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.
BUY 4 JYAH @ the market!
This is a closing trade.?
It's the end of the week and I've clearly chose the wrong dollar to play, at least in this time period.
The moves in the EURO & Aussie look to be over for the time being.
My concern is that any profit taking in the Equity Indices will cause the yen to remain bid.
If oil starts down after the NY opening today it will further exacerbate being short Yen.
I'll revisit this trade again.
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