'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, January 6, 2011

Observe & Trade









The market is "confused" today for there are no clear tradeable pattern emerge.

Except from the ES and YM, but you must be seasoned enough in trading to trade them based from my opinion.

The TF and NQ should have left off by themselves for there are no clear direction.

All in all, this is the time (today) not to get involved in the market for it can easily chopped our trades.