Going with the Intraday Mini-Flow!!

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kapil123

Well-Known Member
Dear Saint

Please do clarify this > In case of NF we have 4 down bars in the 30 min as the first move which is down. Now if the 5 th bar i.e 12 o clock bar trades 7 points above 4 th bar high of 3699, do we assume a reversal second move and go long at 3706 or stick to SAR at 15 min pivot of 3736 +7 = 3743.
Even if we go by the 4 bar method, the SAR would be top of the second bar which is 3736 (this coincides with the 15 minute pivot), so the SAR remains at 3743
 
Even if we go by the 4 bar method, the SAR would be top of the second bar which is 3736 (this coincides with the 15 minute pivot), so the SAR remains at 3743
I remember that Saint said if we don't see pivot on the 30 then only we refer to 15. In this case there is a pivot at 3699. So shud we bring the SAR to 3699 +7 = 3706?
 

musicjunkie

Well-Known Member
we don't use 2 bar until the bar is closed. we dont know what this bar will do next, let it close bearish then think of 2 bar.
Spoke to ST bout stops just now (such a great guy), I have my current stops at 3700+7 which is 15min pivot.

MJ-
 

orderflow13

Well-Known Member
we don't use 2 bar until the bar is closed. we dont know what this bar will do next, let it close bearish then think of 2 bar.
Spoke to ST bout stops just now (such a great guy), I have my current stops at 3700+7 which is 15min pivot.

MJ-
10.30,11,11.30,12 ( closed on 12.30 last bar ) i have 4 complete red bars on my chart .. with 10.30 being a hanging man ..
 
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