'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 28, 2011

The market is basing between 11090 and 11150...

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Get back at 11140 with stop at 11110...
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Traded out at 11220, it drops suddenly, just gain 30 points...the market bows out suddenly...
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Reducing my limit sell to just 11250...to much high for the 11300, it's too "vertical" for a short range...
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Moving stop to break even...11190...
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Put sell limit at 11300...
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Bought YM at 11190 with stop at 11150...
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