Going with the Intraday Mini-Flow!!

[milkyblack]

Today's initial Risk is of 48 points...
If going by 10L of capital... that is what Saint takes... the risk should be within 1-1.5% which is 10K to 15k... accordingly one takes position of 4 lots to 6 lots ( 1 or 1.5 % )
there after the trail SL has not reduced and if taken a fresh add the risk is beyond 1.5% ... so ideally following MM ... this add has to be avoided... as does not fit to RR ... but the system says to add... below the bar... now the trigger is on individuals finger...

Regards

 

[Prabhjeet]

JPA giving good moves as yet,lets see how day ends

 

[rishig38]

JPA giving good moves as yet,lets see how day ends

What is the new SAR level for JPA?? Do we have any adds yet?

 

[milkyblack]

NF formed 4 down bars in a row... Trailing SL to 2 bar... Current trigger SL 3991

Regards

 

[Prabhjeet]

SAR for JPA AT 118 + 0.5, 2 BAR STOPLOSS

 

[Satyen]

If current 30 min bar crosses low of previous bar then it will 4 down bar on 30 min so can we use 2 bar rule ????


Regards
Satya

 

[kapil123]

NF formed 4 down bars in a row... Trailing SL to 2 bar... Current trigger SL 3991

Regards

I think the 4th bar is still not complete

 

[Prabhjeet]

If current 30 min bar crosses low of previous bar then it will 4 down bar on 30 min so can we use 2 bar rule ????


Regards
Satya

30 min bar crossed, now SAR can be brought down to 3984 + 7 = 3991

 

[Satyen]

MB,
Where has the 4th bar been formed??You may consider it complete only at 11.25am.
vps

Hi VPS while posted last messege it has not crossed low of prev bar now it has crossed the low so think Milky is right we can move our stop below


Reagrds
Satya

 

[milkyblack]

If current 30 min bar crosses low of previous bar then it will 4 down bar on 30 min so can we use 2 bar rule ????


Regards
Satya

Yes Satya... the basics that we learned... implemented here... once cross low... made 4 bars even not complete... use 2 bar...

Regards