Going with the Intraday Mini-Flow!!

[Sunil]

Sunil , Is it correct to say that :
PL gets priority over 4 bar rule!!!??

Emphatic yes.....
Saint sir has really put in lot of hard work before setting up this system....

even my little back-testing suggests PREFERENCE to pivot lows

 

[Saint]

the current 30 min bar has made a new high...
so, now SAR as per 4 bar rule in 30 min, or the pivot low in 15 min.... both have same SAR level: 3497-7=3490

ah,then the dilemma resolves itself.....

Saint

 

[Saint]

Emphatic yes.....
Saint sir has really put in lot of hard work before setting up this system....

even my little back-testing suggests PREFERENCE to pivot lows

Pivots always......the other methods of escape only when we don't have pivots.

Saint

 

[vpsarathy]

Sunil , Is it correct to say that :
PL gets priority over 4 bar rule!!!??

RKK,

Quoting from Rules ...

""Remember one thing though:2 bar method trail stop is at 4355.Pivot formed on the 30,that is very evident on the 20,trail stop there is 4367.Trail stops using Pivots are much more important.Priority is with the Pivot Stop Loss""

""b) BAR 5 makes a LL,then move stops to the high of BAR 3.

So on so forth for Bar 6.

AS MENTIONED ABOVE, THIS IS TO BE DONE WHEN THERE ARE NO PIVOTS FORMED IN THE LOWER TIME FRAME CHART ALSO (15/20 MIN) TOO...

IF THERE IS A PIVOT FORMED IN THE LOWER TIME FRAME CHART, THEN PREFERENCE WILL BE GIVEN TO SUCH PIVOT FORMED""


vps

 

[Sunil]

TOUCHWOOD, but this flow system actually does not require any technical analysis knowledge....
we just have to mark out the pivots and act accordingly... just have the rules printout page in front of you, and keep booking part-profits (as per one's comfort - even Pakatil shared his idea), that's it....
even if one can only take 1 lot of nifty, then I would advise him/her to trade with 2 or 3 lots of Mini Nifty.... this will enable to partly book profits & the position risk remains the same...

infact, today I am making my wife trade as per this system (though the bullish oversold conditions were apparent to me, that's why i took that "risk" ), and she's quite happy with the result....
Bad news: Pakatil & columbus, now I'll really have to go to school to drop & pick up my son....

 

[ratan jain]

TOUCHWOOD, but this flow system actually does not require any technical analysis knowledge....
we just have to mark out the pivots and act accordingly... just have the rules printout page in front of you, and keep booking part-profits (as per one's comfort - even Pakatil shared his idea), that's it....
even if one can only take 1 lot of nifty, then I would advise him/her to trade with 2 or 3 lots of Mini Nifty.... this will enable to partly book profits & the position risk remains the same...

infact, today I am making my wife trade as per this system (though the bullish oversold conditions were apparent to me, that's why i took that "risk" ), and she's quite happy with the result....
Bad news: Pakatil & columbus, now I'll really have to go to school to drop & pick up my son....

Since she is now going to be financially independent, you better give her more attention, as one mistake and all she needs to leave you is say a computer and a broadband connection

 

[orderflow13]

thanks a lot abhishek. what about Bazaartrend, whether anybody have idea?

frnd esignal is the king , but costly if ur new...falcon ( company - reliable ) thats what i started using.....post ur qs. on softwares/utility thread u will get more responses

 

[orderflow13]

Since she is now going to be financially independent, you better give her more attention, as one mistake and all she needs to leave you is say a computer and a broadband connection

i know sunil very well ,atta boy, he must be using his own account

 

[Smart_trade]

Red candle being formed on 30, a doji and a re candle on 15, got to be careful now

 

[ramash]

does the sl for nifty futures stands now at 3523.7-7 =3516.7 ?

Kindly correct me if am wrong.

ramash