Going with the Intraday Mini-Flow!!

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Vineet

Looking like we are getting a PL at 1230 bar

SAR still 1130?

jv

absolutely sir ..it can't be pivot low before 13.30....

vineet

 

[jatayoo]

Re: Saint's Intraday Miniflow - live discussion

Nope my friend...not correct. let me explain.

This actually is a 2 bar rule but somewhere someone started calling it 4 bar rule and some say 2 bars...some 4 bars...same rule.

The rule is NOT for fresh entry but it is for stoploss for existing position. We will take example for long position.Suppose you have a sequence of 4 consecutive bars with HH ,HL ,steep rise with a WRB possibly,no pivot lows in the viccinity,then on completion og 4 th bar, you can shift your SAR for your long position to the low of a bar 2 bars ago ie 2nd bar low-f. Once 5th bar makes a new high (from 5th bar onwards,you need not wait for bar to close )you can shift SAR to low of 2 bars back ie low of 3rd bar -f .....so on so forth. Mirror image for short position

Best Wishes,

Smart_trade

Got it
THANKS.
:clapping::clapping:

 

[kinkhab]

Re: Saint's Intraday Miniflow - live discussion

Sell short trigger in Bank Nifty (11:00 bar low - Filter)
Please ST sir comment am I right or some mistake

Thanks
Kinkhab

 

[jatayoo]

Re: Saint's Intraday Miniflow - live discussion

Your SAR was placed at a wrong place. You should have kept at 10:30 bar low on WRB and 2 bars rule both critaria....this SAR was never challenged. You probably kept your SAR wrongly ar 11:00 bar low -f which was challenged and you got saved narrowly.

You should have added above 10:30 bar's high....then you have sideways movement and again a good thrust in the end. Pretty simple to trade if you keep your SAR correctly.

Smart Trade

Absolutely Correct.
I just got saved.
Looks like I have to polish my funda's on the SAR and 4/2 bar concepts.
THANKS.:clapping::clapping:

 

[sdebu_2000]

Re: Saint's Intraday Miniflow - live discussion

Jatayoo sir,
is it u? (I mean ur profile pic)?

 

[Smart_trade]

Re: Saint's Intraday Miniflow - live discussion

Sell short trigger in Bank Nifty (11:00 bar low - Filter)
Please ST sir comment am I right or some mistake

Thanks
Kinkhab

SAR should have been at 10:30 low for Bank nifty on 2 bars rule. 12:00 bar has not made HH.

ST

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

SAR in nifty got saved by a whisker, 1 pt. lets see now....

 

[kinkhab]

Re: Saint's Intraday Miniflow - live discussion

so taking wrong position and so close all positions

Thanks St sir

Kinkhab

 

[rahul_mail]

Re: Saint's Intraday Miniflow - live discussion

SAR should have been at 10:30 low for Bank nifty on 2 bars rule. 12:00 bar has not made HH.

ST

This clarifies my doubt as well... Thanks.

 

[jatayoo]

Re: Saint's Intraday Miniflow - live discussion

absolutely sir ..it can't be pivot low before 13.30....

vineet

The 1 PM bar stopped short by just 1 point from the 11.30 SAR.
If 1.30 bar forms a pivot then the SAR can be shifted to the low of 1 PM BAR - SF.:clapping:
OK?????