'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, February 8, 2011

Observe & Trade


TF resembles a kind of a "dragon wave" pattern develop today as shown.

Though a pennant triangle can be considered, but there's not much a nice location to put a trade as far as I can observed.

It's a see saw battle most of the trading day except in the latter part.