Going with the Intraday Mini-Flow!!

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After the first bar of 5mts, we have to place the long/short order for the next 30mts. Correct? (that is we have to keep only 30mts chart after the first 5mts chart, correct?)
Yup ,correct !!!
 
WOW.....somehow did not get time yesterday to go through this system, but have now gone through...its really great....simply Amazing Saint.:):)

What I understand is....our first entry is on opening range break+14 for the first trade. Thereafter, we enter/exit only on Pivots....no previous bar method.

Just a small question....about which stocks to follow apart from Nifty for this system. I guess the ususal ones we are trading on the 60 min tf...ABAN, JP, GMR, LT, Power Grid, LITL, HDIL, REL CAP etc. Any views on this? any more to add/substract??

Thanks a lot,

Rakesh
 

niftychance

Well-Known Member
Hello Sir

This is how I have understood it, just wanted to get it confirm from you.


The room for NF is +/- 14 on the first move and its +/-7 from the second move onwards...

Second move does not mean second trade, even if the first trade does not trigger, a change of direction makes it second move...

For e.g. if we get higher high on second candle, but the difference is less than 14 we have our First Move UP but no trade...

Now if we get a Lower low on any of 3 or 4, etc. we have a change in direction and it would be the second move and now we use -7 as room ...


Thanks
 

musicjunkie

Well-Known Member
Wow alot has happened since I left!!!
Was very comfortable with the 60min bar by bar miniflow. This new system is a bit confusing for me, reversals and SL also a litte on the filters.
Maybe a week of watching this thread and everything will be clear.

^^just confirm the doubt of rakesh in the above post someone, it will help me too :)
MJ-
 

kapil123

Well-Known Member
Wow alot has happened since I left!!!
Was very comfortable with the 60min bar by bar miniflow. This new system is a bit confusing for me, reversals and SL also a litte on the filters.
Maybe a week of watching this thread and everything will be clear.

^^just confirm the doubt of rakesh in the above post someone, it will help me too :)
MJ-
MJ,

This system will make sure that we get into the 1st move only if its with good momentum and the stop loss method will make sure that we do not get stopped out unnecessarily.
 
WOW.....somehow did not get time yesterday to go through this system, but have now gone through...its really great....simply Amazing Saint.:):)

What I understand is....our first entry is on opening range break+14 for the first trade. Thereafter, we enter/exit only on Pivots....no previous bar method.

Just a small question....about which stocks to follow apart from Nifty for this system. I guess the ususal ones we are trading on the 60 min tf...ABAN, JP, GMR, LT, Power Grid, LITL, HDIL, REL CAP etc. Any views on this? any more to add/substract??

Thanks a lot,

Rakesh
Hi Rakesh,

Will post the numbers in a few days.......yeah,the usual suspects provided they have volumes and intraday moves that we can benefit from.

Saint
 

ThE HaMmEr

Well-Known Member
acc to neat systems.........

high 4187.80 (we go long above 4201.8 SL 4161)

low 4168 ( we go short below 4154 SL 4194.8 )
 
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