'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, November 18, 2013

Gold Short Trade Setup

Good timing to short the market today, for it's the first day of the week, participants are not that inclined to rally the market. Nice timing if you can enter short at the 'push-up' as shown from the upper red arrow and exit (cover) at the support (lower arrow).