'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, December 2, 2011

The market is trending up after it zigzag from yesterday's regular trading.

It consolidates in the overnight session.

A positive jobs report was the reason the market is reacting positively.

A profitable signal to profit for the swingers who were able to position themselves last Monday.

Today's Friday trading will be the profit taking day.

Expect to make a sell off early in the open.