Going with the Intraday Mini-Flow!!

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

I think the sar is still below 11.30 bar - sf

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

oh..saved by filter .....now looks our SAR goes further down ...

 

[nebujvs]

Re: Saint's Intraday Miniflow - live discussion

I think the sar is still below 11.30 bar - sf

I too think so its the 2nd bar at 1130

 

[lee_c_kooper]

Re: Saint's Intraday Miniflow - live discussion

very right amit...

good going...

vineet

Just to clarify... again. (Excuse me for asking such elementary questions... but what to do )


Then the trade progressed and we followed the 4 bar rule as there were no pivots in place... yet.



Tks Vineet, Manoj, Hari.....

Vineet,

My concern was to ur answer to Amit, If trade first long trade was entered after 10:15 Lower Pivot then why 4 Bar rule.

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

if not long ..short will trigger at 12.00 low-sf

vineet

Vineet,

By that you mean, that while in Move 1 (if its long) your move 2 reverse entry is raised to each rising 30 min bar low-rf (regardless of bar low not being a pivot low) ?

Thanks again....

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

Vineet,

My concern was to ur answer to Amit, If trade first long trade was entered after 10:15 Lower Pivot then why 4 Bar rule.

Let me take a shot at answering that... just to show that I'm understanding Vineet.

Well, at the time of our entry our stop was at days low. Now we would definitely want an oppurtunity to raise the stop. That is provided by our 4 bar rule and pivot rule, where, if need be, the latter takes precedence.

Amit.

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Vineet,

By that you mean, that while in Move 1 (if its long) your move 2 reverse entry is raised to each rising 30 min bar low-rf (regardless of bar low not being a pivot low) ?

Thanks again....

yes amit ..if we have a clear upmove & each 30 min bar is rising , i will enter short on their low's brake....if long is not entered..

vineet

 

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

now sar is 1pm bar low - sf plz ans

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

very right amit...

good going...

vineet

This confusion regarding the SAR arose because of the following words (never mind the fact that I woke up really late):

"...Once that first bar is formed,we are basically looking to buy Rs14 over the high of that bar.and short Rs14 below the low of that bar.Once the entry is triggerred,presuming a long has been triggerred,stop loss is Rs 7 below the low of that bar.But only on trigger."

I failed to realize that these words were only for the first 5 min bar. As more bars come in the Sar is placed at only significant areas viz pivots, WRB, 4-bar rule, days low etc. And that, in this method our Stop and Reverse points are the same (hence SAR; duh!!).

 

[manojkch]

Re: Saint's Intraday Miniflow - live discussion

Add at 12.30 bar high + add filter ( if long)
SAR at 13.00 bar low- rev filter ( if long)