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’m not adding any risk going into the weekend.
We’ll stand pat with the Aussie.
Futures Traders can play Sunday night.
Spu’s & Nasd Futures… holding and breaking out of the opening range to the upside Sunday can be played with a 2 dollar stop.
Spu/Bonds…are above the 18 & 50 day mvg avg’s again, which is price positive the Equity Indices, however we’ll wait this out into next week to trade.
For Glossary of terms and abbreviations click here.