'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, October 14, 2011

The market (YM) turn upside before the close.

It consolidates below its opening price almost the whole trading day.

It took a lot of patience and persistence for the bulls to take their course.

Let's see by Monday if it continues.

I guess a profit taking might take place.