Going with the Intraday Mini-Flow!!

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lvgandhi

Well-Known Member
#2,803
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Dear Saint
Now we have a pivot in 15 min chart. Should we lower SAR to 3385-7=3378 or keep initial SAR?
 
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gsri

Member
#2,807
#2,807
Dear Saint

Could you please clarify.
1st 5 min bar H-3431, L-3390 .
Next 30 min H-3446, L-3402,bar triggered the buy at 3445 with sl at 3383.
However the next 30 min H-3434,L-3387 went clear 7 points below 3402,
Normally isnt this signal for reversal.
Really wondering about this ..
 
M

musicjunkie

Well-Known Member
#2,810
#2,810
gsri said:
Dear Saint

Could you please clarify.
1st 5 min bar H-3431, L-3390 .
Next 30 min H-3446, L-3402,bar triggered the buy at 3445 with sl at 3383.
However the next 30 min went clear 7 points below 3402,
Normally isnt this signal for reversal.
Really wondering about this ..
Click to expand...
As far as my understanding goes for the question put forward
5min
next 30min bar triggers long order.
SAR at the LOW of the 5min bar which is 3390-7=3383

Nifty moves down and very close to our SL but does not trigger. We get pivot low on 15. Remeber guys this is not just Stoploss its also a reverse.

MJ-
 
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