January 29, 2014 - MDT - Levels

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.

DAX...a close today under 9354 would leave way to another bout of selling.

EUR/JPY...140.13 is today's ORL #. Monthly sell stops are @ 138.40.

GBP/JPY...169.81 is the 50 day mvg avg. A close below this level would put in an ORL day.

The Yen crosses putting in ORL patterns would be reflective of a Risk Off board.

Orders....Bottom Fishers

For the Risk off crowd...These are the levels to look for a bounce.

Spu's...(ESH4) BUY @?1732

Nasd 100...(ENQH)?BUY?@??3441

USD/JPY...Sell Yen @ 99.75 (H) Futures...100.20 USD/JPY

The world is reacting to the Turkish Lira. ( Emerging market financial unrest)

The Dollar low in the Lira has matched up with the 1800 Spu high.

If the Lira starts to climb back over 23000 a run into U.S. Treasuries is a distinct possibility.

We're witnessing an event trade run by the Emerging markets.

30 yr. Bond Futures could go as high as 134.28 (the 200 day mvg avg)

The above levels should bounce the first time in. I can't write a stop until I se the fill.

You shouldn't risk more than a few pints in the Equity Indices. Pros only!!!!!!!!

Bonds & Yen could easily over run the levels.

If you're not a full time professional...Do Not attempt these contra trend?trades!!!!!!!!

This is not for the retail?investor !!!!!!!!!!!!

Keep your money and stay out of the way!

Gold....1305-17 is resistance...It could get to as high as 1360 on a complete panic.

For Glossary of terms and abbreviations click here.

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