Going with the Intraday Mini-Flow!!

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pleaseharsh

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

good day...though on paper so...learnt some valuable points....still need to catch up lot ...espcially adds, profit booking level ...etc ;)
 

Sunil

Well-Known Member
Re: Saint's Intraday Miniflow - live discussion

good day...though on paper so...learnt some valuable points....still need to catch up lot ...espcially adds, profit booking level ...etc ;)
tamaaro paper profit saras che
pan tamaaro actual profit ina tidhi saras rehse

aa maari tamaare maate shubhichha che

GOD BLESS
 

manojkch

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

Hi Santosh44,
Thanks for posting EOD Charts. One request.. Please also post 60 min TF charts along with 15 and 30 TF .It will help everone to analyse Saints method as it involes 60 TF for broader view. Please kkep on posting EOD charts daily so that it will be helpful for person like me who don't have accsee to NF charts.

Thanks once agin for this good work.

manoj
 

manojkch

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

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

Dear Rakesh Sir,
First let me thank to SAINT Sir, who have given this beautiful system to us and that too in simple language.

Thank you very much for starting this thread. It is very useful thing which you have started as there are many lwho have eager to learn thououghly the method but can not devote full time to learn. In fact I was looking for such EOD chart analysis since long time, and you have fulfilled my wish. Thans one again for your great work.

I have a doubt. It will be very helpful for me and other learners , if you & any experienced member can through some light on it. This is regarding Filter. As Saint Sir and you have mentioned that, everyone can use different filters depending on his backtesting results. But here I feel that ( I may be wong, as I am beginer & learner) it will involve subjectivity in trading and filter is the first thing which get you in and out of trade.

In my opinion, there should be some standardisttion for deciding filter so than we can say that it is "THE PLAN". Main objectve of any trading plan is "PROFIT". So, Say if in todays scenario, when nifty is trading around 2500, and, for eg, we are using 12 as filter for first entry , which comes to be approximately 0.5% of nifty value. So when nifty will trade at , Say 3500, the filter is 0.5% of 3500 i.e. 17 point. Is it like that ? Will it remove subjectivity in filters? Because our trading methodology is same for all, hence filter should also be same .For eg, if 12 filer, is showing good result, then it should show same result to all and all will benefit.

Hope I am able to explain what I mean. Being you & seniors are well conversent with the method, I am sure, you can arrive at some conclusion in developing methodology for filters.

Thank you.
Manoj
 
Re: Intraday Miniflow Trades for Today: Saint's Method

Dear Rakesh Sir,
First let me thank to SAINT Sir, who have given this beautiful system to us and that too in simple language.

Thank you very much for starting this thread. It is very useful thing which you have started as there are many lwho have eager to learn thououghly the method but can not devote full time to learn. In fact I was looking for such EOD chart analysis since long time, and you have fulfilled my wish. Thans one again for your great work.

I have a doubt. It will be very helpful for me and other learners , if you & any experienced member can through some light on it. This is regarding Filter. As Saint Sir and you have mentioned that, everyone can use different filters depending on his backtesting results. But here I feel that ( I may be wong, as I am beginer & learner) it will involve subjectivity in trading and filter is the first thing which get you in and out of trade.

In my opinion, there should be some standardisttion for deciding filter so than we can say that it is "THE PLAN". Main objectve of any trading plan is "PROFIT". So, Say if in todays scenario, when nifty is trading around 2500, and, for eg, we are using 12 as filter for first entry , which comes to be approximately 0.5% of nifty value. So when nifty will trade at , Say 3500, the filter is 0.5% of 3500 i.e. 17 point. Is it like that ? Will it remove subjectivity in filters? Because our trading methodology is same for all, hence filter should also be same .For eg, if 12 filer, is showing good result, then it should show same result to all and all will benefit.

Hope I am able to explain what I mean. Being you & seniors are well conversent with the method, I am sure, you can arrive at some conclusion in developing methodology for filters.

Thank you.
Manoj
:eek::eek:..dont you 'Sir' me Manoj........I am learning as much as anyone else here, though the mode is a bit different.
Coming to filters...there are 2 reasons for not mentioning filters:
1. Specifying the filter here would result in everyone taking it, leading to bad price fills at the action points. If you traded the 60min system, you would know what I am implying.
2. All learners of this method are encouraged to do some backtests on their own..and derive at the filter most appropriate for use in Nifty as wel as stocks. Giving it here would be promoting a particular filter..maybe akin to spoonfeeding.
3. If you go to the mother thread of miniflow..u would know the filters which were is use....For nifty it had been 14/7/5, though most would have changed these by now.

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



Posting today's ( 1-12-2008) 30 min chart with miniflow trades marked on it.


The long trade in the morning was not triggered for most as we are using different space or filter now.

The first trade of the day was short at the crack of 15 min pivot at 2810 less space. Note that 15 pivot was used as higher TF were agreeing for reversal as well.
1st add was at 2796 less space on crack of 30 min PL

2nd add was at 2738 less space on crack of WRB low.

Partial profit booking in 2710-2720 range.

Balance profit booking at 2670-2690 range as per everyones comfort.

A great day after many choppy sessions.

Best Wishes,

Trade well,

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



Posting today's ( 1-12-2008) 30 min chart with miniflow trades marked on it.


The long trade in the morning was not triggered for most as we are using different space or filter now.

The first trade of the day was short at the crack of 15 min pivot at 2810 less space. Note that 15 pivot was used as higher TF were agreeing for reversal as well.
1st add was at 2796 less space on crack of 30 min PL

2nd add was at 2738 less space on crack of WRB low.

Partial profit booking in 2710-2720 range.

Balance profit booking at 2670-2690 range as per everyones comfort.

A great day after many choppy sessions.

Best Wishes,

Trade well,

Smart_trade
Thank you Smart_ trade for posting todays trade. It gives lot of confidence to juniors when our trade is almost similar to seniors. Continue the great tradition of Saint to teach others.
 
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