the market is totally being controlled!

[tiddlywinks]

I am curious about your opinion about these days market.
...

Things that matter matter when they matter: until they don't matter anymore.

 

[noblehawk]

You don't wanna know my opinion.

Come on,guys, speak out. Any opinion is welcome, as far as it makes sense.

 

[noblehawk]

Good question.

You will notice that more than 50% of the time, these breakouts never pullback. Breakouts without a pullback are very powerful and usually generate the biggest gains in percentage terms.

Unfortunately, it is simply too risky to chase them, at least for me. As a rule of thumb, if I see no pullback after a maximum of 10 to 15 bars (after the breakout), I simply look for another trading opportunity, for the simple reason that real, meaningful breakouts rarely spend that much time to return to the breakout line before resuming their initial move.

Dude, Check KMI ! 10 minutes 1000 US$. I told you i would not make the same mistake as SCTY.
Happy trading!