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 19, 2011
Putting sell limit to 11855...
Trade is gaining ground, will exit at around 11850 plus...
Bought YM again at 11820 with stop at 11800...
Suddenly it drops like a bomb for a loss of 19 points total...volatility in play...
Adding another contract for YM at 11835...
Bought YM at 11843 with stop at 11820...
Sunday, December 18, 2011
Futures market is on a downtrend as shown from this Globex trading.
Partly due to the recent news coming from Asia and from the North Korean leader's demise.
Another reason that a Santa Claus rally this week is already nil?
Let's see by tomorrow's regular open if there will be a miracle.
Newer Posts
Older Posts
Home
Subscribe to:
Posts (Atom)