'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 25, 2012

Tuesday's Trade Setup

The market gap up today in the open only to lose its strength for the profiteers trying to make money early on.

The best entry is from the pullback below when the ma's cross over opening for a long trade.

The exit is at the arrow above just below the R2 level.