Re: Intraday Miniflow Trades for Today: Saint's Method
Putting it simply......Breakdown candle from a sideways congestion....Long above the first bullish candle.That bullish candle could be the very breakdn candle that reversed,or the next candle after the breakdown candle.
So,breakdn bar that reversed on itself and formed a bullish candle and therefore a bottoming tail as well.(like yesterday)
Or a breakdn bar,completed bearish candle,followed by a bullish candle and next candle takes out the high of the bullish candle.
Exceptions:When you get a WRB breakdn candle,then WRB rules apply.
Does it work every time all the time?Nothing does in the Trading World......but it is high probability,and the move is usually sweet...very sweet.
Saint
ps:Sorry for not being elaborate and with chart examples.
Putting it simply......Breakdown candle from a sideways congestion....Long above the first bullish candle.That bullish candle could be the very breakdn candle that reversed,or the next candle after the breakdown candle.
So,breakdn bar that reversed on itself and formed a bullish candle and therefore a bottoming tail as well.(like yesterday)
Or a breakdn bar,completed bearish candle,followed by a bullish candle and next candle takes out the high of the bullish candle.
Exceptions:When you get a WRB breakdn candle,then WRB rules apply.
Does it work every time all the time?Nothing does in the Trading World......but it is high probability,and the move is usually sweet...very sweet.
Saint
ps:Sorry for not being elaborate and with chart examples.