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.
The highs in both the Nasdaq 100 & Spu's (4265 & 2065) need to see price action above after NYSE opens to avoid a sell off to unchanged or lower.
Time Frame Trading.
FX...?from 2/5/15?
EURO...114.85 is resistance. 113.00 is support.
?Today shows point & figure support coming in @ 113.50?
Yen...I still need a close under 84.10 in the futures for lower (Above 119.00 USD/JPY) which is the 50 DMA is cash.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
