Learning to catch High Probability Breakouts

[ludhianewala]

Happy New Year 2016 to all TJ members
. Bhagwan kare hum sab is saal khoob munafa kamaye.:clapping::clapping::clapping:

This thread enters in 300th page congratulations double ho gayi. Lets party..

 

[Tavnaz]

Thanks for reply and message taken, I will not put my money on indicator alone, Say for example conditions given by Manoj are met, then watch for stock to make HH/HL also check fundamentals and than with stoploss enter.
Presently I am having this much of data only, Hence unable to find any supply zones, nearest demand zone is 980 t0 935, next one is 770 to 717.

Don't mind the watermark,it's just my name(i normally don't do it),i put it there to prevent plagiarism on other websites on the internet.
Forum members are welcome to quote and link to my post,and use the image in their thread if they may like.

Here is something that will make the life of newbies a lot easier,This will give you and people new to PA ,the idea of how to go about it.
Maybe this will be an eye opener or maybe its something very basic for you,but it took me 3 years to inclulde the bigger picture in my trading
You can see the minor daily swing points and weekly swing points too inside it.
It is soo simple yet very elusive.haha

Right principles combined with screentime will make this business a lot easier.
Remember practice practice practice.

Hope this helps
God bless you
;-)

 

[Tavnaz]

Happy New Year 2016 to all TJ members
. Bhagwan kare hum sab is saal khoob munafa kamaye.:clapping::clapping::clapping:

This thread enters in 300th page congratulations double ho gayi. Lets party..

Happy New Year and best wishes to everyone.:clapping:
God bless you all.
;-)

 

[amitrandive]

 

[amitrandive]

Don't mind the watermark,it's just my name(i normally don't do it),i put it there to prevent plagiarism on other websites on the internet.
Forum members are welcome to quote and link to my post,and use the image in their thread if they may like.

Here is something that will make the life of newbies a lot easier,This will give you and people new to PA ,the idea of how to go about it.
Maybe this will be an eye opener or maybe its something very basic for you,but it took me 3 years to inclulde the bigger picture in my trading
You can see the minor daily swing points and weekly swing points too inside it.
It is soo simple yet very elusive.haha

Right principles combined with screentime will make this business a lot easier.
Remember practice practice practice.

Hope this helps
God bless you
;-)

Great Stuff Tavnaz !!!
Please keep guiding us and post in this thread whenever time permits.
:clapping::clapping::clapping:

 

[indianbank]

Hi friends good morning Happy new year
-----------------------------------------------
NDTV profit is showing projected target for 2016 sensex 29000
Nifty 9000

ha ha smile came on my face... if it comes true then year 2016 will be superb for me... expecting 40-50% return....
I wish all the best

 

[amitrandive]

NIFTY - Ends the year with a small (-4%) negative returns fifth time in 16 years. Here is a list of performance year on year.

 

[amitrandive]

Here 20 ema never came near 200 ema, how can we enter on such stocks ?

One possible way is to use a Darvas Box method which uses support and resistance.

Be advised , this technique works only on trending stocks and at times has huge stop losses.It fails drastically in a sideways market.

http://www.investopedia.com/articles/trading/07/darvas-box.asp?no_header_alt=true

Daily Chart of AjantaPharma

 

[hmp]

Dear Manoj ji
Which RT data are you using for Amibroker?

 

[Sunnyraj]

Happy new year everyone !!

Couldn't track this thread since few days, and today read all posts by Manoj ji....great stuff for all of us...specially for positional traders :clapping:

It's going to help a lot to filter good stocks for breakouts.....