Going with the Intraday Mini-Flow!!

[lvgandhi]

Re: Saint's Intraday Miniflow - live discussion

As 11:00 NF bar is inside bar, no action needed.

 

[lvgandhi]

Re: Saint's Intraday Miniflow - live discussion

again we have a PH at10:30 bar(30 & 15 min).

Hemant

Yes. In 15 min chart.

 

[Saint]

Re: Saint's Intraday Miniflow - live discussion

No Hari....frankly I am not clear as to why Saint is saying no to the short trade we did in Bank Nifty on 5th May 2009 as 15 min pivot cracked and 60 min bar was a big bearish candle and was clearly in agreement to short trade....only 30 min had posted a white previous candle (previous to the breakdown....) This trade was not there in NF that day....only Bank Nifty had this situation...

This point i want to discuss with Saint may be when he is free on Weekend as it is a very important point....whether we should have 15/30/60 all TF in agreement instead of atleast 2 we see or something suttle I am missing....It is important that we understand this TFA clearly and remove the gaps in our understanding as it is very important to understand the concept for our future trades....

I am silently pondering over this issue for last 2 days....many a times things become clear in 1-2 days of thinking...but no luck this time....will talk to Saint sir soon.

Smart_trade

Let's keep it for the weekend,ST at TS......please remind me again on Friday.Thanks again....

Saint

 

[nebujvs]

Re: Saint's Intraday Miniflow - live discussion

again we have a PH at 10:30 bar(30 & 15 min).

Hemant

ST DA

One doubt on todays and y'days PH on 10 30 bar.

How it became PH when 11am bar is not LL

pivot need LH & LL ?

JV

 

[HEM]

Re: Saint's Intraday Miniflow - live discussion

Yes. In 15 min chart.

LV in 30 min chart also.

 

[Saint]

Re: Saint's Intraday Miniflow - live discussion

Hitesh...God willing you will be 100 times of what I am...you guys are lucky that you got Saint who is a king of trading and others in this forum to guide you when you are starting out...I remember when I started out in own trading....I had no one to guide me...I used to get books like Murphy,Pring,Demark etc from my friends who were going abroad and read all technical analysis,and try out everything....you have much shorter learning curve with so good guidence...

And teachers title only Saint deserves...I am only carrying out his tradition in the best way I can...

All the best...

ST

Ah,yes,the intention and motive of this exercise is to cut the learning curve by half or three-fourths in the newer traders when compared to my looooooong learning curve.........and so happy to see the guts and the will to succeed in these young newer traders.....Very happy....Keep it up,everyone.

But no Teacher's Title,or Guru tag for me...........we are all teaching and learning from each other,some of us are a bit ahead,and some are new at this all.Those of us who are a bit ahead are to help those of us who are a bit new.............We are all students of the Market,of Life.All equals here.

Wishing you all the very best!

Saint

 

[nebujvs]

Re: Saint's Intraday Miniflow - live discussion

ST DA

One doubt on todays and y'days PH on 10 30 bar.

How it became PH when 11am bar is not LL

pivot need LH & LL ?

JV

Now Today PH seen to be ok with 30Mint

But How Y'days?

Pls Guide me

JV

 

[lvgandhi]

Re: Saint's Intraday Miniflow - live discussion

LV in 30 min chart also.

After completion of 11:30 bar. In my 30 min chart, 11:00 bar is an inside bar. 10:30 bar to become a PH, at least there should be bar having lower low than that of 10:30 bar. If 11:30 bar doesn't finish higher than 10:30 bar then we can say, I hope, 10:30 bar is PH in 30 min chart.

 

[Smart_trade]

Re: Saint's Intraday Miniflow - live discussion

ST DA

One doubt on todays and y'days PH on 10 30 bar.

How it became PH when 11am bar is not LL

pivot need LH & LL ?

JV

No John, in miniflow we are little liberal on pivot defination and a PH is a bar which has bars of lower highs on either side or a long sideways consolidation....what you say is right in 60 min flow pivot defination...

ST

 

[bijovyppil]

Re: Saint's Intraday Miniflow - live discussion

Now pivot 10.30 became pivot high!!