September 15, 2014 - MDT - Monday Afternoon

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.

Grains

Soybeans are attempting an ORH day with a close over 9.902.

A close over $10 could signal a good short covering rally.

JJG...needs a close over 35.45 for a similar pattern.

OIL...93.13 is short term trend resistance and the upside pivot. 94.50 is Longer term trend resistance

CAD/JPY...the currencies are parked for now.

Long Canada/Short Yen is setting up to be the lowest risk way to continue being short Yen.

This is a Risk On Trade..

We'll Monitor FX for straight dollar trades late today into early Asia.

Many instruments like the Russell & Midcap have all come down into weekly support zones.

Time Frame Trading the rest of the day.

SOYBEANS

JJG

CANADA/YEN

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