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| Discuss Saint's Pivot Method put to practice. at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Amit, I find with my association in this Forum since long ,that even when Saint's ... |
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#11
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Amit,
I find with my association in this Forum since long ,that even when Saint's method seems so simple ,there always was & is some confussion.Hence repeating the same is necessary. Thks for taking that task on your shoulder.As Sanjay said plz be consistent.Plz post charts so that all of us can understand which one is the Pivot . Asish |
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#12
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Regards |
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#13
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Missing your posts for some time,Amit.......Good to have you back.
Wishing you all the best!Shall chip in with something here and there,or if any clarifications required. Great going,Amit. All the best, Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust your sail..." |
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#14
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A very positive initiative Amit. It will make the method clear to people who want to incorporate different trading ideas in their trading.It will also encourage traders to practice the system and gain confidence. Confidence in the system and the effortless execution are the pillars of successful trading. It will make great demand on yr time but it will be a very novel project I am sure. All the best wishes and all the members offer our help whenever you need. |
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#15
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Pls refer to the attachment for Mondays Trades.
Entries are in Blue Numbers and their corresponding Exits in Red. This is very simple currently as only One trade is held at a time. I am still holding the last entry at 4434.70, since the stop is not hit. PS: All three of my trading Heroes have taken notice and graced the thread with their advice. Now, I am very positive that we will extract something of good value from this excercise. Last edited by jamit_05; 10th June 2008 at 11:11 AM. |
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#16
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The Stop for the last trade, which was a short at 4434.70, has been moved to 4474.5.
Current 30 min Pivots to watch out for: PH: 4500.70 PL: 4396.70 |
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#17
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And the first question you asked is awesome food for thought for me. Kinda questioning the fundamentals, as a result we end up believing them more or changing them for good. |
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#18
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With more of such pointers, this thread could be streamlined to have maximum participation from like-minded pivotians. |
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#19
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Dear Sanjay in my veiws if we are taking trade after a scrip completes its down trend is more safer than taking trade at any pivot and while 5 min completes its downtrend in 30 min uptrend at the same time we also see it is a complition of pullback ( Not down trend in 30 min ) So i thinnk its more safe and in my veiw we should not take any pivot for entry if its near complition of downtrend then its safer waiting Saint and others veiw Regards Satya |
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#20
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There are several nuances that need to be ironed out, with practice it will be so. And thank you for coming by. Pls do that often and nudge us in the right direction. |
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