'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, January 4, 2011

Ripe Trade: Trading setups for January 4

Ripe Trade: Trading setups for January 4

Trading ideas






Showing the 5-min. chart from the three core etf's which are similar to the e-minis.

The three core went up vertically as the market open.

Buying at the open can net you a nice payday!

Referring to the multiple chart (1, 2, 3 -min.) can give a nice entry.

Monday, January 3, 2011

Observe & Trade


The four market sectors went up smoothly today.

Buying early in the open can give you a nice payday today.

But this one on TF is the one I find a good one to trade with.

It back up a little bit from R1 and from there it went upwards smoothly.

Yahoo! Finance - Portfolios

Trader9 latest update on current portfolio: Yahoo! Finance - Portfolios