Shared by
Cklamb
MCD
Intraday Fundamentals
• This had a down grade on some concerns on international revenue for eht upcoming quarter and sold off
• Bounce play
Reading the tape
I did not spend time on the tape as I jumped on an extension that look like it would extend and allow me to get tight risk and a quick partial
Trade management
Trade Review
• Solid momentum scalp
• Second trade set up to be free and I did not execute that partial properly( this is why I continue to practice entry execution to make sure that I can put risk on and get me into a free position as quick as possible
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-10-07 11:24:48 | MCD | buy | $212.573 | long |
| 2019-10-07 11:25:10 | MCD | sell | $212.622 | long |
| 2019-10-07 11:26:58 | MCD | sell | $212.675 | 0 |
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