Friday's market action was a smooth upward trend.
A typical buy in the open and sell in the close is the appropriate trade.
Not much noise last Friday's market.
'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**
Saturday, June 16, 2012
Friday, June 15, 2012
Thursday's Market Close
Not a good trade conclusion from Thursday's market.
Just look at the chart and just draw your own conclusion.
I guess that how the market goes, lots of volatility.
Just look at the chart and just draw your own conclusion.
I guess that how the market goes, lots of volatility.
Thursday, June 14, 2012
Thursday's Trade Entry
The market open below from the previous close and made a consolidation below the pivot for a long safe entry.
Let's see if we can exit before the close on a positive end.
Let's see if we can exit before the close on a positive end.
Tuesday, June 12, 2012
Tuesday's Market Trade
The market open high only to lose its momentum after an hour or so.
The best entry is when it starts to consolidate above the previous close as pointed in the lower arrow.
The exit is before the close.
The best entry is when it starts to consolidate above the previous close as pointed in the lower arrow.
The exit is before the close.
Sunday, June 10, 2012
Friday's Market Conclusion
Shown is the 5-min. chart from QQQ (NQ Futures) that was concluded last Friday's market.
It was the typical buy in the open and sell in the close.
It was the typical buy in the open and sell in the close.

Friday, June 8, 2012
Friday's Market Action
Today's market made a bounced from yesterday's deep hole.
Buying at the open is the most probable entry.
Buying at the open is the most probable entry.

Wednesday, June 6, 2012
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