Going with the Intraday Mini-Flow!!

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hitesh05

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

Plz anyon tell me the accuracy of pivot afl posted by lee, so it will be easier fr me to trace pivotes...
 

jamit_05

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

A good question came to mind regarding the resting bar concept.

Does today qualify as a hammer type reversal or a resting bar type.

We have a WRB in hourly, followed by a hammer, should the SAR be placed at the hammer high+rf?

OR

IF the WRB is reversed for the most part by the next hourly bullish bar. Then we buy above the high of the bullish bar considering the bullish bar as a resting one.

Comments pls.
 

pleaseharsh

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

A good question came to mind regarding the resting bar concept.

Does today qualify as a hammer type reversal or a resting bar type.

We have a WRB in hourly, followed by a hammer, should the SAR be placed at the hammer high+rf?

OR

IF the WRB is reversed for the most part by the next hourly bullish bar. Then we buy above the high of the bullish bar considering the bullish bar as a resting one.

Comments pls.
amit
1) that isn't a hammer....
2) resting bar should be in level to prev wrb along with good 50/60 % height...if yes the bullish bar qualifies to that level..we can go for reversal..but need some support from 30tf too...my views...
 
Re: Saint's Intraday Miniflow - live discussion

A good question came to mind regarding the resting bar concept.

Does today qualify as a hammer type reversal or a resting bar type.

We have a WRB in hourly, followed by a hammer, should the SAR be placed at the hammer high+rf?

OR

IF the WRB is reversed for the most part by the next hourly bullish bar. Then we buy above the high of the bullish bar considering the bullish bar as a resting one.

Comments pls.
Good question,our SAR should be above WRB high and not at resting bar's high. We would have kept at resting bar's high if resting bar had closed above 50 % of WRB which was not so in today's case.

ST
 

manojkch

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

Good question,our SAR should be above WRB high and not at resting bar's high. We would have kept at resting bar's high if resting bar had closed above 50 % of WRB which was not so in today's case.

ST
Sir, you mean to say that such reversal is applicable to any WRB which gets negated by more than 50%. ?
I used to think that this reversal is applicable to only the pivot breakout bar/ pivot breakout WRB.
 
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