Going with the Intraday Mini-Flow!!

[TFL]

Exactly closed. @ that lower gap...interesting right?
Gap low : 3175.00
Today LTP : 3175.05

I will be watching to book profits (booked 1/3 @ 3105 and then Added @ 3117.)here near 3175 partially or fully.

This is my personal view of taking gaps will act as resistance.
Please ignore the RSI in the image, put by mistake when copied...
Hari.

Thanks to saint for this killing system.
Hari.

 

[Saint]

all out at 3173...

Great going,Rishi!

Saint

 

[ratan jain]

Is this the same Ratan Jain?

Saint

Allways have to be humble when I am asking a stupid question
Please guys! help out a fellow trader

 

[TFL]

Can anyone tell me if the 2:30 pm bar on 15 mins is a pivot low?
I have similar doubts about the 2:00 pm bar too..

Sorry to ask such a basic question

Ratan jain,

have taken 2 pm bar for Pivot low but have good thoughts about that 2:30 pm bar.

Hari.

 

[Saint]

Here Goes Saint....

The reversals are fine. I have a confusion of when to include the 30min and the 60min. After seeing you do this a couple of times, I have a feeling it has more to do with understanding market movements than a definite system to it.

Have a few more, will trickle them down, little by little....not to pressurize you too much...

Regards,
MJ-

Nah....no magic involved here.

Actually doing the same thing for the same scenario again and again........but the difficulty to the newer person is that there are multiple scenarios.

This is akin to a doctor who came to the conclusion that Medicine A works best for hypertension,and then prescribes that to all cases of hypertension.Not that easy.......different ages,different medicines.Hypertension with cardiac disease,another medicine.Hypertension with renal disease ,another one.With Diabetes,yet another one.

Different scenarios,different ways to tackle it.......but still,there is a set pattern to it.That can be shared to another.That can be learnt by another and utilised to great advantage.

So,most importantly,before we proceed in answering your doubt,remove the thought that Saint has some great understanding.Nothing spectacular or fantastic,out of the world stuff .........there is still a repetitive action,but seeming difference is because of many many scenarios.

Saint

 

[Saint]

Can anyone tell me if the 2:30 pm bar on 15 mins is a pivot low?
I have similar doubts about the 2:00 pm bar too..

Sorry to ask such a basic question

Yes a pivot....but no action taken as no confirmation from higher timeframes.

Saint

 

[TFL]

Yes a pivot....but no action taken as no confirmation from higher timeframes.

Saint

Saint Sir,

But the next bar to the 15 min pivot @ 2:30pm was an inside bar.
Will we need to consider even if we get the same kind of inside bar in 20 as confirmation?
Will we shift the SAR ti 2 PM bar low if that was the case?

For 2:00PM everything is clear.

Thank you,
Hari.

 

[TFL]

Nah....no magic involved here.

Actually doing the same thing for the same scenario again and again........but the difficulty to the newer person is that there are multiple scenarios.

This is akin to a doctor who came to the conclusion that Medicine A works best for hypertension,and then prescribes that to all cases of hypertension.Not that easy.......different ages,different medicines.Hypertension with cardiac disease,another medicine.Hypertension with renal disease ,another one.With Diabetes,yet another one.

Different scenarios,different ways to tackle it.......but still,there is a set pattern to it.That can be shared to another.That can be learnt by another and utilised to great advantage.

So,most importantly,before we proceed in answering your doubt,remove the thought that Saint has some great understanding.Nothing spectacular or fantastic,out of the world stuff .........there is still a repetitive action,but seeming difference is because of many many scenarios.

Saint

Dr. Saint is precipitating sometimes in our Saint.

Hari.

 

[ratan jain]

Thanks for the answer, Saint.

Now another stupid question
You mentioned confirmation from a higher time frame...
Please Please Please Please Please Please for my benefit of this eager learner, please please please please explain this concept about when the pivot is considered as a confirmed according to higher time frame.

 

[Saint]

Thanks for the answer, Saint.

Now another stupid question
You mentioned confirmation from a higher time frame...
Please Please Please Please Please Please for my benefit of this eager learner, please please please please explain this concept about when the pivot is considered as a confirmed according to higher time frame.

Shall do...but a bit later.

Saint