'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**
Friday, October 7, 2011
The "failed" trade was not on the right timing, especially today it's Friday - profit taking day.
All traders close their position.
But there is a tendency the market might move up later in the trading day.
Let's just see and watch.
Was early to put on a position to trade, failed to get a confirmation from 1-hr. chart and that is the big mistake.
All traders close their position.
But there is a tendency the market might move up later in the trading day.
Let's just see and watch.
Was early to put on a position to trade, failed to get a confirmation from 1-hr. chart and that is the big mistake.
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