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.
I had resting orders to sell the Euro and Yen on a rally.
I neglected to leave a resting sell order in the Suisse.
Had I done that we’d already have a small lead on the trade.
It just had a big rally to test the weekly ORL # in the futures to the tick.
I’m leading off with a 1/2 position on the weekly chart pattern with an app 40 tick stop.
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