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.
Ok..Ok..I was a jerk for a few Ticks!!!
Hate it when I do that. Aggravating!!
We just achieved the one full point I was looking for off the resistance level.
We’re now into an area to lock in profits.
You need sustained price action below 131.21 to see much if any downside from here the rest of the day.
A hold and rally from this level could make a new high and fail again @ 133.05.
We’ll leave the Bond orders working through Friday.
For Glossary of terms and abbreviations click here.