Observe & Trade*
Observing the stock market technicals and exploring opportunities to trade
'
Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**
Friday, February 11, 2011
Observe & Trade
The market went upwards today, seems an abnormal reaction.
Usually a Friday profit taking.
ES, NQ, and TF were all made a smooth ride.
Buying any of them in the open and close it at the end of trading day can make you a big buck.
YM is the only instrument that did not go for a smooth ride.
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