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 have a target of just over 17,000 in the Nikkei Futures.
I am Bullish. I am looking for the Nikkei to rally into the 10th of January.
I’m giving up using the DXJ as a viable trading instrument since
it has now started to track the Nikkei like the UNG tracks the Natgas.
It doesn’t do a very good job.
All future Japan trades will be done via the Nikkei Future or Options listed on the CME
The quotes for the DXJ calls were incorrect. I’m using the Option House front end. The prices and strikes I’m seeing are incorrect.
If you bought calls in any strike between 50-52 that expires January 14th.
Stay with them.
Send me a note telling me what strikes you’re involved with and I will write for those options.
I apologize for the confusion.
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