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, June 22, 2012
Friday's Market Trade
The market made a tight consolidation till late noon (ET) and made a stunning move upwards till the close.
Buying at the open is the most probable entry to make a profitable trade this Friday.
Shown is the 5-min. chart.
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