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.
Any one that left a working order for our trade of the day yesterday was filled last night.
Use a break even stop.
Take 1/2 off when the AUD/USD ( straight Aussie cash) trades 94.00
Trade idea of the day…
Buy AUD/JPY @ 92.15 the first time down with a 25 point stop.
For Glossary of terms and abbreviations click here.