Observe & Trade*
Observing the stock market technicals and exploring opportunities to trade
'
Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**
Wednesday, November 24, 2010
Observe & Trade
Taking this 3-min. chart from Russell 2000 that can be relayed to e-mini futures TF.
This is a long trade.
Notice the base at 716.00 level and the 20 ema intersection.
This confirms that you can enter at that level with a close stop below.
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