Going With The 60min Flow!!!

[Prabhjeet]

Yes I agree. When you have a heavy load (many lots after 2 adds) things become very hot to handle. But I think in this system, Saint has no where said about taking profits off the table and generally reverses with full load thus maximising the profits (I may be wrong). This of course requires nerves of steel, absolute belief in the system and above all ability on oneself to really play this method correctly. The last is absolute must because the strategy is designed to stay in the flow till the last moment with full load. Very tough on the gastric lining. We still have to mature to that level. As Saint says baby steps.

All the discussions are fine to reduce the load but I think Saint would have thought this out much ahead of us. I think to get maximum out of this system we have to carry the full load till the last moment i.e., when SAR is actually hit.

Friends, in order to graduate on to a higher level we have to start actual trading (no paper trading). Start with minifty and then increase the stakes.

If we take profits off the table before SAR is hit then we are not maximising the method.

It will take time but we will get there.

Personally I am slowly seeing the method which Saint has so painstakingly put together and trying to teach us and have started benefiting also. But still long way to go. But everyday I get increased confidence to recognise the price action and take action suitably & independently without peeking into this forum to confirm my action. I trade very light, add very selectively (as my gastric lining is delicate) but carry full load till last.

Happy trading friends

Bee

Yes my dear, you are wrong here, if you go to first page where Saint has defined the rules, you will find that he just reverses the original no. of lots, not the adds also. He recommends adding as trade moves in our direction

 

[beethoven]

Yes my dear, you are wrong here, if you go to first page where Saint has defined the rules, you will find that he just reverses the original no. of lots, not the adds also. He recommends adding as trade moves in our direction

Sir, Please check post no 6543 on page 655 where latest rules are given by Saint. Two places - Exit and Profits - he has clearly mentioned no profit taking.

No harm in trying your way also. Application of mind is the greatest asset that we have.

Happy Trading

Bee

 

[beethoven]

Yes my dear, you are wrong here, if you go to first page where Saint has defined the rules, you will find that he just reverses the original no. of lots, not the adds also. He recommends adding as trade moves in our direction

Sorry, guess I did not read your message clearly. Yes original no. lot to be reversed only and adds to be taken also when trade moves along the priceline - no ambiguity in that. The point is should we take profits off the table to lighten our load before SAR is hit. The answer is "no" and Saint also says that.

That is my point here, friend.

Bee

 

[Prabhjeet]

You still have not read my post clearly BEE, I never advised to take profits off table before SAR is hit

 

[Pattel]

NF add triggered @ 2763

 

[inspire]

Next Add at 2770-7

Stops remain at 2868+15

Thanks Rakesh -----

Adds triggered - SAR Same .....
Regards
INspire

 

[beethoven]

You still have not read my post clearly BEE, I never advised to take profits off table before SAR is hit

Good then we both have the same view point
Bee

 

[Prabhjeet]

Is anyone doing some research on FAILED Breakouts that we were asking Saint, would be good to have some discussions for that also

 

[Pattel]

Is anyone doing some research on FAILED Breakouts that we were asking Saint, would be good to have some discussions for that also

I can contribute if you guys want to share these efforts between us for failed breakout. I have 2 bar method for NF in my to do list.

 

[Muktha]

can we move sar to 2947+15=2862 ie povit on 10.00 clock bar
pls confirm
regards