February 28, 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

Short CLEJ?????????????????????????????????????????????????? 102.85?????????????? 103.15
Long?? TLT?????????????????????????????????????????????????? 107.81?????????????? 107.15???????????? 109

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

Today's Working Orders

OIL...BUY 2 Contracts @ 99.98 GTC
Sell 1/2 your long TLT @ 108.97 GTC

.......................................................................................

Stocks...?

Don't get caught selling weakness into Month end.

Bonds...

30 yr. Bonds...135.25-136.08 is the big over hanging weekly resistance.

Sustained price action above 135.15 next week is needed to change the look of the long term charts.

Next Friday is when the Bonds will have a bigger move.

FX...

EUR/AUD...154.00 remains the upper extreme.

All new closing price action and direction Sunday night into Monday is needed to go with the direction.

Short answer; Month end...don't chase the Euro strength.

Commodities...

OIL...under 101.75 look for 101.20.

We're exiting this trade @ 99.98, just above the 200 day mvg avg.

Getting stopped out of the Oil short @ 103.15 will have me looking to re-sell @ 104.70-105.

General Comments or Valuable Insight

The levels haven't changed in anything I've written about.

The only thing that matters is today's closes.

Spu/Bonds are right back at the 50 day mvg avg. ( Nowhere!)

Look for Equities to be bid late day.

Both Oil & Gold are putting in flag formations. This simply means they aren't going to stay in this range much longer.

Ukraine tensions seem to have these caught in the middle. I think new direction will get resolved by Monday.
Opening Range Time Frame Trading again today.

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 positive Equities.

January, 2014 MediumTerm Outlook-1st-qtr-2014/

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.