Going with the Intraday Mini-Flow!!

[ramling]

To all ,
I did the following trades.Pl tell me whether I am correct or not.
1st trade short at 2860.
2nd trade reversal at 2855 on 2bar reversal basis.Closed the long position at 2828 at 3:25hrs.

 

[Smart_trade]

It may be quite interesting to see if somebody with a strong command on this pivot system could compare results of a couple of weeks based on 5/15/30 min pivots

We are trading a 30 min flow system here.Would request you to discuss about 5 min/10 min flow systems and its comparison in a different thread.We have number of new traders here and various flow systems may cause confusion in their mind and wrong trades leading to losses.

We all will join you in the new thread. Thanks.

Best Wishes,

Smart_trade

 

[niftytrader2]

We are trading a 30 min flow system here.Would request you to discuss about 5 min/10 min flow systems and its comparison in a different thread.We have number of new traders here and various flow systems may cause confusion in their mind and wrong trades leading to losses.

We all will join you in the new thread. Thanks.

Best Wishes,

Smart_trade

sure thing. Just saw somebody mention 5 min and thought a comparison may be interesting. that is all.
Btw, is there any compilation of daily/weekly/monthly performance of the 30 min system here ?
tks

 

[TFL]

sure thing. Just saw somebody mention 5 min and thought a comparison may be interesting. that is all.
Btw, is there any compilation of daily/weekly/monthly performance of the 30 min system here ?
tks

Niftytrader2,

Actually here, the true MiniFlow traders are not much concerned about the profit generated, the essence of the flow is to be in the flow with obeying all the rules.
Also we one may develop personal mods or ads to the flow and trade as their own moded system.

The 5 min thing specified, I think was just a joke and not a method to trade. The whipsaws in such a minor waveform will never allow us to be successful with a lot of reversals and adjustments. Some days like today it may be working but on most charts it may not work.

The performance comparison as you said, daily, weekly, monthly may be interesting and should be considered to check how the system is surviving in various market conditions and periods, lot of other performance parameters like draw down, position size, stoploss distance, etc can be considered rather than just profit/loss.

I welcome you to start a new thread for analysing the results of Intraday MiniFlow.
Best wishes.

Hari.

 

[dhakkan]

Niftytrader2,

Actually here, the true MiniFlow traders are not much concerned about the profit generated, the essence of the flow is to be in the flow with obeying all the rules.
Also we one may develop personal mods or ads to the flow and trade as their own moded system.

The 5 min thing specified, I think was just a joke and not a method to trade. The whipsaws in such a minor waveform will never allow us to be successful with a lot of reversals and adjustments. Some days like today it may be working but on most charts it may not work.

The performance comparison as you said, daily, weekly, monthly may be interesting and should be considered to check how the system is surviving in various market conditions and periods, lot of other performance parameters like draw down, position size, stoploss distance, etc can be considered rather than just profit/loss.

I welcome you to start a new thread for analysing the results of Intraday MiniFlow.
Best wishes.

Hari.

Hari,
Completely agree with you...Would like to add my 2 cents..

Its not a system... as Saint sir would have said.. its a method...This method does not has a profit taking exits ... so every person would have different profits or loss per day....
Hence can not directly compare with any other systems...

This thread specifies the method...
Waiting to join NT2 on your new thread....as Smart_Trade has said.

regards

 

[beethoven]

Bee,there is a way you could thank me.........surpass all limits that your mind puts on you as far as profits in trading is concerned.Break out of the resistance placed by well meaning and loved ones,society,fellow investors/traders who claim something cannot be done,our own mental frailties,etc........Break out big time.Achieve all that you think today is impossible.

And please never let money stagnate,........give surplus to causes dear to your heart.

Doing the above two.......you have literally thanked me.

Saint

Thanks Saint

Apart from trading I am trying to be a better human being too like you.

God Bless you

Bee

PS: For last three days my internet was down and I suffered like hell. More than trading I missed this forum more.

 

[RakeshG]

Thanks Saint

Apart from trading I am trying to be a better human being too like you.

God Bless you

Bee

PS: For last three days my internet was down and I suffered like hell. More than trading I missed this forum more.

I am following few threads and almost everywhere Saint has left his marks like no one can do. Saint..you are a wonderful human. God Bless You !!!

RG

 

[Sunil]

We are trading a 30 min flow system here.Would request you to discuss about 5 min/10 min flow systems and its comparison in a different thread.We have number of new traders here and various flow systems may cause confusion in their mind and wrong trades leading to losses.

We all will join you in the new thread. Thanks.

Best Wishes,

Smart_trade

Strongly agree with ST here....
Anything from my end to keep this thread less chaotic & less confusing...


I had made that 5min pivot comment in jest and it was meant ONLY for Ratan Jain (had mentioned this in that post too)...
Hope it's clear that i DO NOT encourage/recommend 5min flow method...

 

[ratan jain]

Strongly agree with ST here....
Anything from my end to keep this thread less chaotic & less confusing...


I had made that 5min pivot comment in jest and it was meant ONLY for Ratan Jain (had mentioned this in that post too)...
Hope it's clear that i DO NOT encourage/recommend 5min flow method...

Just because of you I am going to spend me weekend hammering away at 5 min pivots

Can u pm me?

 

[Sunil]

To all ,
I did the following trades.Pl tell me whether I am correct or not.
1st trade short at 2860.
2nd trade reversal at 2855 on 2bar reversal basis.Closed the long position at 2828 at 3:25hrs.

you have erred in your trades today...
i hope u were just paper trading, as u seem to be unaware of the basic rules of this system.

I had made a small attempt to explain the basic concepts of this system with trades of 8th October here

for today's trades, go through the last few pages