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

Wednesday, December 7, 2011

That's it fellow traders, hope was able to share some trade inputs...in your wallet...
Showing the chart pattern where trade was concluded, entry was at 12090 with the exit at 12130...

Sold at 12130 for a gain of 40 points...
Moved the stop to 12100...
Putting sell limit at 12131...
Moved the stop to 12080...
Trade is gaining ground, looking to exit at 12130...let's see if it will work...