'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Monday, November 28, 2011

Looking to exit at 11550...
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Trade bounce back...gaining its ground...
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Trade still sitting above 100 MA...still has a chance to bounce back...
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Trade is fighting for dear life...the momentum is waning...bracing for a disaster...
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Moving the stop a little bit below the 100 MA at 11490...to make it more leeway with the volatility...
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Adding one contract position at a price of 11510...
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Looks like the stop price is going to get hit...might put/move a wider stop at 11500...
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