Going with the Intraday Mini-Flow!!

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

ADDing(Small aty) below 12:30 pm bar low-F.

Haribird.

In at 57. Nice add Hari... always ahead.

 

[pav]

Re: Saint's Intraday Miniflow - live discussion

Anyone with me on SAR @ 1.30 bar high+rf?

what is rf?

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

May be STOP but REVERSAL will better to place above 12 bar high itself.

Haribird.

That place is now a 30 min PH, ideal for reversal.

 

[rider.royal]

Re: Saint's Intraday Miniflow - live discussion

what is rf?

Room filter

 

[Sunil]

Re: Saint's Intraday Miniflow - live discussion

reversal filter

 

[rider.royal]

Re: Saint's Intraday Miniflow - live discussion

oops, and I cant edit that either..

 

[jamit_05]

Question on 19th Jan... that one trade.

Saint, Rajendra, Vineet,

For Jan 19th, the members entered long at 2836+7 at 12.00 bar high as it was a pivot).

Soon enough, Saint said that it was not a trade in the post:

http://www.traderji.com/day-trading-...tml#post268718

My doubt:
Yesterday, leaders insisted that if its a pivot then use of sf was okay. However, the above mentioned trade is incorrect. My doubt is, on Jan 19th Saint did not mention the reason why this is not a trade. I was left guessing.

My guess: Saint was trying to say that unless it is a range bound case or if its a reversal only then use sf. Else use MF, pivot high or not.

So I earnestly request that Rajendra, Vineet, Saint please step in and clarify this. There are several other in the forum who have similar doubts and suggestion too. Please feel free to opine.

Amit

http://www.traderji.com/attachments...intraday-miniflow-live-discussion-19jan09.png

PS: Check the link for the chart.

 

[kapil123]

Re: Question on 19th Jan... that one trade.

Saint, Rajendra, Vineet,

For Jan 19th, the members entered long at 2836+7 at 12.00 bar high as it was a pivot).

Soon enough, Saint said that it was not a trade in the post:

http://www.traderji.com/day-trading-...tml#post268718

My doubt:
Yesterday, leaders insisted that if its a pivot then use of sf was okay. However, the above mentioned trade is incorrect. My doubt is, on Jan 19th Saint did not mention the reason why this is not a trade. I was left guessing.

My guess: Saint was trying to say that unless it is a range bound case or if its a reversal only then use sf. Else use MF, pivot high or not.

So I earnestly request that Rajendra, Vineet, Saint please step in and clarify this. There are several other in the forum who have similar doubts and suggestion too. Please feel free to opine.

Amit

http://www.traderji.com/attachments...intraday-miniflow-live-discussion-19jan09.png

PS: Check the link for the chart.

Pivots are basically points of reversal. So, we are looking at an entry on the break of this point. Now when we are talking about the 1st entry, we use bigger filter for taking a trade on the basis of bar breakout.

Now coming to why bigger filter was used in the above trade. As mentioned pivots are points of reversal, so when the pivot is broken ideally we should already have had Move1 and Move2, and small filter should be sufficient for taking an entry on the basis of pivot break. But for this, the moves should be very clear and there should be clear pivot.

But when we are talking about the above day, we had a bullish bar, followed by 2 or more small bearish bars. but these bearish bars were essentially sort of inside bars only. So, overall we had a limp upmove. Though we had pivots because of these bearish bars, but these bearish bars never looked like a downmove.

I hope this makes things clearer.

 

[Smart_trade]

Re: Saint's Intraday Miniflow - live discussion

It is panning out to be a big day today.Hope everyone enjoying.....

ST

 

[Smart_trade]

Re: Saint's Intraday Miniflow - live discussion

Big trend days tend to close near the low if in downtrend and near the high if in uptrend.So I am keeping my balance short positions open till end of the day.

ST