'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, September 7, 2011

Moving the stop to break even at 11270...
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Buying YM at 11270 on long with stop at 11250...
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Just for my own observation and the way I can see the trend from my live chart, the market is on the positive trend. Buying long at the open (possibly on a pullback) and let it run till the close has the big potential of a low risk reward...that's how I can see...
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Market is gaining ground

YM is gaining ground on this 5-min. chart...

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Tuesday, September 6, 2011


Showing the second trade, enter at 10970 and got stop at 11000 for a gain of 30 points, $150.00.
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Stop got hit for a gain of 30 points, $150.00 gain for a contract...
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Moving the stop at 11000
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