Below you will see the updates that went out to MDA Subscribers of the Short Entry in Crude oil that profited in $430 before fees on 2/25/16. If you would like to follow these trades in real-time and have the ability to speak with me about them. Please subscribe to the newsletter and contact me directly. To get these updates sent directly to your inbox, please subscribe for free HERE. To see all MDA updates visit my blog page HERE.
Published 2/25/16 10:09 am central – Crude Short Recap
For those who were looking at the Crude zone setup, the short selling has been rewarded. The zone highlighted selling @ 31.50 area and we just put in some recent lows @ 31.07. That is +43 cents or $430 per contract on this trade.
The market is currently trading @ 31.09 so I would suggest looking to update your stop to break even or look to take off this quick profitable trade. We could get some resistance @ the 31.00 level. The previous Sell zone at these levels was @ 30.90 so if you are looking to for further downside, that will need to be broken.
30 Min SnapShot Chart Crude: (click for larger new window)
Published 2/25/16 8:46 am central – Crude levels sent out
For those who are looking for some short-term levels on crude oil. We have a buy zone and sell zone outlined below. Remember in Crude Oil, each penny or tick is $10 so a $1.00 move is $1000. On this setup, the risk levels for the buy or sell is around 50 cents, so $500. Crude does have a mini contract that is half the size, so if any of these updates seem like to much risk you can always look to follow using a mini contract.
I am going to try and start sending or atleast updating levels for several other markets that will be available on my blog. So I can include all those links in one email as opposed to emailing for every single update. The ES levels will remain as is, as many people trade that over other markets.
30 Min SnapShot Chart Crude:
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