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...reached our tgt level of 132.30. This was our preferred sell #
It certainly didn't print the level when I expected it to. I thought it would be yesterday not today.
As of now the 30 yr. Futures (USAH) need price action under 132.13-17 for downside.
We've seen the expected price rejection of the level the first time up.
Spu's...need sustained price action above 1816?for this to materialize.
I try to be disciplined and only trade at my levels so I can mange risk.
It's the same price action we've been seeing for days with Equity Weakness in London .
I'm not going to wait much longer to take my lumps on the TBT calls and move on.
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