February 13, 2014 - MDT Pro Tips A.M.

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.

Current Positions
????????????????????????????????? ? ??????????? ? ? ? ? ? ? ? ? ?? Entry???????????????? Stop?????????????? TGT

Orders are "stop on close" unless stated otherwise
.......................................................................................

Today's Working Orders

No working Orders

.......................................................................................
Stocks...

Spu's...1807 is the 50 day mvg avg. it will be pivotal all day. (firm above/weak below)

Bonds...

30 yr. Bonds...132.28-30 is resistance .

FX...

EUR/AUD...153 +- a few is resistance.

AUD/USD...89.10-88.75 is support.

USD/JPY...101.50-70 is Dollar support..Yen resistance (98.30-50 futures)

Commodities...

Oil... 99.55 is support and the downside closing pivot.

General Comments or Valuable Insight

Emerging market currencies are all on the defensive this a.m. which is negative U.S. equities.

Spu/Bonds hit the 2/3rds resistance coming back up on the year late yesterday. (a cautionary level for upside follow through).

Nasd 100 has a potential double top @ 3630 + a few depending upon which chart you look at (Pit only or all session) another big red flag.

GS,AAPL and a myriad of other bell weather equities had all come into resistance zones.

Full Moon Trading...here we come.

After the mid week high yesterday it's all about how and where the breaks hold over the next couple of days to avoid another swan dive.

The 30 yr. Bonds are key. 133.00 is pivotal for the spread.

The day should be a time frame opening range trade.

If you have a specific market bias you have your risk parameters.

I.E. Equity Bulls would be best served by selling the Bonds with a few ticks stop.

I'm going to let the board gestate for a bit.

Short Term View...

Keep trading to make money. The opportunity will be in individual names.

Individual stocks look to be an easier read based off their own technical s.

We are neutral Equities at these levels.

For Glossary of terms and abbreviations click here.

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.