'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, August 8, 2012

Tuesday's Trade Setup

The market gap up today in the open  and shown from this 5-min. chart is the viable trade setup.

The entry is at the lower arrow within the R1 and the exit is at upper arrow just before reaching the R3 level.

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