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.
Platinum... is at daily, weekly and monthly resistance.
1428 is the 200 day mvg avg.
This is an exit zone or a level for day traders to try a contra trend trade with a couple of dollar stop to se what you get.
USD/JPY...has been range bound and has yet to close back over 103 (under 97.00 Futures)
The NASDAQ will be the feature..it just put in a higher high which will attract short term sellers who will trade against this high.
I'm not biting.
Call spreads in the VIX would be a better idea for the plungers.
Day traders...trade what you see. It will be a late day game.
For Glossary of terms and abbreviations click here.
