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

Friday, December 23, 2011

Moving the stop to 12125...
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Will take a long trade at 12135 with stop at 12110...
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Exited the market to break even at 12125...suddenly it reverses...
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Putting buy limit at 12095...
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Moving the stop buy to 12130...
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Will short YM at 12125 with stop buy at 12150...
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Futures market are on a positive territory from this overnight session in the Globex.

Let's find out in the regular open if we can find a low risk trade.

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