'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, March 14, 2012

The market did not do anything today except to move sideways.

It got tired/burned from yesterday's big upside.

It paused for a little bit and both participants are watching each others back who's going to move where.

No convincing trade setup for today except some scalping which are good for quick traders.