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.
Spu's...the weekly sell stops are @ 1984.25.
Nasd 100...the weekly sell stops are @ 4084.25.
CAD/JPY...is @ it's 200 DMA @ 96.95. 96.20 is the lower long term extreme.
Trade the opening range today in the Equity Indices.
EURO...118.60 is today's ORH # with resting buy stops above. 119.18 is today's resistance and upside closing momentum level.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.