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

Monday, January 10, 2011

Observe & Trade




Showing the 5-min. chart from TF (Russell 2000) and NQ (QQQQ).

Both of them penetrates above the pivot and the previous close.
These are the kind of setups that are low risk entry.
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