Going with the Intraday Mini-Flow!!

[Saint]

Saint,
A gentle reminder, If you could tell us what filters you are using for HDIL miniflow.
used 3/2 with my backtest, prabhjeet recommended 1/.5........big difference...
MJ-

In 60min Flow,2/1......in intraday,1.5/1......but in the process of finalising the mov filter,etc

Saint

 

[niftychance]

Can someone please post charts for May 12??!!! This is an interesting case. Thanks
Bee

Will do it after the markets

Here it is ...

REVERSAL DAYS(CONT)
MAY 12TH:A horrid day. . . . short below BAR 1 at 4954, covered at 4975 + 7=4982. . . . . Long at 4982, sold at 4930. . . . . . short at 4930, cover at 4977. . . . Long at 4977, add at 4997, sold at 5037. . . . . . . still day ends with losses. Few things:Not taking the reversals would have put you in great profits this one day. . . . . and led to great pain on other reversal days. We got a pivot on 15, and a reversal signal on 60. . . . . . . going through this day and "learning" from this day, and then never taking reversal points on the 60 is even more detrimental than taking the losses for this day. . . . . . . It is on these days that one hears wise crack statements taking into account this one day and forgetting that this one day is just one in many many many days.

Another thing:Look at the pattern on the 12th of May. . . . . a breakdown bar(BAR 6), a Wide Range Bar on high Volume, making new lows and then unable to close in new lows. . . a failed breakdown and an exhaustive last ditch bid by bears to push price downwards. Next bar is a bullish bar. Go long the high of that bar, in this case at 4970+7=4977

LOL, Sir already said that we would have 'salt merchants' showing up on days like these...

Thanks

 

[alokdaga]

If there was a tax on keeping awake late - Saint would loose most of his earnings paying taxes !!!! Just see his post timings !

 

[Saint]

If there was a tax on keeping awake late - Saint would loose most of his earnings paying taxes !!!! Just see his post timings !

A bit of a late sleeper and a late riser....

Saint

 

[lvgandhi]

high is 3351 low 3313 Long above 3365 and short below 3299

 

[Sunil]

high is 3351 low 3313 Long above 3365 and short below 3299

looking at our entry levels, i have a feeling our first trade will be a sixer today

 

[zakirhusain]

mini nifty

high 3351

low 3316

 

[beethoven]

I do not know about others but traderji is taking lots of time to refresh. Lots of traffic now here, especially now, as we have to take positions for the day. Maybe extra servers required otherwise real time conversations will be getting difficult.

 

[praveen taneja]

I do not know about others but traderji is taking lots of time to refresh. Lots of traffic now here, especially now, as we have to take positions for the day. Maybe extra servers required otherwise real time conversations will be getting difficult.

Yes u r right bro today Traderji taking lot of time to refresh with me too

 

[milkyblack]

Short triggered... SL HOD +

Regards