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.
Both the Norway Krone (USD/NOK) and the Swedish Krona (USD/SEK) are overbought and in profit taking mode mirroring the Oil.
It's just another day with the same dance partner.
Another Early day sell off in equities led by Europe with no follow through.?For a break to be real it has to occur in the last 30-40 minutes of New York trading
Spu's...the levels in the Spu's and VIX are the same as yesterday.
Gold...a Pit session close below 1327 will send this into profit taking mode.
A 1318 trade should have any Gold Bulls among you waiting for Unemployment Friday to do another trade.
AAPL...434.80 is the hold level for the rest of the week.
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