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.'**
Monday, July 16, 2012
Monday's Breakout Trade
The market open below and made a nice consolidation below the pivot opening an entry for a long trade.
It made a dramatic breakout above the pivot exiting the trade from the previous high last Friday's market.
Nice setup trade!
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