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.
SSO...119.58 is support. A close over 121.00 ( resistance and the upside momentum # is needed to confirm the low.
LNG...80.36 was last months close. This is a pivotal area. Good above/ negative below.
AAPL...102.14 is the closing upside pivot and today's ORH #.
AUD/USD...looking for this to trade down to around 85.00.
EURO...yes the Aussie is leading Dollar strength,however since I missed the sale in Aussie earlier this A.M. I've started selling the Euro.
I'm going to take 1/2 of the trade off @ 127.65 basis cash.?
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.
