August 21, 2014 - MDT - Midday Missive

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.

ETF Traders & Portfolio managers..

HEDJ...Long European Equities with a short Euro hedge.

The Risk is a close back under the 200DMA @ 56.40

DXJ...Long Nikkei with a short Yen hedge.

The risk is a close under 49.50.

They are Long Equity/Long Dollar ETF's

Both of these ETF's present a way to participate in the upside of Europe which is 7% off it's high and Japan which is attempting another Bull run.

EWP & DAX have both reached resistance and their upside closing pivots.

The expectation is that tomorrow will see more stimulative talk from Kuroda and Draghi.

Wisdom Tree European Hedged Equity Fund

Wisdom Tree Japan Hedged Equity Fund?

SPAIN

DAX Futures

For Medium Term Outlook click here.

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.