January 29, 2014 - MDT - Order Adjustments

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.

For professional traders only!!

Original level

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

100.20 is the 200 day mvg avg in the USD/JPY, which = 99.75 Futures

With a Risk off board we could see an over run to 99.60 ish USD/JPY.

It's hard to know what level the market will honor on a big swoon.

The Robots can over run an area in less than a heart beat.

This is not for retail investors to try!!!!!!

Those wishing to sell the Yen looking for a match with a low in the Spu's should use 100.35 Futures.

Remember, this is the same trade as buying the Equity Indices!!!

The levels written should provide a bounce or at least the opportunity to exit close to your purchase level.

This could get out of hand. I've written the levels for Professional full time traders only. All the trades are the same trade...they are Risk On Contra Trend Trades!!!!

Caveat Emptor

These are reaction trades for the Pros only!!!!!

They will not be part of my portfolio since they are not suited?to the average Investor.

If you are a new or relatively inexperienced investor leave it alone today.

John and I will get you into?plenty of trades this year without this potential volatility.

What to do if you get filled...

Pay for your trades!!!!!!!

75 to 80 points off a high in the Yen...traders should be out of at least half...then use a breakeven stop on the rest.

Spu's...Pay for your stop on an 10-12 point bounce...same Idea...don't loose money!

NASD...Cancel the Buy...this could go to 3400 on an over run

For Glossary of terms and abbreviations click here.

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