'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 21, 2011

Was not able to post this week and the market (YM) made an unusual move as shown from this 60-min. chart.

It drops more than 200 points last Monday and move up a little bit early Tuesday, then stays sideways for three days.

It went up today, Friday, the last trading day.

Not quite a tradeable week for the traders.