'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 18, 2012

The market (YM Futures) is on the sideways (or in a zigzag) move from the overnight session as shown from this chart in the Globex.

I guess a choppy trading might be the trend for today's session.

Let's see and watch the market how will conduct its behavior.

Trade or no trade, let's focus and study how the market reacts.

In that way we can have an idea where we can find opportunities in the future.

That's how is trading is all about, watching the market and sitting tight is the way to make money in the market - as how one famous great trader espouse.

And especially love (and learning how the market works) for the market is important whether making money or not - love what you do as they say.

Anyway, let's see how the market reacts in the regular open.