Going with the Intraday Mini-Flow!!

[no1lives4ever]

Looking to change SAR to 3079.7 + room after end of this bar.. The PH on 15 is not confirmed by anything else on the charts, so I am ignoring it for now..

As per the orignial rules posted by saint, if there is a continued one direction move, he was against taking profits, but instead adding to the position. Saint, any directions on future adds/profit booking?

-- no1lives4ever

 

[rajfal]

Covered half at 3025....

Regards,

Raaj

 

[no1lives4ever]

3121 + room

Saint

Which rule are we using here? For the 4 bar rule, do we not wait for 4 bars to finish before setting stops, or do we start using this rule the moment 4th bar breaks the high/low of the previous bar? Or is it because this is the high of the 60 min bar, which is still quite far away?

-- no1lives4ever

 

[musicjunkie]

MJ,
Yes...still long in 60min with stops at 2941. Though a lot of debated going on in the 60min thread abt the 2 bar rule.

Wish Saint could give his views there.

Rakesh

one line on this Saint....Hope we are on the right track in the 60min flow

MJ-

 

[rakeshluthra430]

3121 + room

Saint

But arent we taking pivots on 15 min in such cases? Which means 3064+7 after 11.30?

 

[ramash]

covd half ard 3028

ramash

 

[Smart_trade]

Which rule are we using here? For the 4 bar rule, do we not wait for 4 bars to finish before setting stops, or do we start using this rule the moment 4th bar breaks the high/low of the previous bar? Or is it because this is the high of the 60 min bar, which is still quite far away?

-- no1lives4ever

For 2 bars rule,the moment 11:00 low is broken,we bring SAR to high of 10:30 bar plus room.No need to wait till close.

ST

 

[mradul_er]

boss
pl advise page no.

regards/Mradul

 

[Saint]

Which rule are we using here? For the 4 bar rule, do we not wait for 4 bars to finish before setting stops, or do we start using this rule the moment 4th bar breaks the high/low of the previous bar? Or is it because this is the high of the 60 min bar, which is still quite far away?

-- no1lives4ever

Move stops after 4 completed bars on the 30....yes,correct.But in this case,we have a 60min bar high at 3121,not just any 60min bar,a WRB,the negation of that bar in the very next bar(which looks unlikely)is bullish......therefore stops brought down to 3121.

Of course,double confirmation happens at 11:30am

Saint

 

[no1lives4ever]

as a high /low of third bar is crossed by fourth bar ..we change sl to high /low of second bar ..we won't wait for bar to complete

we wait for bar to complete when pivot is in making

As per my understanding of the rules by Saint, this was to be done only from the 5th bar onwards..

Anyways.. moved SAR to 3063.4 + room, as 5th bar moved past lows of 4th bar real fast..

-- no1lives4ever