Re: Intraday Miniflow Trades for Today: Saint's Method
ST, Rakesh, Dhakkan
If you could see the breakout and go long above 11:30 am bar hi then hats off to you. My doubts are with Sunil, Pakatil and others who are silent.
You see the entire range is very narrow 2980 to 2931 only 49 points and our high filter is 14 and if you put it both sides it is 28. Now my point here is pin pointing a failed breakout (it is easy in a WRB but not in bars of this size) in such a small region with very small bars being formed and then going long over 11:30 am plus small filter when PH is just a few points way and specially when we have seen the kind of volatility and reversals in recent times in miniflow is very difficult, at least for me.
The explanation by ST, Rakesh, Dhakkan are logical and correct but are they implementable psychologically.
Maybe with experience we will see what ST, Rakesh, Dhakkan are seeing and able to trade like them.
My reflexes are slow
Bee