Going with the Intraday Mini-Flow!!

[trillian]

My 1st 5min low --->4178.15

high ---> 4188.60

Anyone has the same low and high?

 

[kapil123]

My 1st 5min low --->4178.15

high ---> 4188.60

Anyone has the same low and high?

The high is 4199, and the low is 4170. So, long triggered at 4208 with SL 4161

 

[vpsarathy]

5 min high + filter has been taken out. Go long at 5min high+filter?? Is it right

vps

 

[lvgandhi]

Few Changes:

---Entry as planned.......no changes there.
---Profits as planned......no changes there.
---Stop loss at Rs9 from the high of the opening bar,if short,or low of the opening bar if long.......again,no changes there.

-----Trail Stop removed.....Removing the active involvement.Risk at the beginning of the trade is x%,....so allowing the trade to take its course.If stopped,taking that x% loss.

------PositionSizing Percent Risk: Decreasing the percent risk per trade to 1%,leaving the option open of a possible add.Add if looking juicy keeping the risk at 1.5% max.


Inclusion:A few candlestick reversal patterns......all the V-reversals that happen gave us a warning signal with that candlestick pattern again and again.Will discuss about it later.

Other than that,buy or short with a stop and get out most likely at the end unless we get that reversal signal.

Saint


ps:Apologies once again for these regular changes.....

Dear Saint
Do we reverse at SL or we wait for any other reversal signal

 

[rkkarnani]

The high is 4199, and the low is 4170. So, long triggered at 4208 with SL 4161

SL should be low less 9, the low is 4152, so SL is 4143

 

[ThE HaMmEr]

4152 is nt d accurate......it is showing this but its wrong............GO WITH THE EYE......the 1st trade actually happ at 4170

 

[kapil123]

SL should be low less 9, the low is 4152, so SL is 4143

If you look at the chart, the low of the 1st 5 min bar is 4170. So, as we are trading as per the charts, the Stop Loss should too be as per the low of the charts.

 

[vpsarathy]

If you look at the chart, the low of the 1st 5 min bar is 4170. So, as we are trading as per the charts, the Stop Loss should too be as per the low of the charts.

My sharekhan chart shows low at 4176. zdo I take 4170 less filter or 4276 less filter??

vps

 

[SMART_Trader]

Now What ? where is the stop ?

 

[Saint]

With all these changes,......not going gung hnly in NF and Reliance Inds for now.

Saint