Observe & Trade*
Observing the stock market technicals and exploring opportunities to trade
'
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, May 11, 2012
Friday's Trade Setup
The market made a surprising/stunning move today.
It rises from the deep hole for it was sinking the last weeks.
Today's jumper move/trade was an opportunity to buy in the open.
Shown is the 5-min. chart with the entry for a long trade.
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