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.'**
Tuesday, September 4, 2012
Tuesday's Trade Setup
The market drops hard today due to unfavorable manufacturing report.
After the sell off, the market made a turnaround and recovers.
The best entry is from above the support when it consolidates.
As of this posting, the market is still recovering.
Exit the trade at your target price.
Newer Post
Older Post
Home