'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 21, 2011

Bought YM at 11995 for a long trade with stop at 11970...
Posted by at
Exited the trade at 12015 for a 25 points gain...
Posted by at
Put sell stop to 12033...
Posted by at
Trade is gaining ground...move the stop to 11995 to make it safe...
Posted by at
Price action looks positive...will reverse the trade to long at 11990 with stop below at 11925...
Posted by at
The market losing its steam...shorted the YM at 11985 with stop at 12000...let's see if will work...
Posted by at

Tuesday, December 20, 2011

The market rallied today.

Santa still has money to buy the market, probably he uses his piggy bank.

Hopefully his money from the piggy bank will last till the end of this year in buying the market.



Posted by at
Subscribe to: Posts (Atom)