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.
A close today over 132.18 puts in an ORH day. Closing over 132.24 confirms the breakout.
TLT...105.30 is the ORH # with upside momentum building over 105.40 close.
We've spoken asbout this before, as long as TLT?remains above 104.40 close we'd rather buy Bonds before selling them in the near term.
Can anybody say Yellen Put.
Is the board is setting up for another QE trade?
This chart pattern in the Bonds is good for the high yielding currencies such as the Australian Dollar.
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