Below you will see the published updates from the Market Dimensions Advisory showcasing the positions that were executed following the MDA SnapShot levels that were released from today’s session. This content is from the “Trading Updates/Recaps” that go out to MDA Subscribers. If you would like to follow these trading alerts in real-time, receive them in your inbox and have the ability to speak with me, you will need to subscribe to the newsletter and become a client of our firm. To get these updates sent directly to your inbox, please SUBSCRIBE HERE. To see ALL MDA published updates (trading recaps, daily levels, and educational trading material), visit the MDA BLOG PAGE: HERE.
Published 4/28/16 9:08 am central – Notification of entry and partial profit potential
We are long @ 2082.50 and the market has traded up in our favor. we are starting to get some resistance @ this 2089.50 price level. This is +7pts on the trade or $350 per contract. The bulls are beginning to break through so look to potentially start taking off some partial positions here or update stops to break even on the remaining position.
Long @ 2082.50
Market @ 2089.50 +7pts or $350 before fees
I will send out updated charts shortly showing this position update.
Published 4/28/16 9:46 am central – Update Showing Chart of Trade and JigSaw HeatMap Order Flow
We sold off a few points from the last update and are making another run at those levels again. Below you will see the SnapShot Chart highlighting that first move of the trade. I also included the JigSaw Auction Vista HeatMap to show the order flow of the offers coming in and the big sellers being filled which tipped the cards to me to take some partial profits and consider adjust risk up. I use the AuctionVista as it captures the real-time order flow and volume that is traded on the Depth of Market and creates a historical visual of that data that I can use.
For those who are still holding onto partial positions you can maintain a stop at breakeven or look to trail up as you see fit. Longs are looking to get back at that 2093 mid point from the overnight levels that we were trading before the Bank of Japan news.
Click image for new larger window
30 min SnapShot Chart:
JigSaw Auction Vista HeatMap
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