While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
The market initially shrugged off the data by holding 1760 level?Spu.
Nikkei... 14,670?high was just over the 200 day mvg avg. Nikkei needs above this level for higher.
The rest of the day will be run by the NYSE opening range trade.
CAD/JPY...91.85 should be monitored for market tone.
Below the board is Risk Off...By holding the Equity Indices caan hold the breaks
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