Going with the Intraday Mini-Flow!!

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Re: Intraday Miniflow Trades for Today: Saint's Method

Wish you a very Happy Birthday Saint Sir.....from me and all at this forum.

Miniflow Trades for 29 Nov 08

The 30 min chart for the day (Dec Contract) is attached here...lets go throught the trade details:

10:00..mkt opens.
10:30....inside bar.
11:00...another inside bar.....highs/lows not tested.
11:30..bar forms a lower high, lower low...but doesnt take out our filter. no trade.
12:00..another bar with lower lows, but insufficient to take out our filter. No trade still.

12:30...lower filter taken out...we go SHORT. The bar closes by giving us the 4th LL/LH...Also notice, thats the high of the previous 60min high...as also a pivot at 15min. So we keep our stops at the high of 11am bar plus the filter.
Another thing to notice here....watch that pivot on the 15 min. If the higher tfs would'nt have agreed...it would have been wrong to take that pivot as the SAR.

1:00...SAR taken out.....we are LONG now, with stops at low of 12:30 bar.
1:30...reversal bar..nothing to be done. incidently, we get a pivot on 30min now.
2:00...new lows, but SAR saved bec of our filter.
2:30...add at the pivot high triggered.
3:00...book profits as per your individual plans.
3:30...get out completely by the close.

Just a few more points since this is the first post on trades from me:
1. There is a deliberate avoidance of mentioning the filters..as also the levels where the trades get triggered.
2. Profit booking is as per individual plans..so you will not find mentions abt the levels.
3. The trade SHOULD have been taken on the Nov Fut series as per the method...but I had a problem with the data, so could trade only the Dec Futs. Hope this is clear.

Let me know if you have any doubts etc..will try best to clear.

Saint Sir.....Best wishes once again. Cant ask you to spare your time on this day :):)..but remember, we are selfish for your time.

Thanks a lot,
Rakesh


 
Re: Intraday Miniflow Trades for Today: Saint's Method

Yesterday was a good example of multiple timeframes play.There is a pivot on 15 min TF at 11:15 to 11:45 and 2758.50 -2759 as PH but observe that we cannot place our SAR of our short position here as in 30 and 60 ,the completed bars till this pivot was broken,were not giving any bullish indication ( they were bearish in fact) .Hence in this case the SAR shifting to 15 min pivots would be a wrong play.We need either 60 min high or 2 bars rule to rest our SAR on.

Best Wishes,

Smart_trade
 

orderflow13

Well-Known Member
Re: Intraday Miniflow Trades for Today: Saint's Method

Saint sir Happy Birth Day

, pivot on those candles is more important for us than any pivot

and for saint and my TJ buds belated


Alex
 

gunavadhi

Well-Known Member
Re: Intraday Miniflow Trades for Today: Saint's Method

thank you rakeshluthra430 for your post with trades taken.as you are posting after market hours there is no problem with posting filters and level at which trades taken.and the chart is not clear i think.unable to read anything inside.if you post 10 days with chart and levels taken it will be nice bro,PLEASE.
 

orderflow13

Well-Known Member
Re: Intraday Miniflow Trades for Today: Saint's Method

posting yesterday's chart


sorry Rakesh my first post here regarding trades looks like this :eek:
On serious note i didnt trade yesterday, as it was only formality by exchange to open as an act of faith in democracy we proud of. Vol was missing so tried to avoid choppy day, & yes this is not a tweak of mini flow method :)
 
Re: Intraday Miniflow Trades for Today: Saint's Method

thank you rakeshluthra430 for your post with trades taken.as you are posting after market hours there is no problem with posting filters and level at which trades taken.and the chart is not clear i think.unable to read anything inside.if you post 10 days with chart and levels taken it will be nice bro,PLEASE.
1. Posting filters today will also mean that i will use the same filters tomorrow....thats why no filters. Also, filters are not the same for everyone. I may use a filter space of 20 for the first trade...and you may use 10.

2. You said chart is not clear......please tell what exactly in chart is not clear...as I have also given a bar-by-bar account. If you cannot open the image,thats also Ok...just open your chart and match it with the bar-by-bar account.

3. 10 days would be difficult for a slow person like me. But what I suggest is, there are >10charts with levels posted in the now-closed Miniflow thread. please go through them for better understanding.

Please understand, its much easier for me to just post levels rather than doing what I did. Aim is to help people who want to help themselves.

Rakesh
 

beethoven

Well-Known Member
Re: Intraday Miniflow Trades for Today: Saint's Method

Happy Birthday Saint

May you be the guiding light of many struggling traders for many many years to some

God Bless you

Bee
 
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