'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.