Below are the updates relating to the E-Mini S&P trade from today’s 12/22/15 MDA Snap Shot. These updates went out via email to subscribers of the Market Dimension Advisory. You will see both the entry and the current update of the position in the blog below. If you are not receiving these emails and would like to follow along with my MDA Snap Shots and Market Action Alerts, please sign up and join the MDA community. At the time of this update, we are currently up +9.00 pts or $450 before fees. With a recent high @ 2034.50. Trading newsletters can only do so much so the intentions of these emails are to educate and notify traders of the tools and ideas I am seeing on a daily basis. From there we can develop a plan to take action on these ideas or begin teaching you how to incorporate them into your own trading.
Trading newsletters can only do so much so the intentions of these emails are to educate and notify traders of the tools and ideas I am seeing on a daily basis. From there we can develop a plan to take action on these ideas or begin teaching you how to incorporate them into your own trading.
MDA Snap Shot Update: Emailed 12/22/15 2:21 pm central
I wanted to provide a quick update for MDA Snap Shot on the ES position. Below you will see an updated chart showing the entry and the current market price. At the time of this email we are currently +9.00 or $450 before fees and looking to make new highs. If you are trading multiple positions I would suggest exiting a handful of them and updating your risk just above your entry. We could see some downward pressure before the close. Also, if you are not wanting to hold positions overnight this would be the time to exit as well. Or trail a very close stop.
MDA Snap Shot Entry: Emailed 12/22/15 8:32 am central
For the E-Mini S&P, we have had a slightly bullish overnight and put in new lows in the last couple sessions. There is a line for us to definitely get short if we start moving back toward 2000.00, but I think we may get a slight bounce today similar to what I was looking for yesterday and try and challenge the 2030’s
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