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.
79.83 is the next daily level in this cross.
it's attempting a momentum break out on the weekly charts.
Let it breathe up here.
Euro just ran all the short term shorts out again.
The resting buy stops start over today's ORH # of 124.93 cash.
The weekly # is still 125.10.
I'm putting out these Euro areas because continued EUR/GBP strength could elect these buy stops.?
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
