Often Messenger Pro will place a buy or sell order at a specific price and the market will subsequently trade very close to that entry price (within 1 or 2 ticks). The market then reverses and completes the intended trade / profit target. Traders who did not get filled at the original messaged entry price are on the sidelines watching as the trade completes.
Therefore, Messenger Pro allows traders (at their discretion) to enter a signaled trade at up to 2 ticks above the messaged buy price, or to 2 ticks below the messaged sell price. Fading the entry allows traders to be more certain to be in the trade.
For example: Assume Messenger Pro suggests a buy at or near $1450.00. The subsequent swing low is $1450.25 (1 tick above the suggested $1450.00 buying territory). At that point the market reverses and begins to move towards the profit target. Any subscriber who faded the entry (entering at either $1450.25 or $1450.50 will then be messaged instructions to complete the trade (initial ½ exit, final ordinary and aggressive exits).
Soybean Messenger also allows for faded entries. Soybean Messenger will fade entries by 1 cent.
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