'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

The market (YM) is sustaining its momentum from yesterday's price action as shown from this 5-min. chart from the Globex.

I guess a volatile regular trading today.

It might be the right time to make a position/entry for a swing trade.

Let's see in the open if we can find the right location to put on a trade.

Yesterday's trade was not quite successful for the market already made its turn early in the open, so no more fire to ignite.