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.
30 yr. Bonds...after taking 3 months they came within 3 ticks of our original downside tgt of 129.08 and the qtrly uptrend channel line going back for the life of the Bond contract.
They're attempting an ORH day which would signal a short term respite to the sell off.
It's a long day with declining volumes. We'll see what unfolds.
TBT...78.50 is the ORL #.
Sell TBT @ 76.80 stop intra day GTC?"GOOD UNTIL CANCELED"
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