Going with the Intraday Mini-Flow!!

[shinchan]

Re: Saint's Intraday Miniflow - live discussion

need to clear one imp doubt..
which is correct to be called as a resting bar :
1)should the bar size be 50% or more than the wrb or
2) the bar level should cross the 50 % level of wrb...
pls have a look at 12.00 clock hrly bar...and give yr comments...

thank you

As far as I know, a resting bar should open with a gap down(however small) below the low of the previous bar(lower wick), and close atleast above 50% of the WRB. Then only I consider it as a resting bar. The 12.00 pm bar can be considered as an inside bar, and not a resting bar.


Edit: for eg. if the low of previous bar is 3000, the resting bar should open atleast below 2999.

 

[Sunil]

Re: Saint's Intraday Miniflow - live discussion

need to clear one imp doubt..
which is correct to be called as a resting bar :
1)should the bar size be 50% or more than the wrb or
2) the bar level should cross the 50 % level of wrb...
pls have a look at 12.00 clock hrly bar...and give yr comments...

thank you

IF YOU ARE REFERRING TO A REVERSAL RESTING BAR, THEN
option a) is right

WRB & REVERSAL resting bar should look more like "husband-n-wife" and not "parent & sub-primary school child"... (height wise)

and u know, if wife comes after husband, kiski zyada chalti hain...

if resting bar covers more than 50% of WRB, then high & low of such resting bar matters, AS IT CAN LEAD TO TREND REVERSAL
else, the high & low of WRB itself matters


and just to inform, there's no WRB yet in any 15/30/60 min chart...
one can't compare the second bar formed in all above charts with the 1st bar which is of 5min duration, and say that second bar is WRB
this is what i have learnt

 

[Sunil]

Re: Saint's Intraday Miniflow - live discussion

WRB usually comes AFTER many tight-ranged bars..

you cannot title a comparatively taller bar, which comes BEFORE such small-ranged bars, as a WRB

WRB is not just a "wide ranged bar" but actually one which comes "WITH REAL BLOW" as a storm after peace/silence/narrow ranged trades

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

i think 13.00 bar high is valid pivot high after 7 more min

 

[vinst]

Re: Saint's Intraday Miniflow - live discussion

WRB usually comes AFTER many tight-ranged bars..

you cannot title a comparatively taller bar, which comes BEFORE such small-ranged bars, as a WRB

WRB is not just a "wide ranged bar" but actually one which comes "WITH REAL BLOW" as a storm after peace/silence/narrow ranged trades

hehehe,
whatta definition !!

vin

 

[Sunil]

Re: Saint's Intraday Miniflow - live discussion

hehehe,
whatta definition !!

vin

when a WRB is being formed, you really feel the blow...

 

[mansukh]

Re: Saint's Intraday Miniflow - live discussion

HDIL trading guys r minting and counting

PS: i hav personally not traded jus cheering the ones who did!!

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

HDIL trading guys r minting and counting

masukh , how many trade u do today ?

just curious....

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

now pivot high is very clear now

 

[pleaseharsh]

Re: Saint's Intraday Miniflow - live discussion

hey thanx all..kiranb, shinchan, vineet, sunil and all for the feedback...electricity went off,low bandwith..etc..disadvantages of living in small cities as compared to metros...

ok i got it regarding the resting bar....sunil nice way to explain resting bar mate..good sense of humour ...