Going with the Intraday Mini-Flow!!

[Prabhjeet]

I think the 4th bar is still not complete

Though 4th bar is not complete but low of 3rd bar already been breached

 

[milkyblack]

Hi VPS while posted it ahs 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

Well Satya... now it crossed that is very much visible ... but when I posted it did cross the low of 38.1 and made a terminal low of 35.xx

Which is why I posted 4 bar method... Not in any anticipation...

Regards

 

[milkyblack]

VP,Kapil

I hope now you got your doubts cleared by Prabhijeet, Satya... all explained the concept

Regards

 

[rkkarnani]

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

Regards

Dont think so, not till the 11.30 bar is completed!!! We still have 3 complete bars only!! There are no Pivots in 20/15, wait till 11.30, i.e after the mkt opens we move our SL to 3991!!!

 

[vpsarathy]

Well Satya... now it crossed that is very much visible ... but when I posted it did cross the low of 38.1 and made a terminal low of 35.xx

Which is why I posted 4 bar method... Not in any anticipation...

Regards

MB,

My understanding was the 4th bar has to completely form. Your contention that it has crossed the low of 3rd bar so we can change SL means, there is shortcoming in my following the rules. Thanks for pointing it out

vps

 

[rkkarnani]

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

Okay, was waiting for the 4th bar to complete!!! It is a SAR, we go long above it!!!

 

[milkyblack]

Dont think so, not till the 11.30 bar is completed!!! We still have 3 complete bars only!! There are no Pivots in 20/15, wait till 11.30, i.e after the mkt opens we move our SL to 3991!!!

RK Sir,

Beg to differ here...

Concept:
L4<L3<L2<L1 AND
H4<H3<H2<H1

We move SL to H2+5

Regards

 

[rkkarnani]

where do we book part profit!!!

 

[Satyen]

Well Satya... now it crossed that is very much visible ... but when I posted it did cross the low of 38.1 and made a terminal low of 35.xx

Which is why I posted 4 bar method... Not in any anticipation...

Regards

Hey MB i know you but mistake was mine i think while i saw the cadle it was a green though body of candle very smal so did not checked the high low

Regards
Satya

 

[kapil123]

RK Sir,

Beg to differ here...

Concept:
L4<L3<L2<L1 AND
H4<H3<H2<H1

We move SL to H2+5

Regards

MB,

Agree with you, There was some kind of problem in my charts and low was breached after I posted. Anyways, completely agree with you on this.