Friday, February 16, 2007

Commodity Range Trading...

Silver and gold market is undergoing a transition phase to range trading after sessions of bullish trading in the market. I've not made any trades today and will not make any trades soon unless I see a decent retracement up to my expectations. I've placed a trade at 13.8000. This is my first encounter in range trading since I resumed trading with actual money. I'm still learning ways to trade range and I feel that the pips range is too small and risk is high without any proper direction of the market. Anyhow, I'll keep this blog updated.

Happy Trading!!

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