Re: Saint's Intraday Miniflow - live discussion
ST has already answered your query on the doubts, but on Point 1, I would like to clarify further on how to trade a pivot break. Once you have a pivot say at 2800, entry should be taken at break of this pivot + small filter. But suppose this is not taken out and we get a pivot at 2803, then we take a trade on break of 2803 + small filter.
ST,
Thanks. I have a doubt about two more situations too.
1.
Suppose we have an entry (or a SAR) based on a pivot (say 2800) at (2800 + 7). Now market takes out the pivot, but does not hit trigger. In this example say the price goes to 2803 and then that bar completes. Then the entry/SAR should be updated to 2803 + 7. Many times I have seen in live thread that people leave it at 2800 + 7 only.
This was discussed in post 2986 on this thread.
2.
A WRB at the end of a trend. Say if we are long and there is a WRB on high volumes at then end of an uptrend, followed by a bearish bar. Without bothering about the size of the bearish bar should we exit our position at that bearish bar low -f. I mean exit not reverse. Reversal at the WRB low - f.
This was discussed on post 7400 on the mother thread.
Will be very grateful if you clarify these.
Regards
arm.
Thanks. I have a doubt about two more situations too.
1.
Suppose we have an entry (or a SAR) based on a pivot (say 2800) at (2800 + 7). Now market takes out the pivot, but does not hit trigger. In this example say the price goes to 2803 and then that bar completes. Then the entry/SAR should be updated to 2803 + 7. Many times I have seen in live thread that people leave it at 2800 + 7 only.
This was discussed in post 2986 on this thread.
2.
A WRB at the end of a trend. Say if we are long and there is a WRB on high volumes at then end of an uptrend, followed by a bearish bar. Without bothering about the size of the bearish bar should we exit our position at that bearish bar low -f. I mean exit not reverse. Reversal at the WRB low - f.
This was discussed on post 7400 on the mother thread.
Will be very grateful if you clarify these.
Regards
arm.