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.
Euro is running the currency crosses.
Maintaining and closing over 135.20 ( today's ORH #) is
price positive.
Today's low was a retest of the monthly breakout # of 134.52.
By remaining over 135.20 this tgt's 136.00. 137.00 is monthly resistance, a place to expect a good reaction the first time up.
EUR/JPY...looks to be the best of the crosses. Long Euro/ Short Yen.
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