'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**
Tuesday, December 10, 2013
Tip Alert: No Idea
I guess I'm passing off for now, with the 1-hr chart below, no idea what the Gold market will do from here, except that it might pause and do some zigzagging. Just make your own conclusion and trade at your own way/risk, but the way I look at, it might go the same way from where it burst from the previous (the first area), I don't know but that's my observation.
Tip Alert: Missed Opportunity
Not able to monitor the market early and was late to place/make a trade. Better luck next time. It could have been a nice profit...
Monday, December 9, 2013
Friday, November 29, 2013
Wednesday, November 27, 2013
Trading Market Update
While participating in the market the past two weeks and not having good result, this humble participant observed the whole market especially the indices continues their ascendancy. While the crude and the gold are in the downward trend but moves in a zigzag mode. There are opportunities from all the market concerned except that you just have to 'timed' your participation. We need some kind of regrouping on our part and examine the strategies, find the right one based from current environment. As market participant, one needs to be adaptable in order to have a good result.
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