Going with the Intraday Mini-Flow!!

[Prabhjeet]

Second Prabhjeet
My orders are identical

EDIT: Now shorts need to trigger, if they dont, add 7 to HOD and go long.
Down move was move 1, if we break HOD filter is 7. Please correct me if Im wrong
MJ-

Have the rules been changed this weekend?. As far as I know our filter remains 14 on either side until we get an entry trigger, then why this 7 + hod??

 

[Satyen]

Have the rules been changed this weekend?. As far as I know our filter remains 14 on either side until we get an entry trigger, then why this 7 + hod??

yes same doubt ...... though not gonr through all the posts


Regards
Satya

 

[musicjunkie]

Have the rules been changed this weekend?. As far as I know our filter remains 14 on either side until we get an entry trigger, then why this 7 + hod??

Okay use filter 14, will take about this 7 filter thing once we enter trade and evrything is less jittery
Sorry for the confusion, I maybe mistaken. Am referring to move1 and move 2

Long order @ 3758+14= 3772

MJ-

 

[ratan jain]

yes same doubt ...... though not gonr through all the posts


Regards
Satya

Saint clarified this in his detailed reply to one of my queries over the weekend..

 

[kapil123]

yes same doubt ...... though not gonr through all the posts


Regards
Satya

No, the rules have not changed. But what they meant was that we have the 1st move as down move (provided this bar's high is less than the previous 5 min bar high). Now if the short did not trigger and we have a up move after that, then the long triggers at high of that bar +7. The reason being there has been reversal of move (though not of trade).

 

[novice1]

Have the rules been changed this weekend?. As far as I know our filter remains 14 on either side until we get an entry trigger, then why this 7 + hod??

See Saint's posts during the weekend

And answers from ST for my queries on this subject

 

[Saint]

Second Prabhjeet
My orders are identical

EDIT: Now shorts need to trigger, if they dont, add 7 to HOD and go long.
Down move was move 1, if we break HOD filter is 7. Please correct me if Im wrong
MJ-

Ah....my high is at 3748.....but consensus here seems to be at 3758.

But other than that,.....correct,my friend.

Only one thing:Would find it very difficult to call this as Move 1 if price just takes off from here and blasts through today's highs..........that is,if the 2nd bar of the day on the 30 just blasts off,would take High + 14 as if this were move 1.But instead,another bar hereabouts,and yes,it would be Price +7 instead.

But yes,you have the concept right.

Saint

 

[kapil123]

Now we would go short at 3684 and long at 3742 (using filter of 7)

 

[rkkarnani]

NOW : Short below 3698 less 14

 

[Prabhjeet]

As per my understanding trigger for shorts is at 3686 and for long its at 3750, anyone with other views can plz. come up