'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, September 26, 2011

The market is gaining ground as can be seen from this 5-min. chart of YM futures.

Can make a long trade today after a pullback from the open.

That maybe possible because the market is being pummelled the last two or three days or so.

Mr. Market seems ready to fight back.