Going with the Intraday Mini-Flow!!

[Saint]

There were 2 huge moves today......those who caught both moves,well done and great going.

Saint

 

[orderflow13]

Not every WRB.......WRB breakouts/breakdowns on high volumes must go on to make newer highs or lows.

Taking the 30min charts,there is a straight move down and then a WRB on higher volumes.Yes,look to go long if the entire bar is negated.viz2764 + room.

All corrections and congestions usually happen within the range of that WRB......meanwhile our stops using the 2 bar on the 15 is also at 2764+room.

WRB Breakout examples......have a look at the 23rd of Oct.WRB breakdown example.....have a look at 7th Oct 2008.

Saint

By alex_laxya

 

[TFL]

There were 2 huge moves today......those who caught both moves,well done and great going.

Saint

Yah... I got all the 3 trades in time Saint...
The support from alex guided me and his mistakes too...
Very heavy profits....

Thank you once again to all you were here...

HAPPY AND PROSPEROUS DIWALI to you and your family!!!
Haribird.

 

[TFL]

By alex_laxya

Yes really a second chance... I was preparing the image... but you, alex have overtaken me...

Thanks.
Haribird.

 

[orderflow13]

We are already equipped to deal with a move down with no congestions in between........we either drop down to the 15/20 and look for pivots or 2 bar method on 30.If we get a WRB after 4 bars down ie BAR 1,2,3,4 all bearish making LL-LH,BAR 5 is a big WRB.BAR 6 is a bullish bar.......not to go above the high of that bullish candle.Only on negation of that entire WRB ie reversals once the high of Bar 5 + room is taken out or if we get a pivot that is lower on the 15/20.

What we have been discussing all the while is about the WRB Breakout Pattern and how to deal with it.

Observation 1:A WRB breakout after a sideways congestion or pullback to new highs on high volumes must be followed by a continuation of that move.........if it doesn't,it is a Failed Breakout Pattern.

Observation 2:A WRB after many bars up(talking longs) on high volumes could signal the end of the trend.....the operative word being "could".......Reversal only on the negation of that WRB.If this negates that entire WRB and falls vertically from there, a possible "V" pattern move.

So,both are WRBs......2 different patterns.......one is a definite failed wrb breakout, the other is a possible V pattern move.

Saint

Got it today with live example.Thank you saint sir for giving added arsenal to tackle 'v' shaped reallies.Today we got hammer just b4 the reversal bar to give us more confidence to take the break out.And i was lookin in past data, i am finding same kind of hammers, doji just before negating bars.Interesting ...

 

[columbus]

looks like ISRO is testing its new propulsion system on Nifty...look at it go...

MJ-

mj,

No,recently NSE hired Adam Sami of 'Lift kara De....' fame.

 

[SriVijay]

hi mini flow..
happy diwali and lakshmi pooja.........after my secondary school teachers.........i adore your saint and his patrons........ great going my masters....keep it up.......every thing fine with your guidance......

today only i totally and fully sit with your mini...( today no office for me.... i am at south )...and traded accordingly.......gave me a profit of 1k in intraday with just one lot.........
thankyou very much my saint...you are really a saint..........

happy lakshmi pooja........

go with trend..........my dear masters.. great teaching yaar.....thankyou very much

 

[ravalsb]

Wish you all continuous uptrend of prosperity in your life;

Wish you all have Higher High of Success and Lower Low of Failures;

Wish you all have Adds on to your Wealth at every Break-out of Success; and

Wish you all have Support And Respect (SAR) of the family at every Pivotal Low of Life.

Wishing you all a very Happy Diwali;

 

[milkyblack]

Hello everyone over here... Bulls and Bears

Wish you and your family,friends a very happy and prosperous Diwali...

Enjoy!

Regards

 

[rakeshluthra430]

Wishing you and your families a Very Happy Diwali.

May all your wishes come true...

May you follow the method to the best of your ability. May God give you the strength to be on the right path always...

Happy Laxmi Puja as well,

Rakesh