Going with the Intraday Mini-Flow!!

[lvgandhi]

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

I am afraid SAR at 14:00 bar of 60 min TF ( this level is 2940) plus space is not correct lvg, We could have kept SAR at following two places :

1) After a strong down bar we can keep SAR at last 60 min high ( this does not mean high of last 60 min candle but it means high of last 60 min.) SAR was hit in 3:00 bar.So 60 min back means high of 2 candles of 30 min or 14:00 candle high in 30 min,as our main trading TF is 30 min. This level is 2910 and not 2940 as envisaged by you.

2) As hourly WRB was negating and the 3:00 bar closed above 50 % of the hourly down WRB ,the moment the high of this bar 2917 is taken out it is a reversal. Dhakkan kept his SAR here.

I have summerised the WRB reversals in my post which is few posts early.Here you will see that the resting bar closed above 50% of earlier down WRB on 60 and the taking out of high of this resting bar is a reversal. So we need not wait for the entire WRB high to be taken out.

Saint had explained these reversal in this thread long back.

With Best Wishes,trade well...

Smart_trade

Thanks ST.
But I am unable to understand your first alternative. That too "this does not mean high of last 60 min candle but it means high of last 60 min" Will you please elaborate more please?

 

[beethoven]

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

Thanks ST.
But I am unable to understand your first alternative. That too "this does not mean high of last 60 min candle but it means high of last 60 min" Will you please elaborate more please?

LVG -- ST has made a typo error. I think in point 1. last line, he means 2901 and not 2910. With this things will fall into perspective.

Bee

 

[lvgandhi]

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

LVG -- ST has made a typo error. I think in point 1. last line, he means 2901 and not 2910. With this things will fall into perspective.

Bee

Dear Bee,
I am not talking about value. I am talking about method.

 

[beethoven]

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

Dear Bee,
I am not talking about value. I am talking about method.

LVG - method is OK. It is the extension of logic in the right direction

 

[myvineet]

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

Thanks ST.
But I am unable to understand your first alternative. That too "this does not mean high of last 60 min candle but it means high of last 60 min" Will you please elaborate more please?

IV as i understand that means we doesn't need to see 12.00,1.00,2.00 pm candle but we need to watch last 60min candle ..may be from 11.30-12.30,12.30-1.30 or 1.30-2.30

am i correct ST ?

regards

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

us bailout plan is rejected just now..asian market are falling heavily

can't they wait 30min more....

 

[kiranb]

Re: Saint's Intraday Miniflow - live discussion

Good morning friends
wishing you all a happy trading day

 

[santhosh44]

Re: Saint's Intraday Miniflow - live discussion

H 2832 l 2815

 

[beethoven]

Re: Saint's Intraday Miniflow - live discussion

us bailout plan is rejected just now..asian market are falling heavily

can't they wait 30min more....

Americans are greedy. They made this mess, they have to pay for this. They are raping the resources of this world just for their very greedy and pampered lifestyle. Their wasteful ways just have to be seen to be believed!!!!.

 

[kiranb]

Re: Saint's Intraday Miniflow - live discussion

h - 2840
l - 2815