Below you will find the email that went out to the Market Dimensions Advisory subscribers. I am discussing the 2 positions we entered yesterday and providing an update on risk levels as well as a potential position add for the E-mini S&P. If you would like these updates delivered to your inbox when I write them up. I encourage you to sign up for the Market Dimensions Advisory and join my trading community.
Emailed 12/23/15 – 8:29 am central
Here is a quick update on the 2 positions we were filled on yesterday.
We got long the ES @ 2023.00 (12/22/15 update) and updated risk to our entry position @ 2024.00 at the end of the session yesterday. We were rewarded during the overnight by this market trending higher making a high @ 2045.50 (+22.50 pts or $1125 before fees).
Below I have an updated chart of the position. This morning we have received several levels for potential adds to the position or re-entry. We have also received an updated risk level too. As a trader, you need to decide on your own risk/reward levels based on the size of your account and the leverage that you want. I encourage you to reach out to me to discuss this if you have questions.
We were working a short entry in the March Soybeans @ 8.87 and were filled near the end of the session yesterday (12/22/15 update). During the overnight we have traded around our entry with us going into the morning break last traded @ 8.85’00 (+2 cents or +100 before fees). We received a slight adjustment to our risk level on this trade so I have shown that updated on the chart. That level can be viewed where you want to exit the short positions or a level to get long.
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