5 minute chart
(Double Click Picture for a Larger View)
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Stock:MCD
Entry Bar: Four on 5 minute chart
Time Frame: 15 minute / 5 minute
Entry Green Line: 65.29
Stop Red Line: 65.99
Result: .23 to .35
Setup Grade: B
Notes:Setup on the 1 and 5 minute chart and nice 15 minute opening candle. Scale as you go and get the stop to entry.
Time Frame: 15 minute / 5 minute
Entry Green Line: 65.29
Stop Red Line: 65.99
Result: .23 to .35
Setup Grade: B
Notes:Setup on the 1 and 5 minute chart and nice 15 minute opening candle. Scale as you go and get the stop to entry.
* The setup grade is based on rules outlined in my business plan & not for the end result. Feel free to post any trades you made today that you would like commented on.
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