Going with the Intraday Mini-Flow!!

[musicjunkie]

MJ,

Can you for the benefit of novices like me summarise the process as a process flow chart after the end of the market

Thanks in advance

Come on Novice! Im just as new to this method as you or anyone else.

But I will try to make one by evening and post it. IT will help clear my concepts here.
And with saint around, If I have faltered anywhere he will correct me.

MJ-

 

[vpsarathy]

RakeshLuthra,

Is 2 bar method clear to you? To apply this do we have to wait for the fourth bar to complete or if it crosses 3rdBar's low downwards it is enough? Still there is no clear cut direction from Saint on this.

Let ONLY either Rakesh or Saint answer this question. Thank you.

vps

 

[Prabhjeet]

Train is coming for us again, lets see where it stops

 

[vpsarathy]

The current greeen bar is a WRB 3880 TO 3932??

VPS

 

[ThE HaMmEr]

The current greeen bar is a WRB 3889 TO 3932??

VPS

visually i donn think so..(and also let it complete)......and abt WRB differenciate b/w yesterdays 1 p.m bar(which is a WRB) and this bar...... u will get the diff.....

 

[novice1]

At 3952 (if and when it happens) do we SAR ? Meaning do we go long there ?

Regards

 

[rakeshluthra430]

RakeshLuthra,

Is 2 bar method clear to you? T apply this do we have to wait for the fourth bar to complete or if it crosses 3rdBar's low downwards it is enough? Still there is no clear cut direction from Saint on this.

Let ONLY either Rakesh or Saint answer this question. Thank you.

vps

seems as if you are trying to test my understanding of this system, though i am sure thats not the case.

See...how I see it is...on the 30 min, once we get a clear unidirectional trend, lets say we are short...and we should be making successive lower highs and lows, only then sould we move our stops by the 2 bar method.
Now what happens if we make lower lows (in downtrend), but not lower highs? In that case, we suspend this 2bar method. We ideally want both..but getting lower highs is more important. Likewise, if we are Long...we should be looking at making successive higher lows.

One more thing....I am as new to this system as anybody else here is. So I would love to be pointed out wrong. Aim is to learn...not to boost our egos by thinking we are right everytime.

Thanks a lot,

Rakesh

 

[vpsarathy]

visually i donn think so..(and also let it complete)......and abt WRB differenciate b/w yesterdays 1 p.m bar(which is a WRB) and this bar...... u will get the diff.....

Neeraj, thehigh is at 3943. more than 60pts above the Low. Two days back a senior said that diff shld be 50 pts. Now what?

vps

 

[uthuman]

At 3952 (if and when it happens) do we SAR ? Meaning do we go long there ?

Regards

Yes. If it breaks 3952 we will be long.

 

[ThE HaMmEr]

we are now long at 3945 + 7 (which was sl)


can sum 1 please explain the sl for this......???