Going with the Intraday Mini-Flow!!

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manojkch

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#12,512
#12,512
Re: Saint's Intraday Miniflow - live discussion

hitesh05 said:
Manoj,
My question is why u both differ in applying filter value?
Click to expand...
Hitesh,
at after11.00 am, Harsh was treating it as pivot, hence he utilised RF ( smaller filter) for short.
For me, move one was not over and it was a weak down move and I was treating is as a weak pivot, hence I preferred it to apply MF ( larger filter )
 
jatayoo

jatayoo

Well-Known Member
#12,514
#12,514
Re: Saint's Intraday Miniflow - live discussion

manojkch said:
In my opinon,
We can not call it as first move because,
1) It didn't crossed our MF
2) 10.00 bar high and 10.30 bar high are almost same( not giving a clear downwards direction)
3)Many people are waiting till 11.00 to 11.30 am to get a clear direction ( one sided) of the move. At this movement , it is not showing unidirectional movement.
4) The pivot formed is not of that quality (visually) for which we can utilize RF.
Click to expand...
bar 4 in formation appears to have broken 2561.5 the level to go short.
Am i right???
pl comment.
 
pleaseharsh

pleaseharsh

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#12,516
#12,516
Re: Saint's Intraday Miniflow - live discussion

exactly agree with manoj....i will put as the perspective can never be wrong , just our entry at wrong place/time proves wrong....
 
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