[Smellypunks]

Can anyone give advice on buying the point B pull back. If I remember correctly Stan talked about buying the pull back towards the breakout or 30 week ave. I don't like to watch the market but like to set orders. I have set orders for the breakout price a number of times and they have not been filled. So I am not sure the best way to set my orders for the point B (as Stan called it). Example shows stock that I am thinking to enter but not sure where to put my order. I would like to put it at 109 (breakout price) which gives 11% downside risk IMO, but feel again I will miss the stock.

Just as an update on GTLY. Using the 2 hour chart it came back and almost touched the breakout (perfect). I missed it, as was on holiday and not watch the stock but Stan's idea was sound.

[odlareg]

Has anyone used options with this method? Just curious
I've read that vs stocks there is a much greater return with very similar risks..

I'd be interested to know this as well, including some examples of the actual costs of making options trades.

I suggest you take a look at www.pitbullinvestor.com/tradefinder. He is only doing options. He works with Measured Moves (MM). It is a bit simular with continuation breaks outs. When you select the closed trades section, you can see the results.

It is a paid service. Be careful with the link , as I have the feeling i'm in through the back door.

He doesn't look to volume. I wonder if volume had saved him from some losses.

[Sartois]

Hi all,

I was wondering what people use to assess the US (presumably S&P500) sectors. For UK stocks, I've been using the FTSE350 sectors, but can't find an equivalent for the US stocks. Any help would be much appreciated.

Thanks,

Sartois

[isatrader]

Hi all,

I was wondering what people use to assess the US (presumably S&P500) sectors. For UK stocks, I've been using the FTSE350 sectors, but can't find an equivalent for the US stocks. Any help would be much appreciated.

Thanks,

Sartois

Go to http://stockcharts.com/freecharts/indust...#&S=PD&O=2 and you'll find all 100+ US sectors which you can see charts of the sectors or click into to see the individual stocks in each.

[Sartois]

Hi all,

I was wondering what people use to assess the US (presumably S&P500) sectors. For UK stocks, I've been using the FTSE350 sectors, but can't find an equivalent for the US stocks. Any help would be much appreciated.

Thanks,

Sartois

Go to http://stockcharts.com/freecharts/indust...#&S=PD&O=2 and you'll find all 100+ US sectors which you can see charts of the sectors or click into to see the individual stocks in each.

Great, thanks.

[Smellypunks]

HUR.L - seems to be trying to make a continuation breakout, question is should we be buying as the vol is not that great? You can see this best on the daily chart as its all happening in a matter of hours/days not weeks.

[isatrader]

HUR.L - seems to be trying to make a continuation breakout, question is should we be buying as the vol is not that great? You can see this best on the daily chart as its all happening in a matter of hours/days not weeks.

Part of the reason I sold HUR.L when I did, was because it was very thinnly traded, but it hasn't stopped it going higher. So it may not be an issue

[pcabc]

HUR.L - seems to be trying to make a continuation breakout, question is should we be buying as the vol is not that great? You can see this best on the daily chart as its all happening in a matter of hours/days not weeks.

Part of the reason I sold HUR.L when I did, was because it was very thinnly traded, but it hasn't stopped it going higher. So it may not be an issue

It can be interesting to look at volume x price to get an idea of the amount of money traded per day. For HUR.L it looks to be in the 100's of thousands of pounds to millions a day. On some of the small caps it can be very low indeed.