Going with the Intraday Mini-Flow!!

[Saint]

Saint, seems a typo!!!It cannot be the high of the previous bar which at present is the bar completed at 12 Noon with a high of 4282.
The bar in formation at 12.40 , when you have posted has the high of 4286, (not previous bar), so you probably mean that we move the SAR to the high of the immediately completed bar + Filter!!!
When the 2 PM bars starts to form, i.e. end of 1 PM bar, we move the SL to 1 PM bar's high plus filter.
So when we say this on completion of 1 PM bar, and just as the 2 PM bar starts to be formed , we say move the SAR to previous bars high plus room!!

Is this correct???

High of 11 am bar is 4286.At 11:00:01,move stops down to 4295.

High of 12 noon bar is 4282.At 12:00:01,move stops down to 4291

High of 1 pm bar is 4286.At 1:00:01,move stops to 4295.

Next move of stops at 2:00:01.......

Saint

 

[Smart_trade]

after 2=00 bar gets complete our SAR will be brought down to 4244 +9 =4253

 

[Saint]

I think you are correct...so once we enter into 2pm-3pm cycle, we use the high (4286+9=4295) of the 12pm-1pm cycle...

Nope......that's too slow....all that is the strategy for the 60min Flow.Please reread my answers a couple of pages ago.

Basically,you use the previous bar's high + filter as your stop during this very cycle.

At present,your stop is at 4286+9=4295

Saint

 

[Saint]

after 2=00 bar gets complete our SAR will be brought down to 4244 +9 =4253

ah,mine shows the highs of this bar so far at 4247.....But yes,correct on the understanding.

Saint

 

[lvgandhi]

after 2=00 bar gets complete our SAR will be brought down to 4244 +9 =4253

present bar ie 14:00 bar in making has already high of 4247. Hence as of now it will be 4247+9=4256.

 

[niftychance]

ah,mine shows the highs of this bar so far at 4247.....But yes,correct on the understanding.

Saint

Same here 4246.5 ...

Those who are having minor diff in levels due to data issues, can adjust the room a bit (maybe increase by 1-2 points) and trade with what they are getting...

Thanks

 

[Saint]

So now stops at 4247+9=4256

Saint

 

[vpsarathy]

Pray you are still paper trading!!! and did not enter long with 10 lots!!!! And by the way where did we get this figure of 10 lots from!!!

Saint always talks about 10lots at entry. I understand that each one to his ability. Thank you.

vps

 

[vpsarathy]

Todays is really a boring day; Not much movement, shows a nervous status; ppl not knowing which way to move.

vps

 

[Saint]

Saint always talks about 10lots at entry. I understand that each one to his ability. Thank you.

vps

Nope VPS,no 10 lots per entry .......position size as per your capital.How to is already described many times.

For example,am short 4 lots as that first bar high was 4325 and low 4264.

So,position sizing only allows me 4 lots for this trade.......

Saint