Going with the Intraday Mini-Flow!!

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myvineet

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

Hello Vineet,

Pls recall the day when Saint said that continous bars down do not make a move. There has to be a sort of a trend; down moves with pauses. Once that happens one can reverse with sf atop the last pause (a small or a big pivot).

Pls correct the above.

Amit.
amit, how can i correct sanit sir's stastement....difference is between do you see pauses in trend or not ....

no problem ..market will certainly join us again..

vineet
 
Re: Saint's Intraday Miniflow - live discussion

ST

About this lines

"I trade because I am too lazy to work...and too honest to steal.... Larry Williams "


How can you called urself lazy when these knowladge mining was there

:clapping:

John Varghese
 

jamit_05

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

amit, how can i correct sanit sir's stastement....difference is between do you see pauses in trend or not ....

no problem ..market will certainly join us again..

vineet
True.

However, what I was trying to understand from this conversation is that is it absolutely necessary to have a pivot, however small, to make use of move 1? I mean, if there is no pivot and the prices start to rally down on open then we wait for days high to break since there is no pivot in between. Is that correct? I was a little hazy there, cuz early on I somehow understood that we could even reverse at a previous bar high+sf.

Now, I guess there is no reason to be hazy as Saint and ST both have made clear that there have to be pivots... (correct no? :)
 
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