Re: Saint's Intraday Miniflow - live discussion
We have to use small filters over 11.00 bar high seeing the TFA in force. SR, your entry was right on 11.00 high with SF not only because it was PH on 15 but because at that time 60 was showing Bottoming tail bar supporting the 15 min PH. ( TFA in place) Hence the entry. This doubt was cleared by Saint Sir on TS to me.
I was under misconception that we have to see TFA for reversals only. But Saint Sir has cleared that doubt. Thanks a lot to Saint Sir.
I am quoting his post as it is for your reference......
I don't know how big your filters are,Manoj.so cannot comment.But yes,smaller filters over 4512.Once you get a TFA with a Bottoming Tail on the 60 and a pivot high on 15,we are down to small filters.Unless your small filters are that huge,that is.