Observe & Trade*
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.'**
Monday, December 5, 2011
Moved stop to 12129...
Put sell limit at 12161...let's see if it can make it...
Stop almost got hit...will try to exit if it reach 12160 points...
Moved stop to 12119...
Moving the stop to 12115...above one point from the entry...
Bought YM in the Globex at 12114 with stop at 12090...
The market is trending up from this Globex market chart.
A signal for a higher open.
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