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.
BUY 1 DA6U ( Sept Australian Dollar Future) @ the market.
FX traders just buy the cash AUD/USD.
Do this on an equal weighting to spread up the present Short Euro position.
We will now be Short Euro/Long Aussie on an equal weighted basis.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
