'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Wednesday, January 11, 2012

The market was choppy today and a difficult trading if not impossible to make a trade.

The only viable trade I can see is the last hour session where there is a wedge/triangle formation at around 2:30 pm. ET.

Other than that, the market will chop you up into pieces.