Going with the Intraday Mini-Flow!!

[Revati]

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

Yes uthuman,agreed clear PH formed at 13:20 and the same was broken in 2:00 bar.But see the 30 min bar preeceeding this breakout this was a red candle not indicative of strength. I always require a strong bar on 60 or 30 preeceeding this breakout bar. At 2:00 the bar closes strong then I would reverse at a higher PH on 15 if it was there and if broken after 2:00. The preeceeding bar test has kept me out of many false start trades.I require some strong indication such as taking out the top of preeceeding WRB,closing above 50 % of last WRB and then breaking the high of resting bar or some similar strong indications to reverse on 15 min PH,not a weak and wavering white candle which gets negated in no time .

And we are not saying that because this 15 min breakout did not work.This was decided while the market action was going on and many TJ members also took the same view and this decision proved right. We have to train our eyes to see the amalgamation of various timeframes to move SAR to 15 PH.

Best Wishes,

Smart_trade

Thanks for this nice explanation. Preceding bar strength is the key here. Its best to avoid 15 min pivot reversals unless higher TFs and this preceding bar on 30 min both support it.

Thanks,
Revati

 

[unforgettableboy]

Re: Saint's Intraday Miniflow - live discussion

hi to all can somebody explain me in detail what is 'SAR LEVEL' GOD BLESS ALL.

 

[uthuman]

Re: Saint's Intraday Miniflow - live discussion

SAR is stop and reverse for the existing trade.
If you are on long trade, at SAR, ( pivot low - filter or Day's low - filter) you are exiting from your long position and entered into short position.
And vice versa for short position.

uthuman

hi to all can somebody explain me in detail what is 'SAR LEVEL' GOD BLESS ALL.

 

[MINITRADER99]

Re: Saint's Intraday Miniflow - live discussion

Hi. Good evening to everyone.
I am new to this forum. My experience is limited to purchasing share as investor and doing swing trading. I have gone through most of the post of Saint in this great forum copied and pasted in my folder. But I can not say whether I have understood them properly or not. Trying to put knowledge gained from the posts by starting paper trading now. Need help of members. Thank you

 

[uthuman]

Re: Saint's Intraday Miniflow - live discussion

Welcome Minitrader99.
Freinds will clarify your doubts whenever you need.
Happy trading.

uthuman

Hi. Good evening to everyone.
I am new to this forum. My experience is limited to purchasing share as investor and doing swing trading. I have gone through most of the post of Saint in this great forum copied and pasted in my folder. But I can not say whether I have understood them properly or not. Trying to put knowledge gained from the posts by starting paper trading now. Need help of members. Thank you

 

[uthuman]

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

Thanks ST for the explanation.

Yes uthuman,agreed clear PH formed at 13:20 and the same was broken in 2:00 bar.But see the 30 min bar preeceeding this breakout this was a red candle not indicative of strength. I always require a strong bar on 60 or 30 preeceeding this breakout bar. At 2:00 the bar closes strong then I would reverse at a higher PH on 15 if it was there and if broken after 2:00. The preeceeding bar test has kept me out of many false start trades.I require some strong indication such as taking out the top of preeceeding WRB,closing above 50 % of last WRB and then breaking the high of resting bar or some similar strong indications to reverse on 15 min PH,not a weak and wavering white candle which gets negated in no time .

And we are not saying that because this 15 min breakout did not work.This was decided while the market action was going on and many TJ members also took the same view and this decision proved right. We have to train our eyes to see the amalgamation of various timeframes to move SAR to 15 PH.

Best Wishes,

Smart_trade

 

[lvgandhi]

Re: Saint's Intraday Miniflow - live discussion

Hi. Good evening to everyone.
I am new to this forum. My experience is limited to purchasing share as investor and doing swing trading. I have gone through most of the post of Saint in this great forum copied and pasted in my folder. But I can not say whether I have understood them properly or not. Trying to put knowledge gained from the posts by starting paper trading now. Need help of members. Thank you

welcome minitrader99 to traderji. I hope you will get benefitted here.

 

[manojkch]

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

Dear all,
As requested earlier, it will be very useful if one can post all TF charts (15/20/30/60) at eod to visualise the things better. The reason is that many learners do not have access to NF charts but they want to learn seriously. With 30 min chart, it is very difficult to understand / visualise the things like " Higher time frames are conversing", "resting / revesral bar on higher TF", etc. As the method also incarporates higher TF for trade reversal confirmation, these charts are required to learn the things in better way.

Thanks.
Manoj

 

[pakatil]

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

Dear all,
As requested earlier, it will be very useful if one can post all TF charts (15/20/30/60) at eod to visualise the things better. The reason is that many learners do not have access to NF charts but they want to learn seriously. With 30 min chart, it is very difficult to understand / visualise the things like " Higher time frames are conversing", "resting / revesral bar on higher TF", etc. As the method also incarporates higher TF for trade reversal confirmation, these charts are required to learn the things in better way.

Thanks.
Manoj

Dear Manoj,

I think, that a person with the real intent of learning, would not mind subscribing to a Data Vendor. Like less expensive iCharts. It would help him to correlate the things said here with those charts. Even if one does not want to spend anything, he can get day's tick data from investbulls.

Learning is a very hard process my dear frnd, not just for fun sake.

No offence meant, just my 2cents..

Cheers

 

[kapil123]

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

Dear all,
As requested earlier, it will be very useful if one can post all TF charts (15/20/30/60) at eod to visualise the things better. The reason is that many learners do not have access to NF charts but they want to learn seriously. With 30 min chart, it is very difficult to understand / visualise the things like " Higher time frames are conversing", "resting / revesral bar on higher TF", etc. As the method also incarporates higher TF for trade reversal confirmation, these charts are required to learn the things in better way.

Thanks.
Manoj

For the learning purpose, the Intraday data can be downloaded from sites like 4 sha red. com (without spaces) or Invest bulls . com

Whereas 4 sha red data can be used with Metastock or Amibroker, invest bulls gives the intraday charts as well as data that can be used with Amibroker or Metastock on their site. The historical intraday charts for all the time frames can be seen there.

So, instead of relying on somebody posting the charts here, one can use these resources which are freely available.