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 40 FXY 3/20/15 80 Puts @ .40 cents...This is Mid market.
Futures traders...sell any wiggle back up to 82.66
SELL 4 JYAH @ 82.63?
This is a trade with "Risk On Bias".
Nikkei did not sell off with the U.S Indices Friday.
ETF guys that wish to own the Japanese Equities with a currency hedge should be long the DXJ.
I'll look at the DXJ?later in the day for another trade pending late day price action in the U.S. Indices.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.