Going with the Intraday Mini-Flow!!

[jatayoo]

Re: Intraday Miniflow Trades for Today: Saint's Method

Dear ST
1) How do we look upon the 1145 BAR ( 15 MIN LOWER timeframe) that gives the long signal....
A BIT RISKY NO DOUBT.

 

[Smart_trade]

Re: Intraday Miniflow Trades for Today: Saint's Method

Dear ST
1) How do we look upon the 1145 BAR ( 15 MIN LOWER timeframe) that gives the long signal....
A BIT RISKY NO DOUBT.

11:15 bar on 15 min you mean ? Yes that was a PH on 15 min TF and break of that in 12:00 noon bar would have given us a great long entry

Great eye.... appreciate very much....

Best Wishes,

Smart_trade

 

[humble]

Re: Intraday Miniflow Trades for Today: Saint's Method

Posting miniflow trades NF 13-03-09

Best Wishes... Trade well...

Smart_trade

ST sir, thanks a lot for the detailed chart.

Until 12.00 in the 30 TF's there was no pivot high/low formed, so we are supposed to use the "Moving Filter".
After the 12.00 pivot High in the 30 TF, we can use the "Small Filter".
-Corresponding rule, we should watch for the "Pivot High/Lows" or "Bar-to-Bar with move 1 and move 2". Once either of these occurs, "Small Filter" comes in to play, if we have not yet entered the trade with the "Moving Filter".

We "enter" the trade "long" on the "1.30" bar. Now according to the "2 bar rule" specified at "http://www.traderji.com/futures/24457-companion-guide-saints-60-minutes-flow-2.html", we should wait for the 3rd bar i.e the "2.30" bar to complete and enter the SAR as the "low" of the first bar i.e "1.30" bar.

Sir can you please confirm whether we should wait for the "2.30" bar to complete to enter a stop?

Also incase, lets say a hypothetical situation, if the 2 bar rule does not apply, should the SAR be "current bar low - sf"? I am a bit confused about SAR and still learning it.

Regards,
-Sri

 

[bijovyppil]

Re: Saint's Intraday Miniflow - live discussion

Cant resist to tell that this man showed the way...for many like me.. I know many of them treat him like God,since the "god " changed their life.. I salute him for his humanity........

( will delete the image\post if i am doing any thing wrong.. pardon sir, as p.m is not available.. i cant ask ur permission )

 

[Smart_trade]

Re: Intraday Miniflow Trades for Today: Saint's Method

ST sir, thanks a lot for the detailed chart.

Until 12.00 in the 30 TF's there was no pivot high/low formed, so we are supposed to use the "Moving Filter".
After the 12.00 pivot High in the 30 TF, we can use the "Small Filter".
-Corresponding rule, we should watch for the "Pivot High/Lows" or "Bar-to-Bar with move 1 and move 2". Once either of these occurs, "Small Filter" comes in to play, if we have not yet entered the trade with the "Moving Filter".

We "enter" the trade "long" on the "1.30" bar. Now according to the "2 bar rule" specified at "http://www.traderji.com/futures/24457-companion-guide-saints-60-minutes-flow-2.html", we should wait for the 3rd bar i.e the "2.30" bar to complete and enter the SAR as the "low" of the first bar i.e "1.30" bar.

Sir can you please confirm whether we should wait for the "2.30" bar to complete to enter a stop?

Also incase, lets say a hypothetical situation, if the 2 bar rule does not apply, should the SAR be "current bar low - sf"? I am a bit confused about SAR and still learning it.

Regards,
-Sri

Hello Sri,

After the pivots are formed on 30 min bar,we use small filter all the way to enter the first trade if it is not entered already by moving filter. But this small filter is also moved bar by bar to trigger entry.

1:30 bar broke the PH but not PH +sf. So we moved sf to 1:30 bar's high +sf which was triggered in 2 :00 bar. At the time of this entry our SAR was PL.For 2 bars rule to be applied it is necessary to wait till the close of 4 th bar and from 5 th bar onwards,the monent high/low of previous bar was broken,we can move SAR ( in our case the moment high of previous bar is broken,move SAR without waiting for close.

So when 2:30 bar was complete,we had already completed 4 bars required in 2 bars rule. So trail the SAR to 1:30 bar low -sf.After 3 bar high broke 2:30 bar's high,shift SAR to 2:00 bar's low -sf and so on....We are not waiting for 2:30 bar to complete to place our SAR ( we placed it at PL) but we are waiting for moving our SAR up on 2 bars rule... Clear ?

SAR should never be current bar's low -sf. Markets need space to move around till they mature and go to give you full profits. Current bars low will take you out prematurely and reversal will be wrong. If there is nothing nearby, keep last 60 min low as SAR.

Hope I have answered all your querries.

Best Wishes,

Smart_trade

 

[humble]

Re: Intraday Miniflow Trades for Today: Saint's Method

Hello Sri,

After the pivots are formed on 30 min bar,we use small filter all the way to enter the first trade if it is not entered already by moving filter. But this small filter is also moved bar by bar to trigger entry.

1:30 bar broke the PH but not PH +sf. So we moved sf to 1:30 bar's high +sf which was triggered in 2 :00 bar. At the time of this entry our SAR was PL.For 2 bars rule to be applied it is necessary to wait till the close of 4 th bar and from 5 th bar onwards,the monent high/low of previous bar was broken,we can move SAR ( in our case the moment high of previous bar is broken,move SAR without waiting for close.

So when 2:30 bar was complete,we had already completed 4 bars required in 2 bars rule. So trail the SAR to 1:30 bar low -sf.After 3 bar high broke 2:30 bar's high,shift SAR to 2:00 bar's low -sf and so on....We are not waiting for 2:30 bar to complete to place our SAR ( we placed it at PL) but we are waiting for moving our SAR up on 2 bars rule... Clear ?

SAR should never be current bar's low -sf. Markets need space to move around till they mature and go to give you full profits. Current bars low will take you out prematurely and reversal will be wrong. If there is nothing nearby, keep last 60 min low as SAR.

Hope I have answered all your querries.

Best Wishes,

Smart_trade

ST sir, wonderful . Thanks for explaining in such simplicity . Your guidance much appreciated.

Regards,
-Sri

 

[vinst]

Re: Saint's Intraday Miniflow - live discussion

Hi ST, Manoj & Flow Folks,

NF On The 12th High Was 2636.90 & Todays Open Was 2650 & Close Was 2716.20 Therefore, In Next Few Trading Sessions This Gap Must Get Closed.
Same With BankNifty.

So Do Be Cautious About This Gap, Maybe You Can Take Advantage Of It On An Intraday Trade To Get Back To The Bigger Trend.

Happy & Safer Trading

SavantGarde

could this gap remain open like a breakaway gap? though there was no large range to say it is breakaway gap.

regards,
vin

 

[Saint]

Re: Saint's Intraday Miniflow - live discussion

Cant resist to tell that this man showed the way...for many like me.. I know many of them treat him like God,since the "god " changed their life.. I salute him for his humanity........

( will delete the image\post if i am doing any thing wrong.. pardon sir, as p.m is not available.. i cant ask ur permission )

Thank you for your very kind words,Bijo.......don't deserve most of them though.Removed the photo,not because it is against rules or anything,....more so that the focus is on the method,not the person.

Take care,and all the best!

Saint

 

[HEM]

Re: Intraday Miniflow Trades for Today: Saint's Method

Hello Sri,

After the pivots are formed on 30 min bar,we use small filter all the way to enter the first trade if it is not entered already by moving filter. But this small filter is also moved bar by bar to trigger entry.

1:30 bar broke the PH but not PH +sf. So we moved sf to 1:30 bar's high +sf which was triggered in 2 :00 bar. At the time of this entry our SAR was PL.For 2 bars rule to be applied it is necessary to wait till the close of 4 th bar and from 5 th bar onwards,the monent high/low of previous bar was broken,we can move SAR ( in our case the moment high of previous bar is broken,move SAR without waiting for close.

So when 2:30 bar was complete,we had already completed 4 bars required in 2 bars rule. So trail the SAR to 1:30 bar low -sf.After 3 bar high broke 2:30 bar's high,shift SAR to 2:00 bar's low -sf and so on....We are not waiting for 2:30 bar to complete to place our SAR ( we placed it at PL) but we are waiting for moving our SAR up on 2 bars rule... Clear ?

SAR should never be current bar's low -sf. Markets need space to move around till they mature and go to give you full profits. Current bars low will take you out prematurely and reversal will be wrong. If there is nothing nearby, keep last 60 min low as SAR.

Hope I have answered all your querries.

Best Wishes,

Smart_trade

ST,the way of explaining is wonderful. :thumb:

 

[HEM]

Re: Intraday Miniflow Trades for Today: Saint's Method

Till that time, since there was no clear move in either direction, we were using the big filter to go long above the 11am and then 11.30am bar. And so the trade never triggered till 12 o' clock bar and we had a trade only when pivot was taken out using small filter.

kapil,very good explaination. :thumb: