Going with the Intraday Mini-Flow!!

[gsri]

My second bar High is 3736 and low is 3700 .
So long at 3736 +7 or short at 3700 -14 ?
Is it correct ??

 

[lvgandhi]

now after 10:30 bar
long above 3736+7=3743
short below 3698-14=3684

 

[musicjunkie]

Thanks Kapil Novice

Did not want to clarify during market hours as can cause serious confusions. We are trading with real money.

MJ-

 

[gsri]

Prabhjeet , IF long is considered move 2 shouldn"t entry be 3736+7=3743

 

[yashodhan]

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

same here. as 2nd bar high 3736 and low 3700

 

[Saint]

now after 10:30 bar
long above 3736+7=3743
short below 3698-14=3684

Thanx LV.

Saint

 

[Prabhjeet]

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

Saint, the concept has not fully gone down my mind. I missed the discussion over the weekend, have to go back now and read whatever happened

 

[lvgandhi]

Thanx LV.

Saint

Now I am happy that my understanding is becoming correct.

 

[Prabhjeet]

Ok MJ, GSRI all of you are correct. Triggers for longs at 3736+7= 3743

 

[lvgandhi]

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

For me data feed chart tells 3748. But NSE data from broker says high is 3758.