In the late 1950s, Nicolas Darvas was one half of the highest paid dance team in show business.
Darvas turned a $36,000 investment into more than $2.25 million in a three-year period.
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The Darvas Box Trading Strategy
A Detailed Thread ๐ + 1 Book Give Away !
Rules For Giveaway :
Follow @JayneshKasliwal
๐Retweet and
โฅ๏ธ Like this Tweet
One Lucky Winner will be Selected
#StockMarket #darvasbox
In the late 1950s, Nicolas Darvas was one half of the highest paid dance team in show business.
Darvas turned a $36,000 investment into more than $2.25 million in a three-year period.
1/n
Read more About his life : https://t.co/58HCN9ddDG
2/n
@kuttrapali26
TREND FOLLOWING MOMENTUM TRADING
๐Darvas was tracking stocks only making new high
Trading stocks breaking 2-3 year high.
๐But 52-week high is mostly tracked for this theory
๐Emphasized very much on Huge volume Breakouts
A typical Darvas Box Chart :
3/n
Stock Price Should be within 15 to 20 % of Highs
Overall trend of the stocks should be up and greater than 200 ema
Preferably 100% up then the 52 week low
Look for Industry Leaders , with High Growth
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๐Whenever the stocks breaks the 52 week Keep them on watchlist
๐Look that The next 3 candles should not break the 52 week high and fall below
๐The high point will be called as CEILING
๐Look for Volume Breakout too or Breakout should be Above Average volume
5/n
๐Floor is basically the a small reversal point or bottom the stock is trying to make.
๐Floor is generally the stoploss of the trade
๐The bigger the range the bigger the stoploss and higher the Risk
6/n
After 52 week High , mark the Top: Ceiling
After a small Reversal mark the Bottom : Floor
Enter As soon as the 52 week high breaks with stoploss
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โ Enter When 52 Week High is Broken , and Keep Adding as and when the box formation takes place .
๐Keep Shifting the stoploss to next Box lows
8/n
Entry on failed Breakout but Stops Dont hit as Stoploss is below the Box
PIC 2 : You should only draw boxes when the next 3 candles of 52 week high dont break the high.
9/n
#kotakbank : Not valid Box , as stock is not breaking the 52 week high only the range breakout is happening
Also Restrict yourself to growth stocks that is midcaps and smallcaps
10/n
There isnt any fixed % of difference from ceiling to floor mentioned any where
There also isnt any time frame mentioned how much the sideways trend or box formatiom will take place
There could be any combinations of boxes and there sizes
11/n
1. Buy if price closes above Ceiling and put a stop-loss below Floor price.
2. Add Small Qtys as breakout happens and one can pyramid in winners and further breakouts
3. Ride the winner till you get Stopped
4. Reenter if stock regains 52 wk high
13/
4.Exit the trade when price goes below the floor price of the recent box.
@AmitabhJha3
14/n
More from JayneshKasliwal
The Ultimate Guide to moving averages !
A mega thread to understand the Use of 21 , 50 and 200 ema.
4 Effective uses of Exponential Moving Averages !
Retweet and Share ๐
#stockmarkets #nifty
@kuttrapali26 @caniravkaria
Once Can refer the use of Moving Averages Throught this thread
4 Popular uses of moving averages
1. Identifying the direction of trend
2. MA crossover
3. Dynamic Support and Resistance
4. Price Crossing above Key EMAs
Note : In chart 21 ema is red , 50 ema is green and 200 ema is black
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Why EMA and not SMA ?
EMA is fast , accurate and prices in recent data !
3/n
Use 1 : Identifying the trend of stock on dtf
The 21 ema will tell us the Short term trend of a stock , while the 200 ema will tell us the long term trend of a stocks
Any EMA that is sloping
:upwards trend is BULLISH
:sideways trend is NEUTRAL
:downwards trend is BEARISH
4/n
A mega thread to understand the Use of 21 , 50 and 200 ema.
4 Effective uses of Exponential Moving Averages !
Retweet and Share ๐
#stockmarkets #nifty
@kuttrapali26 @caniravkaria
Once Can refer the use of Moving Averages Throught this thread
ULTIMATE GUIDE TO 21 and 200 Moving Average
— JayneshKasliwal (@JayneshKasliwal) November 14, 2021
SUNDAY THREAD \U0001f516
A trend Following System That will Help You Improve Trading immensely.
RETWEET AND SHARE \U0001f504@kuttrapali26 @AmitabhJha3 #stocks #StockMarket
1/n
4 Popular uses of moving averages
1. Identifying the direction of trend
2. MA crossover
3. Dynamic Support and Resistance
4. Price Crossing above Key EMAs
Note : In chart 21 ema is red , 50 ema is green and 200 ema is black
2/n
Why EMA and not SMA ?
EMA is fast , accurate and prices in recent data !
3/n
Use 1 : Identifying the trend of stock on dtf
The 21 ema will tell us the Short term trend of a stock , while the 200 ema will tell us the long term trend of a stocks
Any EMA that is sloping
:upwards trend is BULLISH
:sideways trend is NEUTRAL
:downwards trend is BEARISH
4/n
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Took me 5 years to get the best Chartink scanners for Stock Market, but youโll get it in 5 mminutes here โฐ
Do Share the above tweet ๐
These are going to be very simple yet effective pure price action based scanners, no fancy indicators nothing - hope you liked it.
https://t.co/JU0MJIbpRV
52 Week High
One of the classic scanners very you will get strong stocks to Bet on.
https://t.co/V69th0jwBr
Hourly Breakout
This scanner will give you short term bet breakouts like hourly or 2Hr breakout
Volume shocker
Volume spurt in a stock with massive X times
Do Share the above tweet ๐
These are going to be very simple yet effective pure price action based scanners, no fancy indicators nothing - hope you liked it.
https://t.co/JU0MJIbpRV
52 Week High
One of the classic scanners very you will get strong stocks to Bet on.
https://t.co/V69th0jwBr
Hourly Breakout
This scanner will give you short term bet breakouts like hourly or 2Hr breakout
Volume shocker
Volume spurt in a stock with massive X times
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Recently, the @CNIL issued a decision regarding the GDPR compliance of an unknown French adtech company named "Vectaury". It may seem like small fry, but the decision has potential wide-ranging impacts for Google, the IAB framework, and today's adtech. It's thread time! ๐
It's all in French, but if you're up for it you can read:
โข Their blog post (lacks the most interesting details): https://t.co/PHkDcOT1hy
โข Their high-level legal decision: https://t.co/hwpiEvjodt
โข The full notification: https://t.co/QQB7rfynha
I've read it so you needn't!
Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.
The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent โ this will be the heart of their assessment.
Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have โ though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.
It's all in French, but if you're up for it you can read:
โข Their blog post (lacks the most interesting details): https://t.co/PHkDcOT1hy
โข Their high-level legal decision: https://t.co/hwpiEvjodt
โข The full notification: https://t.co/QQB7rfynha
I've read it so you needn't!
Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.
The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent โ this will be the heart of their assessment.
Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have โ though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.
