Going with the Intraday Mini-Flow!!

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uthuman

uthuman

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#2,141
#2,141
lvgandhi said:
Dear Saint,
This is once again with ref to SEP2008 chart posted by you.
For Sep 9th, in my chart
10:00 h 4458.35 l 4448.1
10:30 h 4466 l 4440.95 Red candle.
11:00 h 4462 l 4447.8
11:30 h 4472.4 l 4455.8

As per your chart, long at 4462 and add at 4478.
I would like to know how the entry value was arrived at. Either my chart values are wrong OR I am missing something. Kindly educate me regarding the entry.
Click to expand...
Saint said:
Thanx LV........mistake there.

Your 14 point moving filter keeps you out of the trade till 4490,and close at 4488.........That 4458 high was accidentally seen as 4448,thanx again.

Saint
Click to expand...
Dear Saint,
With ref.to 9th sep.chart,
1st bar H 4458.35 / L4448.1
2nd bar H 4466 / L 4440.95 Red candle.
3rd bar H 4462 / L 4447.8
4th bar H 4472.4/L 4455.8

Here 3rd bar is move 2 correct? Hence for long is 4462 + room 7 = 4469 for short 4447.8-7=4440.8. Hence long should have triggered at the 4th bar. Then how will we be our of the trade till 4490? Pl.explain.
 
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rkkarnani

Well-Known Member
#2,142
#2,142
uthuman said:
Dear Saint,
With ref.to 9th sep.chart,
1st bar H 4458.35 / L4448.1
2nd bar H 4466 / L 4440.95 Red candle.
3rd bar H 4462 / L 4447.8
4th bar H 4472.4/L 4455.8

Here 3rd bar is move 2 correct? Hence for long is 4462 + room 7 = 4469 for short 4447.8-7=4440.8. Hence long should have triggered at the 4th bar. Then how will we be our of the trade till 4490? Pl.explain.
Click to expand...
Hi Uthuman, Dont have the charts in front of me but the levels posted by you suggests that the Bar three was formed when the market did not 'go anywhere'!!! The bar three was within the range of bar 2!!! We cannot call it a 'move' at all!!! The long trigger was still at 4466+14=4480, and then 4472.40+14 and then went on to high of 12.30 bar + 14=4491!!

Do note that in this case even short trigger was also on till bar3 with a 14 point filter : 4440.95-14 (Low of bar2 less 14).

Bar2 in fact moved both up and down and broke the levels of bar1 on up and down both!!! Whereever the market moved thereafter , up or down our first trade would we with 14 points filter till the price took a direction at bar4 on the upside, now ofcourse the short would have been with 7 points filter!!!
We would consider the movement of bar3 as a 'move' had it broken the high or low of the bar2!!!!
 
M

MARUTIMANE

Active Member
#2,143
#2,143
I request sr.members please provide some 5 (liquide) stocks with filters which are to be followed by mini flow system. The members who are not able to take contract can play in cash with minimum qty.

Maruti Mane
 
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