'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, January 20, 2012

The market (YM Dow) made a nice move upwards today as compared with the other market core index.

Nasdaq and the S&P were quite choppy, maybe because most traders trade these two instrument regularly.

Unlike the Dow (YM) which is not often traded by many.

That's why I prefer to trade the (YM) than the other two.