Going with the Intraday Mini-Flow!!

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jamit_05

jamit_05

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#12,598
#12,598
Re: Saint's Intraday Miniflow - live discussion

Today again has been remarkable learning day. Things learned:

1) Regarding catching reversals in hourly:
case 1: hourly WRB is followed by a hammer/doji. Put stop not above the hammer but above the WRB.

case 2: hourly WRB is followed by a resting bar (defined by its BODY=atleast 50% of the WRb in opposite direction.) Put SAR at high of this resting bar.

2) Regarding trading a pivot. Here one tends to get overtly technical. But, ST lays all the commotion to rest by simply saying, in intraday take all pivots small or big.

3) The entry order put at sf pts below a pivot does not shift, unless a lower pivot is formed before the entry is filled.

Will keep adding points to this very post as days progress. Keeping all the points open to comments, more corrective the better.

Amit.
 
Smart_trade

Smart_trade

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#12,599
#12,599
Re: Saint's Intraday Miniflow - live discussion

rag_bh said:
Isn't it great. you need capital of less than 5 lakhs to trade 20-25 lots.
Click to expand...
That is the margin money required. Make no mistake, if you go with proper money management,you require min 20 Lacs capital to trade 20 lots NF

ST
 
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