Going with the Intraday Mini-Flow!!

[nareshbahrain]

What is the term SAR here?

Thanks.

.........it stands for STOP AND REVERSE......

 

[trillian]

can anyone explain yesterday's trade by this flow from open 5 min bar in brief?

Where we reversed and wt is the reason for reverse?

because yesterday i got confused totally.

It will be useful for me to reiterate again this strategy if someone explain what we did yesterday clearly with time frames.

Thanks.

 

[vpsarathy]

can anyone explain yesterday's trade by this flow from open 5 min bar in brief?

Where we reversed and wt is the reason for reverse?

because yesterday i got confused totally.

It will be useful for me to reiterate again this strategy if someone explain what we did yesterday clearly with time frames.

Thanks.

Trillion,

I asked the same Q to Saint. Didnot get any reply? May be he is thinking it over. We need to wait. The system is still not final. He was to release for test-trade on 15th Oct. Pressures from many has forced him to prepone. Now we have to face uncertainities. One can't hold Saint responsible for this situation.

vps

 

[rkkarnani]

can anyone explain yesterday's trade by this flow from open 5 min bar in brief?

Where we reversed and wt is the reason for reverse?

because yesterday i got confused totally.

It will be useful for me to reiterate again this strategy if someone explain what we did yesterday clearly with time frames.

Thanks.

Yesterdays trades were confusing as the rules were not clear. Not clear in the sense that the same were modified!!!
As per day before rules, the trades by ccmb420 seems to be okat except his first exit!!!
Let me try to write the trades, the levels are not in front of me.
Went long above the 10 AM bar high + 9
Sl was 10 AM bar low less 9
At 11, when 11 AM bar ended, the SAR was 11 AM bar's low less 9
At 12 when 12 Noon bar endedthe SAR was 12 Noon bar's low less nine.
The low of the 12 Noon bar, probably 4197 was breached and SAR level of 4288 was triggered, we went short with high of the 12 Noon bar high + 9 as SAR.
At 1 PM, when the 1 PM bar ended, we moved our SAR to the high of 1 PM bar + 9
At 2 PM , the SAR was high + 9 of the 2 PM bar, this was slightly more than the previous SAR.
At 3 PM the SAR was 3 PM bar high + 9.
After 3.15 we gradually booked profits and exited all positions by end.

Saint had suggested something different!!! Had some confusion due to his monitoring multi threads at a time.
Saint had exited some qty. at cost.... why we shall know on his return!!!
Tiill then do track the system and paper trade it (My suggestion, you may ignore it!!).

 

[VJAY]

Hi RK.
Can you explain the rules which changed yesterday and inbetween trading hrs.

Regards
VJAY

 

[kapil123]

As per the new rules the entry was 4208, SAR was 4161 and trade should have been reversed at 4161 only.

 

[Smart_trade]

As per the new rules the entry was 4208, SAR was 4161 and trade should have been reversed at 4161 only.

As per the new rules,these entry /exit levels are correct

Trade Well !!!

Smart_trade

 

[Smart_trade]

Hi RK.
Can you explain the rules which changed yesterday and inbetween trading hrs.

Regards
VJAY

Refer to Post No 552 in this thread for changed rules.

Smart_trade

 

[ThE HaMmEr]

1st 5 min bar ---> (september nifty)

high 4177.80 (we go long at 4186.8) sl - 4145

low 4154 ( we go short at 4145 ) sl 4186.8

 

[VJAY]

5 min low 4158 high 4171.35 is it correct?

VJAY