Going with the Intraday Mini-Flow!!

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aimer

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

seniors,
when ever u r free plz post the filters for reliance capital , lt and hdil.
its a request.
its not urgent now. when ever free just put in here so that i can check it.
Thanks in advance
Raj
 
Re: Saint's Intraday Miniflow - live discussion

Well done everyone....party time tonight.....All traded well...credit goes to every indivisual trader because s/he believed in the method and pulled the trigger.

Take care....

ST
 
Re: Saint's Intraday Miniflow - live discussion

BELLY DANCE OF BEARS... I still cannot get out of my mind the image of Big Fat Gujju brokers belly dancing... :)
Why do you have to think of boring fat gujju brokers belly dancing? Think of a young,cute thing ,sponsored by bears, belly dancing....;) Thoda aur wish karo....dish karo....

ST:lol:
 
Re: Saint's Intraday Miniflow - live discussion

I too only am a baccha here :)
Imagine, the only guy on this thread who has personally met Saint saying this :thumb:
 

Sunil

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

Some of the signs are as under :

1) Market opens near the low or high. In a big bearish day like yesterday,market opens and finds it difficult to make any progress on the up side In big bullish days,market opens,does not dip much,and starts climbing. So the open to low/high is your first sign of a large trending day.

2) The movement is in one direction,no reversals in between....

3) A few large bars,WRBs

4) Observe yesterdays market action....market comes down,goes sideways distribution,attempts very feeble rally and crashes big....and the process gets repeated 2-3 times.

5) Large volumes on bars in direction of trend....volume dries up in the reverse move.

6) It has been my observation that market gives a countertrend move between 2-2:30. On large range days,this move is either absent or is very feeble. That tells you that in yesterdays case....all the hopefuls who have bought in every dip are trapped and they will get panicky and it is their selling long positions/doubling which is going to give you a big thrust between 3:00 and 3:30. You have known that you will have great time between 3:00 and 3:30 and all trapped traders are going to work for you....So just sit back and let them work to your advantage.... It is a great fun identifying this and encashing this situation...

7) You can feel the traction or torque the mkt develops on large range days.

Best wishes,

Smart_trade
Was reminded of your post today, ST... Also, the inability to break yesterday's low at open gave the initial clue.

:hug:
 
Re: Saint's Intraday Miniflow - live discussion

Imagine, the only guy on this thread who has personally met Saint (and coached by him) saying this :thumb:
Ha Ha ...good one , PK

ST
 
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