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, January 23, 2012
Sell limit got hit for a gain of 27 points...
Putting sell limit at 12625...
Looking to exit at 12626 range...
Reversing the trade to short at 12652 with buy stop at 12665...
Bought YM at 12660 with stop at 12640...
The market YM is climbing up as shown from this Globex chart overnight session.
A steady less volatile trading might be the way.
Let's see in the regular open if it will continue.
Sunday, January 22, 2012
The market opens with a little drop from the Globex market.
Seems a steady market come tomorrows' regular trading.
Unless there is a unfavorable news that will affect the market, the trend will continue.
Newer Posts
Older Posts
Home
Subscribe to:
Comments (Atom)