Going with the Intraday Mini-Flow!!

[musicjunkie]

Look through the past few pages....
Please helping each other, wishing each others well being, I love this extended family of ours......

Happy Diwali.

MJ-

 

[rajendrani]

Wishing you all and your family members a very happy and prosperous diwali.

Thanks and regards,
Rajendrani

 

[inspire]

Wishing All members and specially to Saint a very happy & Shubh DIWALI.
May all our perspiration and hard work consistently give all of us sheer joy & satisfaction.
And once again on this wonderful occasion a special thanks to Saint for just being such a wonderful human being & a trule role model that he is

Regards
Inspire.

 

[saturdaykid2001]

Dear Friends,

May this Deepavali bring light, cheer and prosperity to all members of this thread and forum.

Happy Deepavali, one and all!

SK

 

[nilaish]

I Wish everybody a very happy and prosperous Diwali.
I wish every trader of Intraday mini-flow a very successful year. I also would like to use this occassion to thank Saint for sharing such a wonderful method and seniors like smart_trade, niftychance,alex laxya, tsunil4u.....so on who helped to learn and understand this method.

regards
nilaish

 

[ThE HaMmEr]

May This Diwali be as bright as ever.

May this Diwali bring joy, health and wealth to you.

May the festival of lights brighten up you and your near and dear ones lives.

May this Diwali bring in u the most brightest and choicest happiness and love you have ever Wished for.

May this Diwali bring you the utmost in peace and prosperity.

May lights triumph over darkness.

May peace transcend the earth.

May the spirit of light illuminate the world.

May the light that we celebrate at Diwali
show us the way
and lead us together
on the path of peace and social harmony


WISH U A VERY HAPPY DIWALI

 

[Saint]

Saint,

Today,on 30 min we had 11:00 bar low pivot breakout in 13:00 bar but next bar on 30 is a hammer with long tail. Is this a case of failed breakout ?

ST

ST,

Yes on the above.......at that time indicated by you,we got a pivot breakdown WRB.In this case,there was follow through that negated itself forming that tail.Now the easy part is that we got ourselves a reversal bar on the 30min chart.The tough part was:a.A reversal candle/bar on the 30 is not enough for us to reverse.We need that on the 60 before we start licking our lips.So,in this case,we don't have that confirmation on the 60 or any help from any timeframe.Therefore bring SAR down to the high of the previous bar on the 60 and wait.

Is this a failed breakdown pattern?Yes,it is.......if the body of that reversal candle had closed more than half of that WRB,we would be looking to go long over the high of that candle.In this case,that scenario didn't take place.Closing as it did,it gives us no confidence to reverse and go long there.....and so we wait till we got a clearer signal from the 60min charts

Saint

 

[TFL]

Saint sir,

Do we need to look into smaller time frames today(Muhurat Trading) or everything is as usual?

Haribird.

 

[amitpethkar]

Hi Saint,

I was looking into past data and have a query about 02 July'08. Particularly about the SHORT trade to be taken or not??

Chart attached.

Thanks,
Amit

 

[hitesh]

yes, some my mistakes some typos etc.
vos

"Clouds, which enshower generously;
even if emptied today, the clouds are filled again and return back tomorrow with the same dignity."