'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Tuesday, July 17, 2012

Tuesday's Reversal Trade

The market gap up in the open only to lose its strength and made a reversal before lunch time opening for a long trade at S1.

The most probable exit is at R1 as shown from this 3-min. chart.

Posted by at