Going with the Intraday Mini-Flow!!

[Smart_trade]

hi ALL
I just wanna know once the pivot is in place do we still use the filter of 14 for our first entry of the day or shall switch to normal 7 point filter.
I am still in the learning phase pls clarify

Thanks
KomaL

KomaL,

We use a filter of Rs 14 for the first move of the day and for all subsequent moves revert to normal Rs 7 as filter. If the first move is up and it does not trigger our entry because of moving filter and the market comes down we use Rs 7 for downmove trigger as it is the second move of the day.Also in case of very weak moves we have used Rs 14 for the subsequent move as well,but that can be taken as an exception,not a rule

Best Wishes,

Smart_trade

 

[TFL]

It is indeed frustrating when every one calls something a pivot when it does not follow the hand rule. I am unable to diatinguish pivots and non-pivots. Saint says go by the eye. What should the eye see? I am unable to follow. There are no clues to this even in Teach a man to fish...

VPS,

1. PIVOT "may be(here)" called as Visual Pivots ("go by the eye") when you see a pivot in the chart visually(or seems like pivots) but it doesnot obey rules to become a pivot.

2. Non Visual Pivots: Mean some times there will form a pivot which obeys all the rules for a pivot, but it will not be appealing as pivot for eyes(visual).

I am looking for an image to post. If your question is not answered, it doesn't means all ignored it...may be some one was thinking from a different perspective/angle.

Hari.

 

[santhosh44]

hari, I'd sent you a pm. please reply when you get time..

 

[Saint]

Saint,

Thanks for the insult.

In the past whenever I raised this question no one would answer because the seniors thought it was below their dignity and the rest didnot have any answer. All they would say is read "teach a man how to fish" again. These cronies donot know that you have not explained this problem there. So I deleted my questions. Today, I even IMed some people for the answer but none of them knew.

I thought at least you will explain but what I recd is an insult. I am sure many cronies will pounce on me now for saying so. The same chaps who didnot bother to clarify when I requested help after you insulted me. One of the cronies even posted something saying you were right in your reply( read insult). All donot have same "skills" nor every one is gifted with same no of grey cells. I belong to the slower category. I am not allowed to ask questions because none will be replied except by three or four people who I hold in high regard. All that I understood here is that we have many people who want to make money at any cost not bothering about anyone else. They will lick your boots as long as it suits them. Most importantly they have no respect for those who are senior to them by decades.

The world is no different where ever you go.

I have no grudges against you. You have done enough for people. I appreciate everything you have done. But it takes one wrong act to dent the good you have done. Please be careful. As you rightly said -- "cannot apologise for that--", I donot expect any apologies. At 60, I have out grown that stage. Pl donot reply to this post. I will indeed appreciate if others too donot reply as it doesnot concern them. They need not poke their nose now.

vps

Got it wrong,VP......was trying to help.Not all help comes in good words,some tend to come as a shock therapy.

But realised that you haven't taken it in the right spirit.

Also,came to the realisation that Saint has to be sugary sweet......or else!

Anyway,markets about to open........No apologies for that being a pivot was what I said......but sincere apologies if I have hurt your feelings.

Will check my words with you in future....

Saint

 

[niftychance]

Hello Team

Very Good Morning ...

A new day, just focus on next trade ...

Trade Well

Thanks

 

[myvineet]

High =3140
low=3112

long above 3140+14=3154
short below 3112-14=3098

 

[musicjunkie]

H3140
l 3112

 

[Sanira]

hello everybody,
good day to all.
very nice good morning to saint sir.

new bird,
sanira.

 

[orderflow13]

confirmed , high is 3140 and low is 3112

 

[kiranb]

high - 3149
low - 3112?