Shared by
Cklamb
MCD- The morning plan simply said find the right price to go long after price discovery. About 30 minutes into the day. A pretty clear trend on the opening action had formed. About 10 minutes later, price action broke to the upside of the trend line that I had sketched out of the opening price action. It was the next candle that gave me close/opening candle above the MA. The move was quick and there was a better profit available and probably should have sold as the probability to retest VWAP was high at that time of the day.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-04-30 10:10:18 | MCD | buy | $197.140 | long |
| 2019-04-30 10:21:24 | MCD | sell | $197.770 | 0 |
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