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.
Those of you that want to add risk to their portfolio look no further.
DIG...is attempting an ORH day with a close over 65.28. 63.80 is the Stop on this trade looking for a new high followed by an exit @ 69.40.
BUY DIG @ 65.28 Stop On Close
XLE...today's low was a perfect 1/3 retrace for the last swing. 85.20 is the stop for any attempted Long.
IEO...83.14 is the ORH #.
BUY IEO @ 83.15 Stop On Close
Crude is short-term oversold, which should help bouy prices for these ETF's.
For Glossary of terms and abbreviations click here.
