How-To Guide: 10 Rules for Technical Futures Trading
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.
This blog post is highlighting the MDA Snap Shot entry, risk and exit that took place in the E-mini S&P today 12/18/15. Subscribers of the Market Dimension Advisory received these MDA Snap Shots via email in real-time when the trade was developing on my screens. Below you will see a recap of the technical Snap Shot Entry and Exit.
This update is covering the MDA Snap Shot trade that took place in the E-mini S&P today 12/17/15. These trade notifications were sent out via email to my subscribers of the newsletter. If you would like to follow along with this service please sign up for FREE.
The MDA Snap Shot was able to participate in a bullish move in the E-Mini S&P. We had signals to buy the ES on 12/14/15 @ 2006.50 and then on 12/15/16 @ 2041.50. Today, we exited these positions just after the Fed announcement @ 2055.00. Below you will see the life and thought process going into these trades for your reference and the complete trade recaps. You can also review these updates within the MDA archives.
I wanted to provide a quick update on the ES position from the MDA Snap Shot from yesterday 12/14/15. Below you will see an updated chart showing the entry and real-time market snap shot. For those who are still in this trade it is decision-making time.
Today I released two Snap Shot ideas. The First idea was in the E-Mini S&P and the second idea was in the Euro market. With-in the Snap Shot you will see the entry setup and risk zones associated with the trades. These 2 positions were able to capture small gains in each market totaling a profit +$650 before fees.
5 levels of support that should have your attention as we head into the 2nd half of the week!
I like the idea of selling this market here, near 5.25 or better. We have been range bound on the chart over the past few months.
You are invited to join Brian Cullen, Senior Futures and Options Broker and author of The Cullen Outlook and Pre-Dawn Updates, as he breaks down his approach to reading charts and trading technically.