Shared by
Cklamb
MRK
Intraday Fundamentals
• Good earnings PFE moving as well
• Not a lot of prep on this one
Technicals
Daily
Hourly
Intraday
Trading Strategy
Reading the tape
All day except the opening trade. The tape got me out of too many trades when is trying to catch the long after the morning pullback. The tape was choppy and I could not read how its was bouncing around.
Too many scalps to add the chart
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-10-29 09:32:26 | MRK | buy | $83.051 | long |
| 2019-10-29 09:32:35 | MRK | sell | $83.177 | 0 |
| 2019-10-29 09:45:33 | MRK | buy | $84.092 | long |
| 2019-10-29 09:46:07 | MRK | sell | $83.988 | 0 |
| 2019-10-29 09:46:45 | MRK | buy | $84.065 | long |
| 2019-10-29 09:47:12 | MRK | sell | $84.007 | 0 |
| 2019-10-29 09:49:59 | MRK | buy | $83.775 | long |
| 2019-10-29 09:50:10 | MRK | sell | $83.732 | 0 |
| 2019-10-29 09:50:38 | MRK | buy | $83.902 | long |
| 2019-10-29 09:50:52 | MRK | sell | $83.985 | long |
| 2019-10-29 09:53:04 | MRK | sell | $83.975 | 0 |
| 2019-10-29 09:55:17 | MRK | buy | $84.082 | long |
| 2019-10-29 09:55:27 | MRK | sell | $84.135 | long |
| 2019-10-29 09:58:16 | MRK | sell | $84.318 | 0 |
| 2019-10-29 10:10:44 | MRK | buy | $84.042 | long |
| 2019-10-29 10:10:51 | MRK | sell | $84.020 | 0 |
| 2019-10-29 10:11:34 | MRK | buy | $84.075 | long |
| 2019-10-29 10:11:51 | MRK | sell | $84.034 | 0 |
| 2019-10-29 10:12:10 | MRK | buy | $84.120 | long |
| 2019-10-29 10:13:22 | MRK | sell | $84.033 | 0 |
| 2019-10-29 10:14:43 | MRK | buy | $84.040 | long |
| 2019-10-29 10:15:01 | MRK | sell | $84.123 | long |
| 2019-10-29 10:15:52 | MRK | sell | $83.960 | 0 |
| 2019-10-29 10:20:33 | MRK | buy | $83.795 | long |
| 2019-10-29 10:21:50 | MRK | sell | $83.827 | long |
| 2019-10-29 10:27:50 | MRK | sell | $83.734 | 0 |
| 2019-10-29 10:29:01 | MRK | buy | $83.546 | long |
| 2019-10-29 10:29:05 | MRK | sell | $83.550 | 0 |
| 2019-10-29 10:30:01 | MRK | buy | $83.450 | long |
| 2019-10-29 10:30:37 | MRK | sell | $83.479 | 0 |
| 2019-10-29 10:31:32 | MRK | buy | $83.460 | long |
| 2019-10-29 10:31:43 | MRK | sell | $83.484 | 0 |
| 2019-10-29 10:33:53 | MRK | buy | $83.195 | long |
| 2019-10-29 10:34:16 | MRK | sell | $83.230 | 0 |
| 2019-10-29 10:35:08 | MRK | buy | $83.445 | long |
| 2019-10-29 10:35:20 | MRK | sell | $83.462 | long |
| 2019-10-29 10:35:43 | MRK | sell | $83.448 | 0 |
| 2019-10-29 10:36:01 | MRK | buy | $83.545 | long |
| 2019-10-29 10:36:21 | MRK | sell | $83.501 | 0 |
| 2019-10-29 10:37:33 | MRK | buy | $83.398 | long |
| 2019-10-29 10:38:13 | MRK | sell | $83.501 | 0 |
| 2019-10-29 10:38:59 | MRK | buy | $83.610 | long |
| 2019-10-29 10:39:50 | MRK | sell | $83.588 | 0 |
| 2019-10-29 10:41:02 | MRK | buy | $83.708 | long |
| 2019-10-29 10:41:16 | MRK | sell | $83.745 | long |
| 2019-10-29 10:42:02 | MRK | sell | $83.799 | 0 |
| 2019-10-29 10:45:17 | MRK | buy | $83.870 | long |
| 2019-10-29 10:45:22 | MRK | sell | $83.873 | 0 |
| 2019-10-29 10:45:37 | MRK | buy | $83.900 | long |
| 2019-10-29 10:45:43 | MRK | sell | $83.920 | 0 |
| 2019-10-29 10:46:02 | MRK | buy | $83.960 | long |
| 2019-10-29 10:46:09 | MRK | sell | $83.977 | 0 |
| 2019-10-29 10:47:49 | MRK | buy | $83.983 | long |
| 2019-10-29 10:47:57 | MRK | sell | $83.995 | 0 |
| 2019-10-29 10:48:12 | MRK | buy | $84.026 | long |
| 2019-10-29 10:48:16 | MRK | sell | $83.991 | 0 |
| 2019-10-29 10:48:43 | MRK | buy | $84.085 | long |
| 2019-10-29 10:49:00 | MRK | sell | $84.115 | 0 |
| 2019-10-29 11:27:51 | MRK | buy | $84.904 | long |
| 2019-10-29 11:28:05 | MRK | sell | $84.930 | long |
| 2019-10-29 11:28:43 | MRK | sell | $84.920 | 0 |
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