Going With The 60min Flow!!!

[Prabhjeet]

Saint,please start a thread in advance... section where only you and seniors can post questions and answers. This way we won't see the crap and the guys wanting to learn can learn silently. Your ability to post freely should not get restricted. We all want you to post without bothering about anything. This will serve your motto of teaching traders to fish and you can give all the knowledge without any problem.

I am sure all friends who are serious in learning will welcome this initiative from you.

Regards,

Smart_trade

ST but what about the newbies, where will they ask their questions.

I think its ok to ask questions in this thread only because we need to solve some problems happening in Real time trades.

It would be better to have a thread where levels are posted for longs and shorts also so that people wantin g levels dont have to go through bundle of posts

 

[Saint]

ST,what we discuss here and trade with is clear opposite to what "advanced" traders like to bracket as "advanced"

An antique decrepit method using pivots as centre,statistically proven not to work........in the Advanced Section!!

The Sacrilege is unthinkable!!

Saint

 

[dhakkan]

ST,what we discuss here and trade with is clear opposite to what "advanced" traders like to bracket as "advanced"

An antique decrepit method using pivots as centre,statistically proven not to work........in the Advanced Section!!

The Sacrilege is unthinkable!!

Saint

Saint,

I just want to see you post freely... whatever way you feel comfortable....

If you post happily and reply to everyone.... our wishes are fulfilled.

regards

 

[Smart_trade]

ST but what about the newbies, where will they ask their questions.

I think its ok to ask questions in this thread only because we need to solve some problems happening in Real time trades.

It would be better to have a thread where levels are posted for longs and shorts also so that people wantin g levels dont have to go through bundle of posts

Newbies will learn silently,Prabhjeet,they can also post here,and in the sister threads we have.I am just trying to keep mischievous post,trouble making posts,dummy IDs etc out. Newbies are most welcome to learn here.

Regards,

ST

 

[beethoven]

ST,what we discuss here and trade with is clear opposite to what "advanced" traders like to bracket as "advanced"

An antique decrepit method using pivots as centre,statistically proven not to work........in the Advanced Section!!

The Sacrilege is unthinkable!!

Saint

Hallelujah!!! Thank God.

Friends I think we are back on track and have our Saint back with his free flowing ideas and wit.

All teachings, doubts, queries by old and new people here in this great thread only. Gentle words only please everyone.

Bee

 

[Muktha]

Nifty SAR : 2656-15 = 2641

Please confirm

Regards

Muktha

 

[Prabhjeet]

Newbies will learn silently,Prabhjeet,they can also post here,and in the sister threads we have.I am just trying to keep mischievous post,trouble making posts,dummy IDs etc out. Newbies are most welcome to learn here.

Regards,

ST

I think Saint can very well ignore such posts where he can see that the objective is not to learn but hurt somebody, even the members should not bother to answer these people.

Weeds tend to grow on fertile lands, lets make land totally sterile for such weeds

 

[Prabhjeet]

An idea to those who are not scared stiff........horrified out of their minds......by having SARs 3 in 3 days.....and who take it as part of trading(this thread was never meant as a tool for investing!)........If indeed you get a pivot break on the 60min charts that fails immediately and nullifies the entire breakout bar,revert back to your original positions.

I get a bit worried about saying anything here......The above is not a failed breakout pattern trade and all that........It is a common sensical look at the charts,going long on a pivot break,and reentering short on the nullification of that move.

But again,these are not for those who are scared about their beloved SARs getting triggerred often.......2 in a day

Anyway,a suggestion that is all.......and another thing:For those who are unhappy with this method,things are easy and simple as always.......Find another method!!So many threads out there ......simple,isn't it?

Saint

Saint first of all let me raise my hand and say that I am one of your students who doesnt care how many SAR are hit during a day. I always have your quote by my side " We have to give pennies to make pounds".

Now coming to Failed breakouts Saint I have a dilemma. Sometimes we have a very clear breakout/down from pivots where all the time frames usually agree and our position become profitable instantly, most of the times the prices wont even come back to our entry price but there is one more scenario which is real trouble maker.

Sometimes prices just about break our pivots and then start reversing back and we get scared by reversal and get back to our original position but in due time the move reverses again and we are left holding our losing position.

So how do we tackle such breakouts Saint, which will threat to reverse but dont actually do so. Are there any Visually obvious signs of a Definite Failed Breakouts

Saint here are the posts regarding Failed Breakouts , now my query should be totally clear

 

[milind]

Are we going to get a higher PL or a quick reversal ....

 

[faith]

I think Saint can very well ignore such posts where he can see that the objective is not to learn but hurt somebody, even the members should not bother to answer these people.

Weeds tend to grow on fertile lands, lets make land totally sterile for such weeds

Human mind is like a fertile land .If we sow wheat ,wheat will grow,if we sow apple seeds apple will grow.We get what we sow.
But if we sow nothing we will get weeds.
Everady I get different seeds here and sow the useful ones in my mind.

Thanks saint and every one
regards
faith