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...2 USAZ @?137.03 Stop all sessions.
This is a protective stop and a closing trade. This is not a new position.?
I'm going to place a stop rather than getting in and out.
The Bonds held at 136.20 Support and could easily rally with a Risk Off board later in the day.
If it makes a new high today, it will likely trade close to 138.00, where I'll give it another go.
I'll use a stop just to see if it's just Equity selling out of London or something deeper.
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