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

Thursday, December 23, 2010

Observe & Trade

Watching the market and at this point it is a selling exodus from the participants.

We'll see if it will stabilize and will consolidate.

It's a short market at this moment.

Will look for a good location to find and form a trade idea, if not, no trade at all.