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.'**
Thursday, September 8, 2011
For a second trade, buying YM at 11335 with stop at 11310...
Target sell price at 11350 got hit for a gain of 30 points, +$150.00 bucks... not bad for 10 min. job...I'm leaving my trading table for a doctor's appointment...see you then...maybe later...
Stop adjusted to break even at 11320...
Putting sell limit at 11350...targeting 30 points...
Buying YM at 11320 on long with a stop at 11300...
Will watch YM (DIA) for a pull back and observe if its going to make a move...
Wednesday, September 7, 2011
The market rolled...as I observed buying at the open and close it at the end of trading offered a low risk trade...
