Going with the Intraday Mini-Flow!!

[vvvv]

im attaching a word file,where rules for long's are consilidated.needs more improvement..pls specify if any rules have been missed out...still confused abt the add-ons..
saint or sum1 pls state in point form..

 

[vvvv]

Yes of course! On choppy days market might want a bit from us to compound it and give it all back plus more on the trend days.

Look for smaller TF if not comfortable... No hard and fast rule to trade this strategy if not comfortable with the thought of choppy days... and land up with 50+ points in loss!

Smaller TF... check out MJ's thread "Trading 5 min with 60..."

Took the trade before 10.30... holding it on and on... where every bar making fresh lows! Still SL same at 4178 ( a Loss of 36 points) where we just made a low of 4088... a profit of 54 points...

If comfortable holding it yet... then go for this system... if not... then will not be able to ride the entire trend(psychological barriers) which will indeed take you and out in wrong directions....

Trade well.

Regards

ps:- Saint not discouraging this system... I personally traded this today... and might be trading it here on
Just advising others who are not comfortable with holding intraday positions for long .... 5 with 60 min is also a lesson from you!
Hope I have not hurt your sentiments
Please do not misunderstand me! Which is in the air nowdays

i think 5 min wud be called scalping...dangerous to play the whole..
for ex enter with 3 lots..sell each lot at a profit objective.take the last lot & ride the whole trend...just a thought

 

[vvvv]

another doubt milkyblack,
where do u put the stoploss at the moment when u stop & reverse??

 

[vpsarathy]

Stops raised to 4087-7=4080

Saint

Smart_trade

Everytime there is a pivot do you have to change stop loss following 2 bar rule or the nearest PH/PL? Is this the rule being followed?

vps

 

[milkyblack]

another doubt milkyblack,
where do u put the stoploss at the moment when u stop & reverse??

Mentioned on the chart LOD - 7
For today!

Regards

 

[vvvv]

Mentioned on the chart LOD - 7
For today!

Regards

i mean in general...not only for 2dy..as soon as u r stopped out , u reverse..but thn where do u apply the initial stoploss then..trail stop as per rules.

 

[orderflow13]

im attaching a word file,where rules for long's are consilidated.needs more improvement..pls specify if any rules have been missed out...still confused abt the add-ons..
saint or sum1 pls state in point form..

thanks again , i just trade here today, n i gone through few problems as i didnt know this system uses future chart, i was looking at spot chart, as i usually do, then shifted to future chart , ( actually i missed the point , its well mentioned by saint b4), still was confused about 2 bar rule ur post cleared it , n i suppose this system doesnt look at any candle patterns except wide range bar ( wrb) ? and major trend lines, tl breakouts vth volume ? plz any one clear my doubt, as i suppose we only go by visual pivots and thats it ( for keeping things simple )
Alex

 

[orderflow13]

another thing why there is a need to go from 30 min to much lower time frame ? 60 min and 30 min. isnt enough? ant we overanalysing things ? ( where it is absolutely not necessory ), if we smaller our time frame more n more n go through 5 min frame .. i hv few frnds who swear on anything and tell its a bad experiance, on 5 min time frame u betting on next 5 min, there is absolutely no garanty that 5 min time frame will give u direction of 30 min or 60 min,
crux of the matter is in 5 min time frame market hardly moves 10 to 15 nifty points( this also 35 % history data ) , so we only add the money in brokers account and when we hit vth loss its trade loss + brokerage, thats whyi got +ve vibes about 30min time frame for intra and felt no need to go down deeper, even 60 is fine, more the playing field better are chances and lesser whipsaws
p.s. all are personal views, i hv no rights to judge any ones method, what i felt i expressed hoping there wd others like me

 

[vvvv]

thanks again , i just trade here today, n i gone through few problems as i didnt know this system uses future chart, i was looking at spot chart, as i usually do, then shifted to future chart , ( actually i missed the point , its well mentioned by saint b4), still was confused about 2 bar rule ur post cleared it , n i suppose this system doesnt look at any candle patterns except wide range bar ( wrb) ? and major trend lines, tl breakouts vth volume ? plz any one clear my doubt, as i suppose we only go by visual pivots and thats it ( for keeping things simple )
Alex

i dont know if it fully correct or not as no1 has commented on it yet..confused abt addons & initial stoploss after SAR...dont know if saint's in town or not..meybe satya can throw sum light...
visual pivots or not, i dont understand..i understand only 1 type of pivots tht is as per rules..for me tht is the pivot.
WRB is a gud profit taking oppurtunity in intraday,but as per rules this a place to addon..

 

[rkkarnani]

another thing why there is a need to go from 30 min to much lower time frame ? 60 min and 30 min. isnt enough? ant we overanalysing things ? ( where it is absolutely not necessory ), if we smaller our time frame more n more n go through 5 min frame .. i hv few frnds who swear on anything and tell its a bad experiance, on 5 min time frame u betting on next 5 min, there is absolutely no garanty that 5 min time frame will give u direction of 30 min or 60 min,
crux of the matter is in 5 min time frame market hardly moves 10 to 15 nifty points( this also 35 % history data ) , so we only add the money in brokers account and when we hit vth loss its trade loss + brokerage, thats whyi got +ve vibes about 30min time frame for intra and felt no need to go down deeper, even 60 is fine, more the playing field better are chances and lesser whipsaws
p.s. all are personal views, i hv no rights to judge any ones method, what i felt i expressed hoping there wd others like me

Did not read much today on the thread, but Saint advised to go down to 20 minutes,(not 5 minutes) to get a sharper picture, like a Pivot made or in the making!! He accepted 15 minutes wen sum1 said he did not have 20 min. charts