'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Saturday, November 13, 2010

As I observed!


Showing a trading ideas from the Dow chart last Friday.

There are two possible low risk short trade that I observed as shown from the elliptical shaded area.

Notice the 20MA is on the downside trend. That's a plus side in confirming to put a short trade.

Trading is a process of observing and finding ideas to get involved.