Learning to catch High Probability Breakouts

[nitingosavi]

we should know imp economic events date.
Example Budget, Rate events, war news, Governers speech, result dates...

this is for alertness... and knowing market more deeply..

Why I don't see news channels you know ?
they hammer their calls.... and I get biased !

rest economic events dates and time.. we can easily get from this forum or any financial website, which are mute and we can choose there what to read.

 

[nifty trade]

we should know imp economic events date.
Example Budget, Rate events, war news, Governers speech, result dates...

this is for alertness... and knowing market more deeply..

So you can decipher speeches........... ?

 

[blackberry]

me only 15 minutes cnbc awaaz at 8 am what happened yesterday

 

[amitrandive]

Coming from a man who ruled over a decade in Financial News channel...Finally accepting what is and how it should be...

An honest confession by Udayan Mukherjee of CNBCTV18 ...

https://www.youtube.com/watch?v=nUjO0EdR4Ls

Comes from a man who almost spent a decade advising the same thing to us which we traders do not require.
He is now saying that he regrets all the advises he has given us.

:rofl::rofl::rofl:

 

[ludhianewala]

We start to believe what we see and our belief is much more powerful than our logic. Recent event of fed is a great example when all channels, brokers and even general public were looking for a steep fall. Smart trade sir started a thread and I only spent time in just reading the discussions and not even looked at any channel. We all know what happened, The news was already discounted and nifty rallied after that. Now surprisingly, in new year everyone is bullish just in a span of 15 days.
The conclusion is we should not allow the belief to overcome our logic. If we can do it even by watching news fair otherwise avoid it and spend time on charts.

 

[Rish]

Comes from a man who almost spent a decade advising the same thing to us which we traders do not require.
He is now saying that he regrets all the advises he has given us.

:rofl::rofl::rofl:

First we should believe us....they are not God...they are working for salary and subscription...

We should take responsibility for our trade...

Following anyone (irrespective of whatever he may be) will be disaster....listen and not follow...take your own decision...

We are far more better than anyone in this field...money matters...

As a human i will respect them, but, i may not accept even 1% of their view for my money...

 

[nifty trade]

Comes from a man who almost spent a decade advising the same thing to us which we traders do not require.
He is now saying that he regrets all the advises he has given us.

:rofl::rofl::rofl:

But he never gave over exegerrated advise ever, always balanced

 

[nitingosavi]

But he never gave over exegerrated advise ever, always balanced

The Day Satyam Crashed... Same day morning , he was fully advocating buying Satyam. that can be coincidence but I have seen this personally . It was a unique day so remember it very well !
after 3.30 he Said "SORRY".
But I have no grudges abt him. as I was always looking at him as anchor.

 

[ludhianewala]

Like tatasteel another high beta stock ABAN in daily has closed above Adx 25.
On a verge of breakout, Price Convergent to DMI. Only worring thing is ADX is more than 35 in weekly and -DMI is above +DMI. But the distance to Supply is huge. Lets see its further action.

Daily.

Weekly

 

[nifty trade]

The Day Satyam Crashed... Same day morning , he was fully advocating buying Satyam. that can be coincidence but I have seen this personally . It was a unique day so remember it very well !
after 3.30 he Said "SORRY".
But I have no grudges abt him. as I was always looking at him as anchor.

No one in the universe could have anticipated the level of fraud in a blue chip like satyam AT THAT TIME.

Must have had market cap of 50000 crores atleast then