Going with the Intraday Mini-Flow!!

[orderflow13]

Hi Alex,

Flirting with MM ? Be careful too risky !!!

Find out something else to flirt with

Smart_trade

cant help born philanderer lol ..

 

[rh6996]

Have been trading this System, but unlike 60 minutes flow that I also trade and look for guidance by the Posts made inthe thread, here I do not look at the levels while trading, though try to understand my errors and omissions after the market!!! (or during the break in Sun outage)!!
Am trading just 50 Nifty (1 lot) and add 1 too. Plan to upgrade to 500+500 from Jan 2009 contract.

Have read the post by rkkarnani in reply to uthuman!!! Wish to know if he is correct in his views, that his views are as per the on going rules and is not a tweak offered by him!!! I am always a bit wary and skepticle of the posts by rkkarnani and hence this request to all ans specially Saint to confirm the authenticity of the view posted by rkk!!! The highlighted portion about Short also being ON at that stage, is that correct too!!!
rkkarnani no malice towards you but just need to be sure, after all real money is involved here!!! Moreover you have replied without looking at the chart but by just the levels posted by uthuman!!!

Query:

Quote:
Originally Posted by uthuman
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.

Reply:

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!!!!

 

[orderflow13]

Draw up your MM Plan tonight and stick to the Plan......too much of "I basically think.......,I feel that....,My opinion is......." will come in between you and putting on a good trade.

Yes,too much opinions means too much "I".....have a Plan,be rigid about it,stick to it come what may.

Saint

Thanks Saint sir.
Eye opener as i found out i dont have a separate account for intra day trading, as i have very different systems for trade positionally and trade intraday. Will sure make decision making tree tonight.

 

[rakeshluthra430]

Have read the post by rkkarnani in reply to uthuman!!! Wish to know if he is correct in his views, that his views are as per the on going rules and is not a tweak offered by him!!! I am always a bit wary and skepticle of the posts by rkkarnani and hence this request to all ans specially Saint to confirm the authenticity of the view posted by rkk!!! The highlighted portion about Short also being ON at that stage, is that correct too!!!
rkkarnani no malice towards you but just need to be sure, after all real money is involved here!!! Moreover you have replied without looking at the chart but by just the levels posted by uthuman!!!

Query:

Reply:

rh69.96,
You could have simply said that what RK said seems incorrect and needs to be replied again for better clarity..from Saint. There is no need to express our personal views about others here...that doesnt serve any purpose I think.

If you feel someone is wrong, you can chose to ignore his posts, that will save you from getting confused/offended/irritated/fumed/...

Grow up man

Rakesh

 

[ThE HaMmEr]

Thanks Saint sir.
Eye opener as i found out i dont have a separate account for intra day trading, as i have very different systems for trade positionally and trade intraday. Will sure make decision making tree tonight.

and share it with us also alex ............

 

[Smart_trade]

In next bar (30 min ) I look forward to add at this bars low-5 and bring down the stoploss to this bars H +7

 

[ThE HaMmEr]

In next bar (30 min ) I look forward to add at this bars low-5 and bring down the stoploss to this bars H +7

sl to this bar high + 7 ........ y???

 

[Smart_trade]

sl to this bar high + 7 ........ y???

Wide range bar on 30,the SL will be changed only if the low -5 broken and add triggers

 

[rkkarnani]

Have been trading this System, but unlike 60 minutes flow that I also trade and look for guidance by the Posts made inthe thread, here I do not look at the levels while trading, though try to understand my errors and omissions after the market!!! (or during the break in Sun outage)!!
Am trading just 50 Nifty (1 lot) and add 1 too. Plan to upgrade to 500+500 from Jan 2009 contract.

Have read the post by rkkarnani in reply to uthuman!!! Wish to know if he is correct in his views, that his views are as per the on going rules and is not a tweak offered by him!!! I am always a bit wary and skepticle of the posts by rkkarnani and hence this request to all ans specially Saint to confirm the authenticity of the view posted by rkk!!! The highlighted portion about Short also being ON at that stage, is that correct too!!!
rkkarnani no malice towards you but just need to be sure, after all real money is involved here!!! Moreover you have replied without looking at the chart but by just the levels posted by uthuman!!!

Query:



Reply:

Hi , I dont mind it at all!! Rather I am obliged to you for this post...I will also get to know my mistakes if any!!! And will boost my morale in case it is found to be correct!! I win both ways : Heads or tails!!!

 

[Smart_trade]

Hammer on 30, got to be careful