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.
The worm is turning. This is a topping pattern for the Dollar.
Gold is getting to important resistance as the Dollar is trying to turn.
Tighten up your risk.
This needs to be monitored for late day follow through.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.