'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

Market is heading higher prior in the open...

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Might wait for the regular open to exit and find out the reaction of the market to see if it can exited at high price...
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Trade is gaining ground...looking to exit the target price...
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Moved stop to 12129...
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Put sell limit at 12161...let's see if it can make it...
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Stop almost got hit...will try to exit if it reach 12160 points...
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Moved stop to 12119...
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