Going With The 60min Flow!!!

[Smart_trade]

I request everybody to kindly not point fingers at RK, he is a great learner and wont agree with anything until he is sure that it works. I am sure the only way a rule will enter or exit RK's trading rules is when the profit/losses of many trades prove it.

The world has always been dominated by ones who have questioned & I totally agree with RK's views but after reading so many posts criticising RK I believe that he should give a serious thought to starting a new thread, plz. take that in right spirit.


Saint has given us the main recipe and whatever anyone says there will always tweaks here & there by most of the system followers

Regards

You are mixing issues Prabhjeet... ,nobody is pointing fingers at anybody for asking questions,we are taking everyones posts quite seriously.Anybody is also most welcome to have his own modifications in the system.And everyone here is a serious learner and trader and if everyone starts posting his trades as per the system he understands/perceives and modifies,there will be lot of chaos and wrong things will be learnt.

I agree that the world is dominated by people who ask questions and modify and improve the principles ,but till the time these modifications are proved and accepted as new rules,many of the modifications will be discarded as wrong.And we dont want anyone to learn wrong principles here and closing the trade by going away from the system exit,may be at times profitable but wrong principle according to me.Somebody may have compelling reasons for that like not willing to leave too much profits on the table etc,I have done it myself number of times but always with a guilt that I did not follow the system faithfully.

Separate thread is good suggestion by you.I will be the first person to be there to pickup trading ideas presented there !!!

Best wishes,

Smart_trade

 

[musicjunkie]

The 60 min Blow..! LoL
White flag raised, start of a fresh new day tomorrow.....

MJ-

 

[adilsaleem]

CAIRN looking good for 60 min flow

 

[Saint]

ALL IS WELL THAT ENDS WELL!!


thanks to RK's deviation, we got some excellent posts by SAINT and AMITBE

on the subject of system and discretonary method.
So thanks to RK and abv all to SAINT and AMITBE!!

It is indeed great to see your post,Tanewbie.......and I hope we will have the great fortune in having many more from you.

Saint

ps:And thank you for your kind words.

 

[Saint]

Dear Saint,

Slightly confused with this add point of 4560. How did you arrive this level?

Another query. Was 4472+7=4479 a possible add, as NF opened gap down and no pivot formed and we are already on long

Regards

Reji

Can't seem to post charts via image shack...hmmm......anyway,Reji,the previous pivot high which was yesterday.4553+7=4560

Saint

 

[Czar]

Okay......peace, boys.All of you are a fantastic group of individuals come together.I know that boys will be boys,but enough brawling,.......time to shake hands.......

Now where is Czar with that virtual handshake?

Saint

 

[Saint]

Hi RK, thanks for clarifying your position and understood.
I must also admit I am very impressed by the fact that the "I" has mere bare traces left in your trading. I have rarely come across such a trader.

I had mainly reacted to your post from yesterday:



We go with rules in order to combat anxiety and temptations, and to trade correctly. Short/long first bar on gap up is an old metod, and in the long run, I would think it takes more than gives.

Anyhow, as long as you know in your heart the intent behind that trade, it's ok. As Saint had replied yesterday, you have to do what you have to do, and that the market teaches us against second guessing it.

And this is said in utmost sincerity: Do calm down and listen to feedback. It comes from people who mean you well...no...the very best.

Amit.

Really wonderful to see your posts again,after all these years.......as lucid and precise as ever.This thread is fortunate to see the return of one of the greats of this forum.

Saint

 

[Saint]

Took some time in coming........and there we have it.Thanks,Czar!

Saint

 

[Czar]

yup for the biggies needed to have my assault rifle for safety

 

[Saint]

Reji,

Chart as posted........basically a straight move up.Always best to add above the prev pivot high.

4553+7 was the next add......now it's above today's high +7.


Saint