Going with the Intraday Mini-Flow!!

[jace48]

Just curious. It's based on?

 

[Prabhjeet]

Saint not smiling with HDIL today, just a rest day for me. Wanted to just gaze leisurely today at screen

 

[myvineet]

NF stops at 3308 +7=3315

Saint

saint is it reversal on high of bearish previous 60 min bar after a bullish 60 min bar ?

 

[Saint]

Saint not smiling with HDIL today, just a rest day for me. Wanted to just gaze leisurely today at screen

Ah,we in same boat.......though in a few,in light.

Saint

 

[musicjunkie]

3315? mmmm...dont get it...

back to the drawing board.........
MJ-

 

[Saint]

saint is it reversal on high of bearish previous 60 min bar after a bullish 60 min bar ?

Yes,Vineet.......stops at the high of previous 60min bar.

Saint

 

[rakeshluthra430]

Yes,Vineet.......stops at the high of previous 60min bar.

Saint

..but I thought its like this:
Big bullish bar..next comes big bearish bar. Now if we cross the highs of bullish bar, its reverse to longs.

Here we had a big bearish, then a big bullish....hence the doubt

Sorry Sir....I too didnt get it.

Rakesh

Edit: Getting it now.....Sorry for causing confusion everyone.

"e)30min chart shows LL-LH.......all time frames down....and then a WRB on high volume that closes near its lows,followed by a bullish candle(no problem....resting candle....expect the next move to be a continuation move down......not getting it is reversal...Buy above the bullish candle."

 

[Smart_trade]

3315? mmmm...dont get it...

back to the drawing board.........
MJ-

High of last 60 min bar +space 3307 +7 =3314

 

[HEM]

on my chart high of previous 60min bar is 3306.9. so
NF stops is 3306.9 +7=3313.9

 

[musicjunkie]

High of last 60 min bar +space 3307 +7 =3314

That part is fine, if triggered we will have an engulfing bar.
But if I had seen a hammer on 20/30 then I would reverse confidently.....

I would have never taken the reversal if Saint didnt force me to think for one at 3315, lots of learning to do....

MJ-