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.
SELL?4 JYAZ4 @ the market!?
Yen has traded my quarterly pivot of 93.35 Futures.
I'm trying a Yen short here with a very tight stop for a nibbler at a Risk on bias.
There is not a good stop to use in the Equity indices, however there is definable risk in the Yen.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.