Dont buy breakouts on impulse-just wait and--
- Thread starter rvlv
- Start date
Hi Lohiya
correction
Neal Hughes uses daytrading and his basis is fibonacci.
He got nothing to do with darvas box.
I am interested in darvas box,and trading based on that.
We borrow Neal idea - and apply it differently
WE scan by quarterly chart or weekly or monthly then get down to lower time frame and buy pullbacks on fibolevels
better to scan weekly and buy on daily chart on pullback.
In darvas box if you buy a breakout blindly you get butchered.
so proceed cautiosly with a strategy to avoid getting trapped in false breakouts.
that is what I think.
rvlv
correction
Neal Hughes uses daytrading and his basis is fibonacci.
He got nothing to do with darvas box.
I am interested in darvas box,and trading based on that.
We borrow Neal idea - and apply it differently
WE scan by quarterly chart or weekly or monthly then get down to lower time frame and buy pullbacks on fibolevels
better to scan weekly and buy on daily chart on pullback.
In darvas box if you buy a breakout blindly you get butchered.
so proceed cautiosly with a strategy to avoid getting trapped in false breakouts.
that is what I think.
rvlv
So sorry Sir, got stuck with the name of the thread 
Wish the precaution rider in your earlier post had been added when you created the thread. I would not have been prompted to divulge my strategies I had posted EOD charts suggesting breakouts. But guess candlesticks and patterns appear on daily charts also, where one can set the time period to one's convenience(5 min, 15 min etc.).
So sorry Sir, got stuck by the promotional material mentioned in the link at:
http://www.traderji.com/62966-post1.html
and at:
http://www.traderji.com/63293-post1.html
I guess I had mentioned what importance I give to fib. numbers in the first post itself.
A Technical Analyst, whatsoever strategies he uses to trade breakouts, makes money successfully.
Me so sorry Sir, I could not gather from the videos in your post of what I had learnt from threads in the Technical Analysis Section. So sorry that I believe one should only promote strategies that he himself has used for profitable trading for years.
Correction:
http://www.traderji.com/63003-post80.html
I am so sorry Sir, that in my first post I had negated none of your ideas, but, humbly posted my own only.
Rather than explaining things, I should have just included the charts as done by Jaykiru Sir, and escaped all theese posts.
Wish the precaution rider in your earlier post had been added when you created the thread. I would not have been prompted to divulge my strategies I had posted EOD charts suggesting breakouts. But guess candlesticks and patterns appear on daily charts also, where one can set the time period to one's convenience(5 min, 15 min etc.).So sorry Sir, got stuck by the promotional material mentioned in the link at:
http://www.traderji.com/62966-post1.html
and at:
http://www.traderji.com/63293-post1.html
I guess I had mentioned what importance I give to fib. numbers in the first post itself.
A Technical Analyst, whatsoever strategies he uses to trade breakouts, makes money successfully.
Me so sorry Sir, I could not gather from the videos in your post of what I had learnt from threads in the Technical Analysis Section. So sorry that I believe one should only promote strategies that he himself has used for profitable trading for years.
Correction:
http://www.traderji.com/63003-post80.html
I am so sorry Sir, that in my first post I had negated none of your ideas, but, humbly posted my own only.
Rather than explaining things, I should have just included the charts as done by Jaykiru Sir, and escaped all theese posts.
Caution Regarding Trading on Breakouts
Nowdays every Tom, Dick, and Harry are getting into Technicals. Since breakouts give quick bucks the are most sought by theese people. They attend a 2 day TA workshop, buy a course as advertised by Neal Hughes or read about new setups and start thinking themselves on top of the world.
They dont bother about mathematical probabilities and supply/demand battle.
They forget that more important than a system itself are the strategies used to develope the system.
More than that, after being developed, a system requires thorough backtesting and good experience before it gives peace of mind.
Then beyond TA is downside risk management, risk/reward management and portfolio management etc. called together as money management.
And above every thing else, trust me friends, is the use of common sense.
--Some analysts use Elliot Waves to judge a breakout.
--Some like Larry Williams develope their own indicators or a setup of
established indicators.
--Some like Nicholas Dravas develope sophisticated setups which inherently
have elementry things like angles and s/r levels.
--Some use traditional pattern study to judge a breakout.
Go through the thread breakouts, there are almost as many as setups as the no. of member posting them.
Newbies get trapped in the myriad of strategies once they forget that the most important thing is prices and volumes, everything else follows.
Trading on a breakout requires a lot of effort. But the rewards are just as much. They are always worth the effort, that is.
Happy Trading to all!
Nowdays every Tom, Dick, and Harry are getting into Technicals. Since breakouts give quick bucks the are most sought by theese people. They attend a 2 day TA workshop, buy a course as advertised by Neal Hughes or read about new setups and start thinking themselves on top of the world.
They dont bother about mathematical probabilities and supply/demand battle.
They forget that more important than a system itself are the strategies used to develope the system.
More than that, after being developed, a system requires thorough backtesting and good experience before it gives peace of mind.
Then beyond TA is downside risk management, risk/reward management and portfolio management etc. called together as money management.
And above every thing else, trust me friends, is the use of common sense.
--Some analysts use Elliot Waves to judge a breakout.
--Some like Larry Williams develope their own indicators or a setup of
established indicators.
--Some like Nicholas Dravas develope sophisticated setups which inherently
have elementry things like angles and s/r levels.
--Some use traditional pattern study to judge a breakout.
Go through the thread breakouts, there are almost as many as setups as the no. of member posting them.
Newbies get trapped in the myriad of strategies once they forget that the most important thing is prices and volumes, everything else follows.
Trading on a breakout requires a lot of effort. But the rewards are just as much. They are always worth the effort, that is.
Happy Trading to all!
Good Work.
Candlesticks study used alongwith chart patterns is still the most simplest and very powerful approach.
One should not provide hints or ishaare about things one does not understand. Rather than copy-paste from other sites or providing weblinks, original posts are appreciated. If views are borrowed from somewhere the source should be mebtioned rather than 'that is what I think'. Students should not challenge professionals, but succumb HUMBLY to a discussion.
Sushant.
Candlesticks study used alongwith chart patterns is still the most simplest and very powerful approach.
One should not provide hints or ishaare about things one does not understand. Rather than copy-paste from other sites or providing weblinks, original posts are appreciated. If views are borrowed from somewhere the source should be mebtioned rather than 'that is what I think'. Students should not challenge professionals, but succumb HUMBLY to a discussion.
Sushant.
Last edited:
Gents
New investors
Please come forward and tell me.
Due to insulting remarks by sushant and lohiya,I have decided to delete my post on avoid breakout buying etc.
--------------------------------------------------------------
I thought it is of education value and the video lessons of buying at fibo supports would help those investors who like to see video based on the requests I got. IT SEEMS THESE two PEOPLE see no value for these.They believe in depriving others of these learning oipportunities.
Do these videos mean anything ?
--------------------------------------
sushant says
One should not provide hints or ishaare about things one does not understand. Rather than copy-paste from other sites or providing weblinks, original posts are appreciated. If views are borrowed from somewhere the source should be mebtioned rather than 'that is what I think'. Students should not challenge professionals, but succumb HUMBLY to a discussion.
-----------------------------------------
What does it mean?
It means sushant cannt even see read properly.but is just in hurry to point finger-so much in hurry that you cannt even read few lines properly?
Idea behind? just want to find fault-not thinking of seeing if there is any good thing.
Thanks for the insult and copy paste and tom dick harry etc stuff.
Without even reading my post,sushant says the post origin source etc must be mentioned etc. Somebody in his senses can see the origin,source,name of the provider so clearly but this so called Humble guy named Sushant cannt even read or understand these simple things.Shows how great he thinks of himself- You have the data information and you cannt even read it-WOW
What a HUMBLE specialist!!!!!!!!!!!!!
Such a nasty comment? It is very mean of this guy.
If somebody cares to read the first post it says, Origin,source every damn thing is mentioned in all clarity for a 5 year old child toi make out but SUSHANT cannt neither read nor understand. I had a contact with NEAL
so I got these things and presented it - i never said it is my own manufacture.
Read title =dont buy breakouts on impulse=means check think evaluate then jump in-motive dont go into losses!!! is it wrong?----------------------------------------------------------------
If you want perfect trades, perfect your trading plan. Neal Hughes
"FibMaster
Thanks to an excellent video from NEAL-IT opens doors to new thinking.
Re-think breakout strategy
--------------------------------------------------------------
see the video
http://207.6.227.129:8080/lessons/Tr...roduction.html
http://207.6.227.129:8080/lessons/Tr..._trading1.html
and
http://207.6.227.129:8080/lessons/Tr..._trading2.html
--------------------------------------------------------------
If some juniors starts abusing senior,it is high time to reconsider my strategy.
------------------------
look what lohiya says
Nowdays every Tom, Dick, and Harry are getting into Technicals. Since breakouts give quick bucks the are most sought by theese people. They attend a 2 day TA workshop, buy a course as advertised by Neal Hughes or read about new setups and start thinking themselves on top of the world.They dont bother about mathematical probabilities and supply/demand battle.
They forget that more important than a system itself are the strategies used to develope the system.
--------------------------------------------
That shows how HUMBLE he is!!!!!!!!!!
I never said this is the only strategy-This is one of many.I neither talk of the system or development issues. NEAL HUGHES IS NOT A tom or dick or xyz.
I never bought his system or course.If you dont know anything about him, you must have requested info.A novice comes and abuses an expert in field?
Sushant wants students and experts,challenging and all that crap.
I have just posted a lesson to learn.If you just look at it and start finding fault,that shows how you go thru the stuff appreciate its value. The point is I have no intention to challenge or teach.Without even lknowing a smaal thing about inside bar,if a guy starts criticising about strategies using it,
it shows what these people are made of.
Sushant and lohiya,two humble,very humble peoiple so ready to insult- once again thank you for the good job.
In fact I have prepared some more video stuff,but now I see it useless to
post as I am fed up with nasty comments.Especially without reading the thing fully and for whom it is meant for to apply in which context.The pity is people think fibonacci support is useless or invalid.
First time I have realised video lesson means nothing more than a copy paste operation without regard to its education values for new investors.
The content its core value the guidance all mean nothing-as indicated by sushant.
My post will be off soon!!!!!!!!!!!!
I wont be able to read the reply either as I proceed to remote project location for two weeks from now without internet.
rvlv
New investors
Please come forward and tell me.
Due to insulting remarks by sushant and lohiya,I have decided to delete my post on avoid breakout buying etc.
--------------------------------------------------------------
I thought it is of education value and the video lessons of buying at fibo supports would help those investors who like to see video based on the requests I got. IT SEEMS THESE two PEOPLE see no value for these.They believe in depriving others of these learning oipportunities.
Do these videos mean anything ?
--------------------------------------
sushant says
One should not provide hints or ishaare about things one does not understand. Rather than copy-paste from other sites or providing weblinks, original posts are appreciated. If views are borrowed from somewhere the source should be mebtioned rather than 'that is what I think'. Students should not challenge professionals, but succumb HUMBLY to a discussion.
-----------------------------------------
What does it mean?
It means sushant cannt even see read properly.but is just in hurry to point finger-so much in hurry that you cannt even read few lines properly?
Idea behind? just want to find fault-not thinking of seeing if there is any good thing.
Thanks for the insult and copy paste and tom dick harry etc stuff.
Without even reading my post,sushant says the post origin source etc must be mentioned etc. Somebody in his senses can see the origin,source,name of the provider so clearly but this so called Humble guy named Sushant cannt even read or understand these simple things.Shows how great he thinks of himself- You have the data information and you cannt even read it-WOW
What a HUMBLE specialist!!!!!!!!!!!!!
Such a nasty comment? It is very mean of this guy.
If somebody cares to read the first post it says, Origin,source every damn thing is mentioned in all clarity for a 5 year old child toi make out but SUSHANT cannt neither read nor understand. I had a contact with NEAL
so I got these things and presented it - i never said it is my own manufacture.
Read title =dont buy breakouts on impulse=means check think evaluate then jump in-motive dont go into losses!!! is it wrong?----------------------------------------------------------------
If you want perfect trades, perfect your trading plan. Neal Hughes
"FibMaster
Thanks to an excellent video from NEAL-IT opens doors to new thinking.
Re-think breakout strategy
--------------------------------------------------------------
see the video
http://207.6.227.129:8080/lessons/Tr...roduction.html
http://207.6.227.129:8080/lessons/Tr..._trading1.html
and
http://207.6.227.129:8080/lessons/Tr..._trading2.html
--------------------------------------------------------------
If some juniors starts abusing senior,it is high time to reconsider my strategy.
------------------------
look what lohiya says
Nowdays every Tom, Dick, and Harry are getting into Technicals. Since breakouts give quick bucks the are most sought by theese people. They attend a 2 day TA workshop, buy a course as advertised by Neal Hughes or read about new setups and start thinking themselves on top of the world.They dont bother about mathematical probabilities and supply/demand battle.
They forget that more important than a system itself are the strategies used to develope the system.
--------------------------------------------
That shows how HUMBLE he is!!!!!!!!!!
I never said this is the only strategy-This is one of many.I neither talk of the system or development issues. NEAL HUGHES IS NOT A tom or dick or xyz.
I never bought his system or course.If you dont know anything about him, you must have requested info.A novice comes and abuses an expert in field?
Sushant wants students and experts,challenging and all that crap.
I have just posted a lesson to learn.If you just look at it and start finding fault,that shows how you go thru the stuff appreciate its value. The point is I have no intention to challenge or teach.Without even lknowing a smaal thing about inside bar,if a guy starts criticising about strategies using it,
it shows what these people are made of.
Sushant and lohiya,two humble,very humble peoiple so ready to insult- once again thank you for the good job.
In fact I have prepared some more video stuff,but now I see it useless to
post as I am fed up with nasty comments.Especially without reading the thing fully and for whom it is meant for to apply in which context.The pity is people think fibonacci support is useless or invalid.
First time I have realised video lesson means nothing more than a copy paste operation without regard to its education values for new investors.
The content its core value the guidance all mean nothing-as indicated by sushant.
My post will be off soon!!!!!!!!!!!!
I wont be able to read the reply either as I proceed to remote project location for two weeks from now without internet.
rvlv
Last edited:
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