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

Tuesday, December 21, 2010

Observe & Trade


TF market is consolidating tightly in the Globex as of this time.

All four main core indexes are moving upwards smoothly.

Looks like same scenario like yesterday.
I am particularly watching/trading TF partly because a one point move can make fast money ($100.00 for a contract).
That's why for a small move like that mean a big business for "us (me)" small retail traders.