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

Sunday, December 5, 2010

Observe & Trade


What a nice chart entry from Russell 2000, equivalent to TF in the e-minis.

Spotting this formation can make your whole week of waiting for the right trade in just one day, Friday.

That's how in trading, you don't need to trade everyday, only fools do.

Trading is waiting for the right timing!