'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, January 4, 2012

Moving the stop to 12265...
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Bought YM in the Globex at 12295 with stop at 12258...
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The market gap up in the first trading of the year and stay that way till the close.

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Tuesday, January 3, 2012

Exited at 12405 for a gain of 21 points...
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Putting sell limit to 12419...
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Stop move to 12390...
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The market gap up...will buy YM at 12384 with stop at 12350...
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