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 have run the Macro buy stops I've been looking to see elected for the past 3 months.
10 Yr. Bonds have also run into resistance. The Ten year has to close over 125.12 for another leg up.
Bunds...will be a better treasury to be long at this level, mainly because you're closer to a stop level.
Gold...a close over 1295 puts in an ORH day.
Individual instruments all need to be traded off their own technical's.
One size does not fit all in this environment!!
Momentum names go from support @ their 200 DMA for a 1-2 day 10% romp into macro resistance. Then the trade dies!
If you're looking for a long term trade...don't!
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.
