Going with the Intraday Mini-Flow!!

[santhosh44]

ST its a document file and about 300 kb cant upload at traderji also, so uploaded at rapid share

Try this link,
http://tinyurl.com/5pwdc4

thanks,
rajendrani

rajendrani, was going thru your doc .. quoting this particular point ..

9. At 9th bar, we get a pivot high so what we do, exactly, just wait for bigger tf to confirm , at 6th bar on 30 min tf, we have a pivot high, so can we confirm this with 60 min tf, lets check, 3rd bar on 60 min tf, no pivot high, so should we change our sar, I think no, so SAR still remains the same.

how can that 9th bar (in 15-min chart) be a pivot high?

 

[dhakkan]

Yes you are right Smart trade, today I messed up big time and got out in between and last trade which I entered did gave a decent profit as compared to the mess I made today.

At the end of day, I was going through the trades, and went through bar by bar chart, but instead of checking nifty futures, I was checking the nifty chart and made my doc file, but anyway the bottom line is we are trading the chart and moreover nifty chart and nifty futures charts is almost similiar with only few changes.

I had uploaded my trades with chart, just to check my understanding with the method, pls go through the same and requesting all the seniors to go through and confirm on the same.


Uploaded file

http:// rapid share. com/files/167311558/nifty_example.doc

Thanks and waiting for your and all other seniors inputs on the same.

Rajendrani

Rajendrani,

I would like to ask you one question.... (dont answer here.. answer to yourself only.. I dont need the answer ... its for you only)...

When should we go and look at 15 min chart ?

This will solve few of your doubts... Hope it helps..

Explaining what I understand based on your 15 min doc... But this is wrong .. we are trading 30 min here...

6th Bar - yes its a pivot.. But it got confirmed only in 7th bar... in 15 TF...

Based on your filters then.. as Smart_trade has already explained.. your trades are correct.
Short - Long - Short.

Seniors please correct me..

regards.

 

[rajendrani]

Rajendrani,

I would like to ask you one question.... (dont answer here.. answer to yourself only.. I dont need the answer ... its for you only)...

When should we go and look at 15 min chart ?

This will solve few of your doubts... Hope it helps..

Explaining what I understand based on your 15 min doc... But this is wrong .. we are trading 30 min here...Seniors please correct me..

6th Bar - yes its a pivot.. But it got confirmed only in 7th bar... in 15 TF.
It became pivot high on 30 also, so can be used as reversal.
This is after close of 9th bar in 15.. close of 30 bar basically.

Based on your filters then.. as Smart_trade has already explained.. your trades are correct.
Short - Long - Short.

Plz dont use 15 min charts.

regards.

I understand what you are saying and yes we are trading the 30 min chart, if you read at the top then you will see the trades is only as per 30 min tf, I just posted 15 min tf to have all pivots in clear picture thats it.

Regards,
rajendrani

 

[rajendrani]

Well its still a learning stage for me and I am trying to follow the method, I tried to put what I had followed on doc file, but my understanding may be wrong, so what would be the best way to learn, show the trades to the seniors and let them confirm so that I understand my mistake and would not repeat it again.

To understand trade is always good with example, hope I learn something good here and better my understanding with the methodology.


Thanks,
rajendrani

 

[dhakkan]

I understand what you are saying and yes we are trading the 30 min chart, if you read at the top then you will see the trades is only as per 30 min tf, I just posted 15 min tf to have all pivots in clear picture thats it.

Regards,
rajendrani

Rajendrani,

Good ... you are doing the right thing.

Just quoting the master once more :

We are in essence trading the 5min bar at 10am,and then trading the 15min charts till 11 am,trading the 30min charts with help from the 60 and 15 till 3 pm,and then trading the 15min charts till 3:30pm.

So,till 11 am,if we get a pivot on the 15min charts,raise stops to that pivot.If there is no pivots on the 15min charts,wait for 30min charts to complete 4 bars at 11:30am.......The 2 bar method kicks in.After the 4th completed bar,every new bar high is enough to raise stops to 2 bars back.

As per this pivot confirmation happened after 11:30 on 30min chart...

regards.

 

[TFL]

Hello All,

We are ready to start the scanning project.
Please see the post: http://www.traderji.com/day-trading...ng-intrday-mini-flow-thread-4.html#post255334

Also required some more members(not new) who are able to check/add/modify/correct the scanned data each day. Please post your ids there in that thread if you are interested.

Thank you,
Hari.

 

[bijovyppil]

Good morning friends
yesterday was a missed oppurtunity for me... I couldnt control the pressure.. as a reversal was expecting any time due to F&O expiry week.. hence missed the bus ... at the end i proved wrong ...and the system win... its again a lesson for me to stick on to this excellent system developed by saint sir even on the most toughest day!!!!!
happy trading
bijo

 

[santhosh44]

H : 2698
l : 2676

 

[kris905]

Low 2676.00
High 2697.80
Am i right?

 

[lvgandhi]

High 2696 Low 2676