Going With The 60min Flow!!!

[Smart_trade]

Re: Questions from juniors on"Going with 60minute flow"

I thank you for ur blunt answer.I guess I put my qs in a manner that wld make it seem I dunno pivot point. I think I do..at least I do know this theory
R2 = P + (H - L) = P + (R1 - S1)
R1 = (P x 2) - L
P = (H + L + C) / 3
S1 = (P x 2) - H
S2 = P - (H - L) = P - (R1 - S1) ( though honestly not clear if this is enough).
What I specifically wanted to ask was when u say 60 min ph / pl, do u calculate it or it is automatically reflected in the graph ? Cause i cld find no such graph. and is this pivot calculated with the same high low close theory? I am studying

You are totally mixing things Amrita, In Saints method the pivot term is used for a fractal high or low,it is not (H+L+C)/3 as per pivot point theory.For Saints pivot go to Teach a man.... thread and you will find it there !!!

Trade Well !!!

Smart_trade

 

[Saint]

Smart Trader the only thing I can say is we can't have the best of both worlds, even I have many systems to trade n can come up with atleast 7/8 ways to modify this system but I refrain cause this is saints baby n it's already very good n giving great results. So what ain't broken better not try n fix it is what I think. Though I have I only traded it once but it's too good n whenever I am in confusion saints method help me out....

Both variations of this method are equally correct,it's one baby looked at closely and from afar---same baby----

Hope you are still in the Flow with IOC!

Saint

 

[Saint]

is it first time such confusion(regarding SAR or Pivot) has arrived ??? ANy previous experience

Komal,where is the confusion..........no confusion except in minds that have not cleared the cobwebs of either method.

Saint

 

[cheeku]

Why dont you say that Prabhjeet & Satya are the only thorn in people's eyes. I always knew that this was coming, just because Saint wanted to leave posting for few days you are trying to hold me culprit.Had sensed similar bitter feeling from a post of Czar and the feeling is here again. So I think its time to take a decision

This was my last post on this thread and you people shall never see me posting again.

Thanks to wonderful people like Saint, satya, MJ, Rk & MB to name a few for all the kind knowledge that you people shared

Says an old proverb "After burying the hatchet, don't mark the spot." Yet many of us disregard wise counsel. Many of us even refuse to bury the hatchet. We harbour resentment, nuture and nurse our hatred. And what a harvest we reap! A crop of bitterness and frustration.

While it is saintly to forgive, it is smart to forget. And for trading OPPERTUNITY IS AT OUR DOOR


Wail not for the precious chances passed away,
Weep not for the golden ages on the wane,
Each night, I burn the records of the day;
At sunrise, every soul is born again.
They do me wrong who say I come no more
When once I knock and fail to find you in;
For every day I stand outside your door
And bid you wake, and rise to fight and win

 

[rkkarnani]

Seeing signs of mutiny not feelings though... I have to butt in , sorry in advance, I cant help it...

I like to point that 60 mins has been age old & we are interested in your version only (cause there's nothing into the purist version except mechanical trading), we can surely form a purist thread & coexist, but both on this thread is heading for trouble & lot of confusion... I have a right to try & avoid this thread getting into a mess, why, because I love it & I cant see what I love heading for trouble....

Sorry guys who dont follow Saint's version (whatever it maybe) but please see what has happened in the last 24 hours... please think with a calm mind and do the needful, thanks

Czar

Hi Czar, Trust you will not take this post of mine otherwise!!!
When you say you are interested only in the Saints version of 60 minutes flow!!!!
Please read post no. 6 of this thread if not already read.
( Feel you have probably missed it as your Thanks is not registered there till a few minutes back!!! ) Saint had initiated the PURE version only.... it was over a period that the form was gradually modified.... Saint will agree that the very initial set of rules have undergone 'minor' modifications!!! Not becoz of tweaks by others but by Saint himself!!!! SO now you know which system is "older"!!!
So when you say "guys who dont follow Saint's version" you are probably indicating the people who are following Saints version as laid out in his very First post for the 60 minutes flow method!!!!!
The pure version is also Saint's version.

Will accept it as an error in my perception if Saint disowns the pure version as the version he had not intended to teach here !!! My strong feeling is that any one who is following whatever version feels that particular version to be that of Saint and all else as not his (Saint's)!!! As you are following the slightly amended version you wish only that version to be continued!!!! But as I am following the Pure version I would like Saint to guide in that version too!!!!
If at all a new thread is to be started as suggested by you, let it be of the amended method and not the Pure Form initiated by Saint in his opening thread of this method at post no. 6 :
http://www.traderji.com/equities/21903-going-60min-flow.html#post180672

Well i know this suggestion is totally out of synch of the reality.... we have multiple times followers of the 'amended' rules by Saint rather than the Pure form followers, so majority must be granted!!!!

So let us allow Saint to decide about it!!!

But some how your comment : (cause there's nothing into the purist version except mechanical trading) you are talking about mechanical trading as if its of no value at all!!!! Czar, it may be the Pure form or the Saint's original form (as described by you) nobody can be successful without being mechanical .... for me being mechanical is to remove the "I" from the trades!!!! So please do not slight the 'mechanical trading' as something to be brushed aside!!!! My feeling : Being mechanical is the heart of this system be it the pure form or otherwise!!!!

Fail to understand where you saw mutiny!!!! Nobody will mind your butting in as you are an asset here, but do reconsider your own point of view about the whole matter!!!!
Regards
R K Karnani

 

[Prabhjeet]

Stop it Prabhjeet! Please continue posting...iv learn't alot from you...

MJ-

Got nothing new to give MJ, we are lucky to have people like Saint and Asishda around.

Will be keeping track of your 5min. trades.

And yes plz. do take care of your health

 

[vpsarathy]

Re: Questions from juniors on"Going with 60minute flow"

Amrita,

What Smart_Trade says is right if you are interested in following Saint's thread. Some people may confuse you using different terminologies and alphabets just to confuse you. They want to show off their "intelligence and knowledge. And constantly deride others." It is better stay away from these elements.
vps

 

[pakatil]

I was very much confused yesterday, after seeing the ideas flying from every quarter. It dawned on me that I don't belong to this club of innovative minds, great thinkers capable of understanding & tweaking trading methods. Sadly I don't have that keen eyes or the ability to understand all these inventive methods.

Today I started short @ 4011 with SAR 4100 and decided to stick it. I am still carrying Shorts!!!. May be from now on I will trade with PH/PL that my eyes perceive and hopefully will not get influenced by any views.

May be I am wrong . Still I believe, will have satisfaction of doing good trade.

Remember Saint said somewhere, Doing Good Trade is very important and gains will follow.

Cheers
PAKatil

 

[Saint]

I was very much confused yesterday, after seeing the ideas flying from every quarter. It dawned on me that I don't belong to this club of innovative minds, great thinkers capable of understanding & tweaking trading methods. Sadly I don't have that keen eyes or the ability to understand all these inventive methods.

Today I started short @ 4011 with SAR 4100 and decided to stick it. I am still carrying Shorts!!!. May be from now on I will trade with PH/PL that my eyes perceive and hopefully will not get influenced by any views.

May be I am wrong . Still I believe, will have satisfaction of doing good trade.

Remember Saint said somewhere, Doing Good Trade is very important and gains will follow.

Cheers
PAKatil

Let's meet up sometime soon.........

Saint

 

[Prabhjeet]

Prabhjeet,

Think you misunderstood what m4uh wrote.......re-read please,I don't think that was what was posted by him!!

And who said Saint is not going to post for a few days.........I am
still around.Not banished......just thought of letting the grip go a little bit during mkt hours.

Prabhjeet,my friend,plaese don't stop posting as a result of misunderstanding something that isn't there...........each and everyone here look forward to your posts.

Hope that post you wrote was the last post on that page on this thread.........may we have many more great posts from you on the other pages of this thread.

Saint

I doubt saint ! I think majority are with agressive mode(Trading 60 min looking at 30 min) as of now!

If you want I can poll with "press thanks button to this one if you are agressive trader to check the head count", but then you will say...Oh NO not again!

Sir the bitterness is quite clear, read the above post by M4u. I think its alright for him to hate me.

BTW, Saint I am not kind of a trader who will stick to pure ways just for the heck of it, I would love to learn tweaks, after all the purpose is to make money but I was refraining to use tweaks because I dont know when to use them hence was following pure form coz profits are still there to be had.

Regards