and all these concepts are not secrets.All these knowledge is in public domain.But unfortunately most of us lack the skill and ability to design a trading system based on these concepts.
Dear Saint, Thank you very much for all the great wisdom you have taught us.Really wonder about the patience you are showing by repeatedly answering all our foolish questions.
Sir, You really deserve many big rounds of applause.
Surprisingly,after joining "Traderji", I found Saint using these very basic knowledge to trade profitably in all time frames.Monthly to 5 minutes .Now I understand it is the skill and knowledge of the trader to convert a concept to a trading system that counts.
There are hundreds of ways to pull out money from the market and all these concepts are not secrets.All these knowledge is in public domain.But unfortunately most of us lack the skill and ability to design a trading system based on these concepts.
Dear Saint, Thank you very much for all the great wisdom you have taught us.Really wonder about the patience you are showing by repeatedly answering all our foolish questions.
Sir, You really deserve many big rounds of applause.
thank u saint sir.....
Long back I had read some articles written by Buffy on price action which discussed the concepts of trends and pivots.I never thought these very basic concepts can be used to trade markets profitably.I wasted a lot of time on high funda stuff which I still dont understand.
Surprisingly,after joining "Traderji", I found Saint using these very basic knowledge to trade profitably in all time frames.Monthly to 5 minutes .Now I understand it is the skill and knowledge of the trader to convert a concept to a trading system that counts.
There are hundreds of ways to pull out money from the market and all these concepts are not secrets.All these knowledge is in public domain.But unfortunately most of us lack the skill and ability to design a trading system based on these concepts.
Dear Saint, Thank you very much for all the great wisdom you have taught us.Really wonder about the patience you are showing by repeatedly answering all our foolish questions.
Sir, You really deserve many big rounds of applause.
Surprisingly,after joining "Traderji", I found Saint using these very basic knowledge to trade profitably in all time frames.Monthly to 5 minutes .Now I understand it is the skill and knowledge of the trader to convert a concept to a trading system that counts.
There are hundreds of ways to pull out money from the market and all these concepts are not secrets.All these knowledge is in public domain.But unfortunately most of us lack the skill and ability to design a trading system based on these concepts.
Dear Saint, Thank you very much for all the great wisdom you have taught us.Really wonder about the patience you are showing by repeatedly answering all our foolish questions.
Sir, You really deserve many big rounds of applause.
3 is better than two....more clapps.....bigg round of applause....
thank u saint sir.....
thank u saint sir.....
I think once our first trade got triggered for that trade our SL's room is 7points. Subsequent add on will be as per pivot's with room 5. Pl. correct if I am wrong.
If our first trade which is long triggered at 3rd bar (ie 2nd bar High + 14room), then for that trade SL will be 2nd bar's low - 7points. If our first trade which is short triggered at 3rd bar (ie 2nd bar Low - 14room) , then for that trade SL will be 2nd bar's High + room 7 points. After the first trade our add on will be as per pivot's with room 5. Also the reversal will be SL with room 5.
If our first trade which is long triggered at 3rd bar (ie 2nd bar High + 14room), then for that trade SL will be 2nd bar's low - 7points. If our first trade which is short triggered at 3rd bar (ie 2nd bar Low - 14room) , then for that trade SL will be 2nd bar's High + room 7 points. After the first trade our add on will be as per pivot's with room 5. Also the reversal will be SL with room 5.
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Dear Saint,
One of your recent post mentions that you are looking at one reversal pattern on candlestick charts and thinking of incorporating this in mini flow.You have even asked us to contribute our ideas by post here or a PM.
I find that a hammer or hanging man with a long tail or a morning star /evening star pattern (includes Dojistar also) is a very reliable early indication of trend reversal .Is this is what you have in mind ? May be when we get this pattern,we go lo lower time frames pivots to book our unrealised profits and early reversal.
Will be interesting to learn how you incorporate the pattern in pivot based trading .
Best Wishes,
Smart_trade
One of your recent post mentions that you are looking at one reversal pattern on candlestick charts and thinking of incorporating this in mini flow.You have even asked us to contribute our ideas by post here or a PM.
I find that a hammer or hanging man with a long tail or a morning star /evening star pattern (includes Dojistar also) is a very reliable early indication of trend reversal .Is this is what you have in mind ? May be when we get this pattern,we go lo lower time frames pivots to book our unrealised profits and early reversal.
Will be interesting to learn how you incorporate the pattern in pivot based trading .
Best Wishes,
Smart_trade
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