February 17, 2015 - 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

LONG ZIOP?????????????????????????? ? ? ?? 7.99??????????? 8.00 Close

LONG DXJ??????????????????????????? ????? 50.38??????????? 49.90 Close

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Today's Working Orders

SELL another 30% piece of the original ZIOP position @?10.90 ?GTC.

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Stocks...

DAX...10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points.

11,000 was the tgt for this swing and is now resistance and the closing upside pivot.

Spu's...2060 is the low risk buy zone.

Nasd 100...I 'm looking to buy 80-100 point breaks if given the chance.

NBIX... unchanged on the week will be pivotal. By maintaining higher on the week this has the potential to trade close to 42, however failing to regain higher footing could lead to a break near 34.50.

Watch the early flow for signs of direction.

DIS...is starting to get overbought. I'd like to buy this between 95-97.

Bonds ...

30 Yr. Bonds...(H) 145.00 is support and the closing downside pivot. This is the qtrly pivot which held for the 7 point 6 week rally into the end of January.

FX...

AUD/USD...sustained price action above 78.10 is needed to turn the P&F higher.

AUD/JPY...92.41 is today's ORH# and the upside closing breakout level. Above, there are resting buy stops above 93.08 leaving way to 93.39.

GBP/USD...153.30 is support. 154.42 is today's ORH #.

EUR/JPY...is attempting an ORH day by closing over 135.57

Commodities...

OIL...

Natgas...2.88-2.95 is a zone to not buy strength into. I know we're living in Frost Bite Falls in the eastern half of the country, but the area can prove to be a bull trap. Let it play out.

Silver...needs a close above 17.40 resistance for a rally.

General Comments or Valuable Insight

Greece headlines continue to offer up smaller and smaller dips for buying opportunity.

The drama is largely being discounted.

Focus on Equities that aren't effected by Geo political events such as healthcare and tech.?

For Medium Term Outlook click here.

For Glossary of terms and abbreviations click here.

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