Re: Intraday Miniflow Trades for Today: Saint's Method
Hi rakesh,
This bar not an failed breakout bar,then can we use it as negation bar.Then which point we take to reverse?high/close of this bar as SAR.
Regards
VJAY
Dont mean to cause disruption on the method here but a 5 min intraday based on basic principles with filter as 5 is working wonders.... please try the tweak and contact me at niftytrader yah oo IM if want to explore this further.tks
Even there is thread by MJ trading with 5minute intraday with 60 minute perspective and I am trading it and it is successful. Only drawback is that number of trades are more somedays and it may be reducing the profit. However it keeps you busy rather on your toes and the targets are small. But in the end some thing (any thing)is better than nothing.
Thanks for feedback and now I will pay more attention to it.
Dont mean to cause disruption on the method here but a 5 min intraday based on basic principles with filter as 5 is working wonders.... please try the tweak and contact me at niftytrader yah oo IM if want to explore this further.tks
Fresh ideas are good. But this thread is meant to be helping one for newcomers based on Saint's Method. I will request you to start a new thread for these modifications as that may cause confusion to newcomers.
bee ...thanx for the suggestion...i completely agree with bee regarding the blending of candlestick pattern with the rules...even i acknowledged in my past post in eod thread few days back .....yeah have read the pdf's posted by rajen ..books by steve neason on candlesticks...they r very good...
rajen...i remember at the start of this thread u once explained me in brief regarding yr profit booking method...appreciate u for the pain u took today to explain in detail...will do some tweak with my way of trading....
niftytrader2 ...if u have discovered nething new or new way of trading pls don't confined it to four walls of yahoo messenger...if its something really helpful to us pls start a new thread and teach us...there are so many hungry learners around...it will be really helpful to novice traders like me...thank you...
Even there is thread by MJ trading with 5minute intraday with 60 minute perspective and I am trading it and it is successful. Only drawback is that number of trades are more somedays and it may be reducing the profit. However it keeps you busy rather on your toes and the targets are small. But in the end some thing (any thing)is better than nothing.
Thanks for feedback and now I will pay more attention to it.
Fresh ideas are good. But this thread is meant to be helping one for newcomers based on Saint's Method. I will request you to start a new thread for these modifications as that may cause confusion to newcomers.
I agree. That is exactly the reason why I did not want a discussion to start here. Only people who were interested to get together on another thread. I have only done cursory study and this looks promising. More experience players like rh666 are already doing it and I request seniors to start a healthy discussion on another forum. tks