Going with the Intraday Mini-Flow!!

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pleaseharsh

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

amit good help....just one question y didnt it took 11.00 bar close to conclude move1 down ....? cuz we concluded at 10.30 bar close
 
Re: Saint's Intraday Miniflow - live discussion

I'll give it a shot. I hope to learn myself along with tony.

Answer: Its called move 2. At close of 11.00 bar we concluded that move 1 was down. So, we want to keep our minds open to entering in its reverse direction, call it move 2.

A good point you made that its not a pivot, but still?
If its pivot then its best, but if it aint then we dont sit around for it. Attack, but with appropriate filters.

Some of us are jittery entering in move 2 using small filters. ST suggested its alright to use moving filter in todays case since the 11.30 bar was a pretty weak one, which indicates that bulls are weak. Hence, larger filter.

Keep the questions coming my friend. Always glad to contribute just as one has received. Needless to say, you will have to wait for EOD for better answers.

Amit
Thanks for the reply,it is very kind of you.While the answer was most informative,I'll wait till the end of the day for such questions.
One thing which struck me later was that everybody was watching the 15 min chart while I was on the 30 min.That was silly.
Thanks once again for your patient reply.
 

jamit_05

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

In Intraday NF.

15 min ph crossed.
30 min made a hammer AND broke its high.
hourly is on its way to make a resting bar... 10 min to go.

The above indicate bullish.

ST, now is sf or mf for longs?

Amit.
 

jamit_05

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

Thanks for the reply,it is very kind of you.While the answer was most informative,I'll wait till the end of the day for such questions.
One thing which struck me later was that everybody was watching the 15 min chart while I was on the 30 min.That was silly.
Thanks once again for your patient reply.
30 min chart is to be traded. While 15 and 60 are seen to get an overall sense of the direction (which still alludes me in many ways :)
 
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