Tuesday, September 3, 2013

Trade Idea: MCP

This is another I have already in calls and Equity long, I'd go for with either right now if I had room to add here, I like it as an add to or a new position here.

This is a quick look since I have updated this so many times.

 The long term 60 min is in place, this is one of those positions I think can stand on its own, doesn't need to draft the market.

This is probably a counter trend bounce before MCP pulls back, but I'd say it's along the lines of a swing trade.

Intraday it's coming together great, 1 min

2 min

3 min,

I'd have no problem taking it here.

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