'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, October 27, 2011

Moving the stop to 12050 to make it safe...
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Putting sell limit to 12100...
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Moving the stop to break even at 12030...
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YM is now building momentum...looking to exit the trade to 12100...
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Will try again at (YM) 12030 with stop at 12010 for a long trade...
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Trade failed...lost 25 points...suddenly the market turns south...
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Bought YM at 12045 with stop at 12020...let's see how it goes...long trade..
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