Trading With The Flow!!!

As there have been excellent participation in the NF Miniflow, we are starting a new thread for following the same.

Here is the link for this thread

Kapil

Today our longs were triggered above first 5 min bar + f. Then on the break of 1pm bar (pivot low)-f, we went short. Adds also triggered below 2.30 bar - add filter. Profit booking at end of day. It was a great day overall.

Kapil

I have some doubts in yesterday's trade(24/03/09). In the mrng long trade ard 12.15 we had db at 3004 on 15 mins and the next bar was black. and at the same time 30 mins also turned black with 60 supporting it. So i thought we can reverse the trade below the low of that candle - filter . will it be the right place to reverse the trade from there ? Kindly throw some light on this.

ramash

Kapil

I have some doubts in yesterday's trade(24/03/09). In the mrng long trade ard 12.15 we had db at 3004 on 15 mins and the next bar was black. and at the same time 30 mins also turned black with 60 supporting it. So i thought we can reverse the trade below the low of that candle - filter . will it be the right place to reverse the trade from there ? Kindly throw some light on this.

ramash

Making a black candle on 30 and 60 would not be reason enough to reverse. It could have been just a small decline after so many bullish bars in a row. As for db on 15 min, db are made during a downtrend and not an uptrend. And moreover we don't have reversal rules based on them for miniflow. As for SAR, we have to reverse the trade when this level is hit, so we have to be sure that the trend has reversed for the day.

Yes, one can have individual rules for profit booking, and at the levels mentioned if your individual rules told you to book profits, that could have been done. But for reversal, there has to be more proof from the charts.

Kapil

Short triggred:-)

covered as looks like wrong entry because of data source..
will enter accordingly.

Have set the SAR a little above the round figure. This sometimes avoids those whisker-whipsaws. So far just missed, lets see further.

i didnt get the first trade cuz of first 5 min level….so first trade long for me….also i went by 10.30 bar high…dont know if it was a right move but took bit of 15 tf clue…

i didnt get the first trade cuz of first 5 min level….so first trade long for me….also i went by 10.30 bar high…dont know if it was a right move but took bit of 15 tf clue…

If the 1st trade did not trigger for you, the long should have been above the 1st 5min bar + mf.

Kapil

true kapil…..i just took some candlestick pattern on 15tf into consideration for going long….bit risky though

Could someone pls recommend a proper place to add to long in NF. Cuz I do not see any WRB or pivots.

Add above 12:00 noon bar H + add f

ST

yes ST…………….At that time,Amit,no place for adds…………and we wait.

Now,an opportunity presents itself, unless of course trade reversal happens….otherwise,above the 12noon bar as ST mentioned.

Saint

12.30 bar is big bearish bar , so bringing SAR at its low-sf…

vineet

In short trade

Reversed to shorts below 12 o'clock hourly low of 2949-f, which also corresponded to 15 min pivot.

Kapil

Really a Tough day

JV

Yes, got tossed around. Now looks like the resting bar has cracked.

well..just take this as a monthly class test..

vineet

Phew! someday to talk about.

Saint, could you pls post the trades for the day. How this day could be optimally traded using the the miniflow?

Tks.

What a day it was. First a short triggered on taking out the low of the first 5 min bar +f. Then we reversed the trade to long when the high +f of this 5 min bar was taken out. Then as we had a pivot low on 15 min which coincided with low of 12 o'clock bar. Reversed to short when this -f was taken out. Again reversed to long when the high of 1.30pm bar was taken out.

Tough day, but all who stuck to the plan, great going

Thanks kapil for the chart.
Yes,today both the trades hit SAR. As U said, its our trade plan.

Used bigger filter so long avoided so far… now looking forward to enter at BOF bar low… lets c.

Great going Amit…though I have a slightly different approach.

This looks like a sideways market…..no clear or decisive move so far. Break out too seems very weak. I would prefer to go short at days lows with a bigger filter.

Puneet

Dont know about the great going part tho…. :)

So far,a simple day……..a one directional move.

Great stuff

Saint

Today was a simple day. Long over 12.30pm bar +f. That was a pivot on 15 min too. Then add over 2.30pm bar + add filter.
Profit booking at the end of day as per individual plans

Kapil

Long triggered

Planning to reveres 10.30bar low -f..

in short now.

yes kapil.
having SAR as HOD.
but loooking 15mts closely… if in case of reversal again:-)

SS, Where did you go short and why?
It should still be long

Kapil

kapil ,
i did reversal based on 10.45 bar (15mts) as it looks like WRB & reversal to me..
I may be wrong.. closely watching to reverse to long..
Thanks for alerting me.

SS,

We are trading 30 min charts here with 15 and 60 min charts to help us in giving further hints.
So going short on a WRB on 15 min charts is not as per Miniflow plan.
Now look at 30 min charts, we have a biggish bar at 10.30. So what do we do at 10.30, nothing we keep the SAR at low of day. No change in plan yet. Now on 60 there is a reversal bar that is forming. Yes at 11am, it is a very strong reversal bar. Low of this 11am 60 min chart bar corresponds with 10.30 bar low. So, move the stops there. And that stop is not taken out, as the filter protects us. So, the trade is still long.

Kapil

thanks. will correct accordingly.

Nothing much to add to your post,Kapil…..excellent!

Saint

Thanks kapil & saint.
In long flow now ( sometimes predetermined thoughts will taking us from the plan:-))

Not an issue,SS……All learning together.

Saint

out half @3103

dear Kapil/ Saint sir,

i trade Minifty and reversed to short at 11.00 a.m bar low (3075.1, which my chart showed)- small filter, that means i shorted at 3068.1.. so its confusion all around.. i did it according to the method..
please tell me if i am wrong

regards
bijo

dear Kapil/ Saint sir,

i trade Minifty and reversed to short at 11.00 a.m bar low (3075.1, which my chart showed)- small filter, that means i shorted at 3068.1.. so its confusion all around.. i did it according to the method..
please tell me if i am wrong

regards
bijo

Bijo,

Method says a reversal when the charts show that price is reversing. We had 2 bullish bars on 30 min, the 10.30am bar being biggish too. And then a bearish bar on 30. But on 60 min charts 11 am bar is a great reversal bar. The low of this bar coincides with the low of 10.30 am bar. And so the correct place for keeping SAR was at 10.30am bar -f on 30 min (=11am bar low -f on 60 min charts).

Keeping the SAR below 11am low -f on 30 min charts was never the right thing.

Kapil

oops.. got it now.. thank u Kapil for pointing out the error… it was a big mistake.

OUT ALL @ 3130

out at 3132..

Thanks kapil, Saint & others..
went well today..

Saint sir,

Todays market action threw some very basic questions at us and I think we should clear these .

1) Do we consider 10:30 bar in NF as a WRB or not ? The range and the volumes are in favour but the location of closing we would have liked to see more towards high of the bar.

2) If the answer to the above is yes,then we had 11:00 bar as a resting bar which closed negating 95% of the WRB. We have in many cases reversed to short even if this immediate next resting bar closed below 50 % of WRB. Here we are reversing at resting bar low -f. For some the earlier long trade got reversed because of small filter,for some not reversed because of higher value of filter they are using. We are not reversing on 15 min pivot etc so no need to see the higher/lower TF convergence. We are reversing on 30 min resting bar low (which had negated 0ver 95% of WRB ) -f getting cracked.

After taking a reversal to short we again reversed to long on 30 min PH,added etc…..

The above basic points need to be cleared. I welcome anyone else also to share his ideas.

Best Wishes,

Smart_trade

Today we got long at the 1st 5min high +filter break. Next we get another big bullish bar. Great our SAR at low of day.
Next bar is bearish and that shows as a reversal topping tail bar on 60. We wait keeping the SAR at low of day. After 11 o'clock we have a big reversal bar on the 60 min charts, the low of which corresponds to the 10.30 bullish bar on 30 min chart.
So, we move our SAR to the low of this 11am bar - f on 60min charts (this corresponds to 10.30 bar low on 30 min). Well this reversal is saved by filter. But now we have a PL made by 11.30 bar on 30 min charts slightly lower than our previous SAR level. We shift the SAR to the 11.30bar low-f.
Adds get triggered when 1pm bar high +add filter is taken out.
Profit booking at end of day as per individual plan.

Kapil

Saint sir,

Todays market action threw some very basic questions at us and I think we should clear these .

1) Do we consider 10:30 bar in NF as a WRB or not ? The range and the volumes are in favour but the location of closing we would have liked to see more towards high of the bar.

2) If the answer to the above is yes,then we had 11:00 bar as a resting bar which closed negating 95% of the WRB. We have in many cases reversed to short even if this immediate next resting bar closed below 50 % of WRB. Here we are reversing at resting bar low -f. For some the earlier long trade got reversed because of small filter,for some not reversed because of higher value of filter they are using. We are not reversing on 15 min pivot etc so no need to see the higher/lower TF convergence. We are reversing on 30 min resting bar low (which had negated 0ver 95% of WRB ) -f getting cracked.

After taking a reversal to short we again reversed to long on 30 min PH,added etc…..

The above basic points need to be cleared. I welcome anyone else also to share his ideas.

Best Wishes,

Smart_trade

There has been a confusion today on whether we consider the 10.30 bar as a WRB or not and if yes then why not reverse below 11am bar on 30 min charts. Let me try to answer this, for Miniflow we view the charts in isolation, which means we are not bothered what happened the previous day.

The question now is whether 10.30 bar on 30 min charts is WRB. The bar never closed at the highs, so I won't consider it as WRB. Even if we consider it a WRB, what should be the course of action?

Now coming to the action to be taken in case of WRBs, when do we reverse and how?

In case of a continuation WRB, we take the reversal when the whole bar is negated and in case of breakout bars we go short below the resting bar. In this case we had a 5min bullish bar, and then 10.30am bullish bar. So, is it a continuation bar or is it a breakout bar? Definitely not a breakout bar. So, we look at all TFs for clues and the clue is given by 60min charts. We do get a topping tail on 60 min charts and we shift the SAR to 11am hourly bar.

Kapil

Hi ST,

In the 60min Flow,that first bar was pivot and the next bar was a breakout bar………………..as we are taking that overall view.But in the intraday miniflow,we are not bothered about yesterday….only today's price action.We have Bar 1,and a biggish bar 2……either way,it's not a Breakout WRB.Just 2 bars in a row,meaning that our stops remain at LOD,and once that bar is formed,we raise our stops to the low of that bar.Here,there is nothing like 50% or 90% as stops are raised to bar lows only in a WRB Continuation move.Only in a WRB Breakout do we put that 50% mark and reverse.

So,the stops are clearly at 10:30am low…………..but what we should be thinking and pondering about is this:Bar 2 closed Rs20 off the highs_,my dilemma is not that our stops are at 10:30am lows or at 11am lows…..Instead I feel that when we get a hazy bar that closed off its highs,and for definition we do not call it as a wrb………………………….should the stops have been raised at all from LOD??Today we had a good day because the filter saved us,another day we would be kicking ourselves.But that is where TF Amalgamation comes in,and that reversal bar on 60 sealed our SAR as the 10:30am low.If we had not got that confirmation,with the help of other Timeframes,would have left stops at LOD.

I think the WRB breakout cobwebs need more clearing,esp. for the newer guys………will open it up in questions and answers today.Please do feel free to ask.Shall try to clarify them.

ST,any other doubts in this post…………get back to me,my friend.

Saint

Great learning posts above. Don't know how to handle so many things on 30 min TF. Now that we have seen this situation we can be ready next time. But main things which can save us is
1. When in doubt keep SAR at a pivot or at safer point like LOD here.
2. This distinction between continuation WRB and breakout WRB is new and hence the treatment also is new.
3. When in doubt always fall back to WRB low crack instead of resting bar or failure bar low break.
Bee

sir very nice explanation : one more doubt if longed then does 1.30 bar (half bearish bar) after that long bullish bar could be justified as sar. i put up sar at 1.30 bar low cuz we had 3 failed attempts already to break the day's high region & i took 1.30 then as sar ?

No Harsh, 1.30 bar is wrong place to put SAR. We are not into anticipatory trading here, but are looking at catching the flow. And break of 1.30 bar does not mean reversal of flow.

Kapil

Thanks kapil, saint for the clear explanation on WRB , Breakout, Continuation bar..

One doubt about failed break out:

If we have a half hourly WRB bar as a break out bar (say 10:30) and the next half hour (11:00) negates it, then we will have a hammer, doji whatever on the 60 for confirmation. But say if the above event is advanced by half an hour, that is 11:00 is break out and 11:30 is negation, then on the hourly we will have a strong bullish bar, and a strong bearish bar (assuming the breakout failure happens). In such cases where is the best reversal point - the lower of the two 30 minutes bars involved. Isn't that the rule that will be right everytime.

Rgds.

Thanks Saint sir and Kapil for the above posts. Frankly breakout WRB and continuation WRB were new concepts to me. Dont remember they have been discussed in TJ motherthread or if discussed dont know how I missed such important concepts.

But good that these situations give us opportunity to learn something which is much more valuable than a few stoplosses ( we are traders,stoplosses dont bother us but concept wise we should be clear)

Thanks once again,

Smart_trade

thanx kapil for the answer….

Great help from the seniors does help to correct what we left out in observations. Only doubt I have is 1.Is it that we buy longs/shorts for the first trade H+F or L-F only and after which fresh trades are not be followed in this manner ? 2. If so how can the second trades if we miss out the timing of initial entry to enter into the flow.

What willbe the ideal MF SF/Reversal and AF for Banknifty

One doubt about failed break out:

If we have a half hourly WRB bar as a break out bar (say 10:30) and the next half hour (11:00) negates it, then we will have a hammer, doji whatever on the 60 for confirmation. But say if the above event is advanced by half an hour, that is 11:00 is break out and 11:30 is negation, then on the hourly we will have a strong bullish bar, and a strong bearish bar (assuming the breakout failure happens). In such cases where is the best reversal point - the lower of the two 30 minutes bars involved. Isn't that the rule that will be right everytime.

Rgds.

Flock,

Once we are talking of WRB breakout bar on 30 min charts, with the next bar negating it more than 50%, we can take a short when the next bar's (that's negating the breakout bar ) low is taken out. But one has to be careful on whether the breakout bar was a WRB (the range, open at lows and close at hights etc).

Kapil

Great help from the seniors does help to correct what we left out in observations. Only doubt I have is 1.Is it that we buy longs/shorts for the first trade H+F or L-F only and after which fresh trades are not be followed in this manner ? 2. If so how can the second trades if we miss out the timing of initial entry to enter into the flow.

What willbe the ideal MF SF/Reversal and AF for Banknifty

Norbe,

To the first question, there is a method to the entry to the longs/shorts for the first trade. It is not necessary that it would be at low or high +f of the day. Depends where the trade triggers and what kind of price action does the market shows. Regarding if we can enter the 2nd trade in Miniflow, if the first has been missed. Yes we can definitely enter the 2nd trade if 1st has been missed. But one must ensure that trade is entered at the right place, and not as an afterthought.

Regarding the ideal MF, SF and AF for Banknifty, it is as per individual choice after a thorough backtesting and everybody has own filters.

Kapil

Observation 1:A WRB breakout after a sideways congestion or pullback to new highs on high volumes must be followed by a continuation of that move………if it doesn't,it is aFailed Breakout Pattern.

Observation 2:A WRB after many bars up(talking longs) on high volumes could signal the end of the trend…..the operative word being "could"…….Reversal only on the negation of that WRB.If this negates that entire WRB and falls vertically from there, a possible "V" pattern move.

Observation 3: We get a move up higher pivot highs and lows and then a blast off awrb,after wrb and even bigger wrb multiple bars up,with no pivots this move finally puts in a WRB on high volumes followed by a resting bar Short that resting bar
That is the only time where a WRB within a continuation move ….you act upon the resting bar
So,both are WRBs……2 different patterns…….one is a definite failed wrb breakout, the other is a possible V pattern move.

Saint

The above is original post from the original thread by Saint on the method. The same is given under School > Methods > Intraday Miniflow Method .

Kapil

Thanks for the clarification Kapil.

Rgds

So,the stops are clearly at 10:30am low…………..but what we should be thinking and pondering about is this:Bar 2 closed Rs20 off the highs,my dilemma is not that our stops are at 10:30am lows or at 11am lows…..Instead I feel that when we get a hazy bar that closed off its highs,and for definition we do not call it as a wrb………………………….should the stops have been raised at all from LOD??Today we had a good day because the filter saved us,another day we would be kicking ourselves.But that is where TF Amalgamation comes in,and that reversal bar on 60 sealed our SAR as the 10:30am low.If we had not got that confirmation,with the help of other Timeframes,would have left stops at LOD.**

Saint,

We are not considering 10:30 bar as WRB then why raise the SAR to 10:30 bar low at all ? No reason, SAR should be at 10:00 low.

Could not understand "But that is where TF Amalgamation comes in,and that reversal bar on 60 sealed our SAR as the 10:30am low.If we had not got that confirmation,with the help of other Timeframes,would have left stops at LOD." from your above post. We see TF amalgamation only in case of deciding whether we should reverse on 15 min pivot low if 30 or 60 TF agree. Here there is no 15 min PL at 10:30 so the topping tail on 60…so it be…we dont have a 15 PL to think about reversal and SAR should stay at 10 :00 bar low.

Do we see TF amalgamation at every 30 or 60 min bars ? and if there is a bearish pattern do we bring the SAR to low of that bar ? My understanding so far has been that we see this amalgamation only for 15 min PL reversal decision. But your sentence above give me reasons to believe that I am missing something here too.

Your further explanation on this point will help me in clarifying the amalgamation of TFs as we use these everyday in miniflow and a wrong understanging here needs to be corrected at an earliest.

Regards,

Smart_trade

Hi ST,

On the 30,we have a Bar 2 that closes off its highs…….I would prefer not to call it a WRB.Basically,the 20/60 sealed it for me…….a WRB on the 20min charts got me to raise my stops to the low of that WRB.Then came the negation of the 20min WRB, the immediate negation of the entire bar on the 30,a big topping tail reversal bar on the 60.If filters had been taken out,would have reversed to short.

Filters weren't hit and all was well………….But on post trade analysis,I wonder if I were too hasty in bringing up a stop to save Rs10.Definitely right if that first bar of the day was a big bar,even a moderate sized bar…..this small sized bar should not have made us move stops as aggressively.If you ask me again,and we had the same trade all over again tomorrow,my stops would have been at the Low of the Day.

We learn and we learn together……….Great going,ST,as always.Well done!

All the best!
Saint

Dear Saint/ Kapil,

Thanks for the explanation of continuation bar and breakout bar wrb.

uthuman.

Saint,

Thanks for your explanation of 27 th chart.

ST

Dear Saint Sir,
Thanks for your nice explanation. One of the major doubt got cleared!
Regards
Manoj

Dear all,
http://www.4shared.com/dir/14063063/ea35986e/sharing.html . This is the link for "Trading Plan Template". A very good article on essential element of trading plan / how to develop a trading plan.

Hope You all find it useful

Thanks and Regards
manoj

Thanks Manoj………:)

Saint

Today the short got triggered on the break of 12.30pm bar -f. Adds were triggered very late. Profit booking at end of the day as per individual plan.

Kapil

Hi,

At 2 p.m. where should be the SAR.
We have a 2 p.m. bullish hammer On 60 min, and the bullish candle on the 30 min, is it right to keep SAR at the top of the hammer on the 60 + f since 15 min is also sideways.

Thanks.

long in minifty @ 11.30 bar + sf

Hi,

At 2 p.m. where should be the SAR.
We have a 2 p.m. bullish hammer On 60 min, and the bullish candle on the 30 min, is it right to keep SAR at the top of the hammer on the 60 + f since 15 min is also sideways.

Thanks.

At 2pm we had SAR as per the 2 bar rules, and changed to 2.30pm bar high as that was a pivot.

Kapil

long in minifty @ 11.30 bar + sf

Long triggers at 10.30 bar high +sf

Kapil

Long triggers at 10.30 bar high +sf

Kapil

kapil..cant understand it..please explain.. am long above pivot high at 11.30 bar.. tell me where i am wrong

bijo

Bijo,

A downmove is basically a series of lower PH and PLs. Now we have 1-2 bars which make Lower high and lower low, next bar mildly bullish and then next bar taking the high of this bullish bar. It could just be giving a pivot high, and then falling back. So, in this case the entry still at days high + f.

You said you are long on PH, but there is no PH on 30 min charts at 11.30am.

Kapil

thanx kapil for correcting me.. misconcept on using pivots i think
after 11 we dont use 15/20 min for pivots, right

No trade thus far… waiting for a BO in NF.

Today the long triggered on the break of 5 min high +f. And adds triggered for this long on the break of PH made by 2pm bar + add filter.
Later shorts were triggered on the break of PL made by 2pm bar- f.
Profit booking at EOD as per individual plans.

Kapil

No entry till now..
few congestion bar..looking for congestion bar high+f for entry .. PL -f for entry..

pivot on 15 min charts..30 & 60 min agree..can go long with this TFA…

just my views

vineet

s vineet. agreed. watching it.thanks:-)

omg, how did i missed this wonderful thread

Long triggered

maket made a good move…taking us along..

welcome Raj..

vineet

taking half out @3040

having sar as 12.30bar-f..

Warm welcome Rajendran…….:)

Saint

SS,you doing great……….great going,my friend.

Saint

out all @3055.. phew.what a day:-)

thanks saint:-)

Great going SS.

Kapil

Today was a good day. The longs triggered on break of 15 min pivot which was the 10.30 bar high on 30 min chart. Then add 1 above the 12 o'clock WRB and add 2 above the pivot made by 2pm bar.

Kapil

No entry till now for me as the fliter kept me out.

ss..my long triggered by 10.30 bar ….

agreed vineet. for most… since today we had huge gapup. Just having dynamic filter…
otherwise its perfect on ur side according to the plan.
thx

Yes Vineet,…………..so far easy day……we go long MovFil over the 1st bar.

Now SAR raised to the low of 11:30 am bar.

Great going!!
Saint

In long:-)

Thanx saint sir…this miniflow method has given me so much confidence that i go long at 3190+..if i am not using this , i certainly can't go long at this point…but you taught all of us to keep eye on method only ..leave every thing else….

honoured to have mentor like you..

regards

vineet

SAR 12.30 -f

OUT HALF @3230.

same here ..ss

well done

Thank you for your kind words,Vineet.

Feel free to ask here,or pm me directly if you need any help.

All the best!
Saint

I second that. Taught us to focus on what is important.

Thanks,
Amit

Great to hear that,Amit……….well done.

Saint

Well done,SS……..:)

Saint

sold remaining lots at 3235 ..have to go now…

vineet

another good day.
thanks saint & kapill

Today was a simple and straight day. The long got triggered above the 5min high +f and then adds above the pivot made by 10.30am bar. Profit booking at end of the day as per individual plan.

Kapil

It was great day sincere thanks to Saint and Kapil ,for the great patience and the planThanks

Friends, its all thanks to Saint only. He is the one who has shown the way.

Kapil

In short.

In short. But PH at HOD and if 1100 bar treated as WRB, then where does one keep SAR? At PH or High of WRB?

mukund SAR at high of WRB..

Vineet

out half here:-)

Looking at the NF right now, a reversal from an earlier short entry appears to be at hand. Waiting for the 11.30 bar high to crack.

Today the shorts triggered on break of the 10.30 low-f. Adds triggered on break of pivot low made by 11am bar-add filter. Reversed to long on break of PH made by 11.30am bar+f. Profit booking as per individual plan.

Kapil

kapil , didn't short triggered afterwards at 13.30 bar low ? even 2 bar rules gives signal to keep SAR at 13.30 bar low …so plz explain why you didn't take sar there…

may be i am missing something…

thanx

vineet

kapil , didn't short triggered afterwards at 13.30 bar low ? even 2 bar rules gives signal to keep SAR at 13.30 bar low …so plz explain why you didn't take sar there…

may be i am missing something…

thanx

vineet

Vineet, the 2 bar rule would not be applicable here, as for 2 bar the first thing we need is 4 complete bars with HH and HL, and this bar we do not apply if these 4 bars are too smallish kind of bars. Now in this trade we never had 4 bars with HH and HL, so the question of 2 bars being brought into play never rises.

Kapil

Agreed…not a case for 2 bars rule as we did not have large bars in between….

But short trade below 1:30 low was a correct trade on breakout bar's low getting cracked ( breakout failure trade )

My view….

Smart_trade

thanx kapil & Da , for correcting me ….

earlier my thought was that we watch only HL during a uptrend & untill we get HL , we will trail our sar…

regards

vineet

One of those yummy days on the MiniFlow……….capitalising when these come along is extremely important.

All those who stuck to plan and rocked today……..great going!!

Saint

Yes. Saint. One of the few days to cross 100 pts profit after two months gap.
Date Mode Entry Exit Net
01/08/2008 L 4340 4439 134.00
05/08/2008 L 4442 4531 112.00
02/09/2008 L 4430 4515 127.00
16/09/2008 L 4054 4098 104.00
18/09/2008 L 3938 4039 177.00
13/10/2008 L 3453 3552 107.00
14/10/2008 S 3615 3521.5 115.50
16/10/2008 L 3255 3314 128.00
17/10/2008 S 3280 3068 230.00
24/10/2008 S 2779 2550 276.00
04/11/2008 L 3084 3168 117.00
05/11/2008 S 3121 2975 207.00
10/11/2008 L 3080 3175 119.00
25/11/2008 S 2759 2639 115.00
01/12/2008 S 2790 2680 121.00
04/12/2008 L 2704 2795 108.00
07/01/2009 S 3072 2909 192.00

great LVG. and when combined with adds that makes them all the more yummy.

Kapil

It was a rocking day for the Miniflow. The longs triggered on the break of 1st 5min high + mf and then adds above 12.30pm bar high + add filter.
Profit booking at end of day as per Individual plan.

Kapil

short triggered.

covered half..Though its early..profit taking method.

Great going SS……..:)

Saint

Thx saint.
still holding sar as 10.30 bar. thougth there is a pivot in 15 min.. plan to revert..
any suggestions?

SS, longs triggered over the 10.45 bar in 15 min charts. We had a WRB on 15 min followed by bullish bar. Reversal over that bar.
Alternatively even if 15 min charts were missed, it should have been a reversal over 11am bullish bar on 30 min charts.

Kapil

thx kapil.in the flow..

Short triggered for me..

out half here..went over my profit taking area..

had 1.30 sar for short. now long triggered..
Kapil/friends.. correct me if wrong..

absolutely right SS. 1.30pm high was SAR.

Kapil

Thx kapil.

OUT FROM TRADE..

Today short triggered on break of the 1st 5min bar-mf. Next bar was a WRB Looking at 15 min charts 10.30am bar was a WRB. Next we get a bullish bar in 15 min charts. We go long on break of that 10.45am bar high+f. The 12o'clock bar gives a PL. So short triggers below that PL-f. And another trade long triggers over 1.30pm high +f.

Kapil

Reversed to longs on break of PH at 1.30 pm bar 3378+f.

Kapil

Adds triggered too above 2.30pm high +add filter

Kapil

Well done,Kapil……..:)

Saint

Yesterday's trades

Short triggered on bteak of 1st 5min low -f. Reversed to longs on break of PH made by 1.30pm bar+f . Adds over 2.30pm bar.
Profit booking as per individual plan.

Kapil

Long triggered on break of the 5min high +mf. SAR below the low of the 1st 5 min bar-f.

Kapil

Adds got triggered above the 10.30 bar. (posting a bit late)

Kapil

Kapil,
can we shift SAR to pivot low in 15 ?

Kapil,
can we shift SAR to pivot low in 15 ?

Yes Bijo, another 2 mins and that will be pivot on 30min charts too.

Kapil

Yesterday was a simple and great day for Miniflow.
Long triggered over the 5min bar high + f
Adds over 10.30 bar high +add filter
Add 2 over the pivot high(made by 11.30am bar) +add filter.
Profit booking at end of the day.

Thanks kapil. have a good day.

in short

short !! SAR lod+sf

bijo..SAR is HOD+F……typo i think .

all the best..

vineet

sorry vineet..typo…

1/3 out here.can we have another big day:-)

Great going everybody. A simple and good day so far.

Kapil

SAR 1pm BAR high+F

2/3 out here.

out all here..
good day.

Short triggered on break of 5min low -mf. Add 1 triggered on break of pivot low made by 10.30 bar and add 2 triggered on break of pivot low made by 12 o'clock bar. Profit booking at end of day as per individual plan.

Fantastic run - third day in row.
Bee

Yes, this month has been like a dream so far. Good to see the good decisive moves after the agony of those long sideways movement days. :-)

Yes Flock……..glad that we are moving big in either directions for us to capitalise.

Nice,and great going to all of you…………Well done!!

Saint

Yesterday was a great day giving profits in both directions.
Long triggered over the opening bar high +mf.
Adds triggered over the 10.30am bar +add filter.
Shorts on break of pivot low (made by 1.30pm bar)-f.
Profit booking as per individual plan.

Kapil

Today long over 5min high +mf.
Short on break of PL made by 11.30 bar -f. Adds on break of 1pm pivot low -add filter.
Profit booking at EOD as per individual plan.

Kapil

Long triggered over 5 min high +mf. Adds triggered over the PH(made by 10.30 bar) +f.
Shorts by 2 bar method below 1pm bar. (coincides with 15 min pivot too)
Profit booking as per individual plan.

Kapil

Forgot to mark the long trade that triggered on the break of PH (made by 2pm) +sf.

Kapil

Kapil

short triggered

Yes Bijo……with SAR at high of day

Saint

SAR down to highs of 12:30pm bar.

Saint

Long triggered with SAR at this bars low. (this being the breakout bar)

Great day on the MiniFlow……about +50pts today.

Great going everyone!!!!

Saint

Kapil

excellent work kapil…

hi friends

can ne one provide historical intrade data for stocks for AB…….. atleast for ABAN, RIL, RCAP, LT, HDIL, JPA, SESA, n DLF…….

cheers

Kapil

Kapil

Kapil

great stuff,kapil.

Saint

No trades triggerred as yet……..so far,still on MovFil territory.Short if LOD-movfil is hit.

Saint

So we now have a Pivot high in place,and a Pivot Low in place…………………meaning we are going long over the highs,or going short below the lows,but both now with the Sf

Saint

So,we are in longs over pivot highs.

Saint

Profits off and exit.

Saint

Kapil

Hello Kapil,
I m planning to do paper trading in the mini flow method for few weeks before putting real money. I m looking for ur & saint sir's guidance during mkt hours. I have read the method rules & many concepts r clear to me but many things r still not clear which can be learned only during live market action.
I hope i m not troubling u.
regards

Prem

Prem,

Your questions are always welcome. We will try to resolve them to the best of our ability.
Wishing you all the best.

Kapil

Good Morning to all
h = 3652.8
l = 3637.2
as per PIB

moving filter shifted to 10.30 bar high/low

long triggered in nifty

my sar is still at lod -f.
is it correct or I should have reverse below 11.30 bar - f ? becz as per my understanding 11 am bar is WRB & 11.30 bar closed below 50% of that bar so i should have reversed below low of that bar - f.
which is the correct place to reverse?

regards

Prem.. SAR still at low of day-sf

ok kapil… plz explain why we not reversed below 11.30 bar low. no hurry. after mkt hours in the evening

Prem, That bar was wider than most of the others, but not exactly a WRB. Specially when you are looking at such a huge move in the last 2 days.

Kapil

got it kapil..thanks.
i want to ask where the add triggered. i think at HOD+f on 2.30 bar

where is latest SAR

latest SAR below 2.30 bar-sf
and you are right about the add.

today long entry triggered @ 10.30 bar high + mf (3674 if filter used is Rs.15) & we exit after 3 pm taking small profit/loss depending when the position is closed.
i think very today was tough day for intraday trader. thanks kapil for ur support. looking forward to learning from you.
thanks again

regards
Prem

Kapil

Continuing the discussion in new thread..

Link to the new thread

Kapil