Going with the Intraday Mini-Flow!!

Status
Not open for further replies.

rajendrani

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

Very good day, just one clean trade.
Bye for now, take care of yourself,
see you tommorrow,

Rajendrani
 

jitu123

Active Member
Re: Saint's Intraday Miniflow - live discussion

Good day...but I missed rally as I was busy in a meeting.
Booked all @2715 :(
 
Re: Intraday Miniflow Trades for Today: Saint's Method

Hi,
Miniflow trades for today: 4 Dec 09

Today was a simple and straight day....with the initial trade carrying through till the end.

We get a pivot on the 30min charts, formed by the high of 10:30 bar. Go LONG above the pivot plus filter with Stops at LOD. Remember, the filter here is NOT the filter we use for the first trade in the morning..but the filter used for SARs.

We get a vertical move after the pivots get taken out....However, the negative bar of 12:30 means we DO NOT get to use the 2 bar method to raise stops.
We get a pivot on 15 min at 2690..which is confirmed by the lows of 60min bar of 1pm....Hence we raise stops to 2690 less filter. The same is threatened...but not taken out.

We start moving out of the trade after 2750, as per individual plans.

Thanks,
Rakesh
ps: Purposely mentioning 4 bar rule which was not used...as many would have been tempted to use it today. Remember, sticking to basics and curbing our need to move stops every 30min would serve us good on days like this.


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

Once Saint sir told ....about 60% of trades end up in the direction of first breakout.....it had been confirmed today......

Thanks saint..

today i learnt clearly when to ADD ........
Vijayakumar
 

bijovyppil

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

good morning friends
yesterday was a nice one.. hope it will continue
wishing you all a happy trading day:)
bijo
 

beethoven

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

Just guessing, I think today might be gap up and then later selling might continue. Purely my guess working nothing to do with technical aspect.
GM all.

Rajen - It will be a good idea to see SGX NIFTY at around 9:05 hrs IST everyday and keep it open till we open. It will give you a feel of things to come. You will not get any unpleasant surprises.:)

Bee
 
Status
Not open for further replies.