Tweaks/Experiments in Saint's Intraday Miniflow Method.

[ajit123]

i wait for the candle H filter to reach ,then i wait for a retest of candle-H buy there and easily get 15 points from there.

 

[manojkch]

dear manojkch,your finding is a very good thing.in continuation for three days i booked 15 points .
thanks yaar

Thanks Ajit for your comments. I am very happy that at least someone is benefiting and watching my studies for back testing. But I will suggest you to paper trade for few weeks rather than real trade to have confidence.

Thanks and regards
manoj

 

[manojkch]

Todays 1.30 candle Doji at the probable end of downtrend. Hence cracking its high + filter will have more chances to reverse. If it cracks to downside, I will look for part profit booking at 1.30 low-7-10 because NF has already moved down far from days high.

Thanks
manoj

 

[manojkch]

i wait for the candle H filter to reach ,then i wait for a retest of candle-H buy there and easily get 15 points from there.

Ajit, can you explain it in more detail.? I am not getting it completely. Do you mean to say you are trading pullbacks in the direction of crack?

Thanks
manoj

 

[ajit123]

yes exactly

 

[ajit123]

today ,a loosing trade bought at2776 and 2770 stop triggered at 2761,ohh

 

[manojkch]

Hmmm....2.00 PM bar didn't crossed our filter (7) over 1.30 bar high and saved us from false entry by just few points.

 

[ajit123]

yes , but i am doing on 5 points ,so i got the loss today

 

[manojkch]

today ,a loosing trade bought at2776 and 2770 stop triggered at 2761,ohh

Oh.... I think you made hurry. The 2.00 bar didn't take out our high of 1.30 bar high+ filter.

Any way. you have given a good clue for developing a new method for trading after 1.30 PM. We will backtest if for few days coming ahead and I will backtest it over previous data.

Thanks
manoj

 

[ajit123]

now will sell at 2755