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.'**
Wednesday, May 23, 2012
Wednesday's Trade Setup
The market made a reversal from its downward trend from the open till noon time.
The best entry for a long trade is at around 1:00 pm. ET. as pointed from the arrow.
Takes a lot of patience in waiting for the setup to get triggered.
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