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.
ETF Traders & Portfolio managers..
HEDJ...Long European Equities with a short Euro hedge.
The Risk is a close back under the 200DMA @ 56.40
DXJ...Long Nikkei with a short Yen hedge.
The risk is a close under 49.50.
They are Long Equity/Long Dollar ETF's
Both of these ETF's present a way to participate in the upside of Europe which is 7% off it's high and Japan which is attempting another Bull run.
EWP & DAX have both reached resistance and their upside closing pivots.
The expectation is that tomorrow will see more stimulative talk from Kuroda and Draghi.
Wisdom Tree European Hedged Equity Fund
Wisdom Tree Japan Hedged Equity Fund?
SPAIN
DAX Futures
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.