'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, November 29, 2011

A choppy market trading today.

Not much action today for the participants are watching each others back.

I can say the market is confused and looking for a direction.

I can't find a nice location for a swing setup today except to just wait for the next trading day.

That's how in trading, it's like fishing...waiting for the bait takes time and needs patience.