15 minute gap and go - MCD

1 minute chart

5 minute chart

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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.

* 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.

E-Mini Fade short

5 minute chart

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Stock: E-Mini ES

Entry Bar:Red inverted hammer
Time Frame: 5 minute
Entry Green Line: 1093.75 SHORT
Stop Red Line: 1095.25
Result: scratch trade to +2.75
Setup Grade: B+
Notes: Nice 9 point extended move into about 3 price levels that I watch. Red hammer formed and took the short at these price levels. While I made a scratch trade this a great example of holding your stop and scaling out. Was looking at getting 5 points and out.

* 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.

Wedge Buster - BIDU

5 minute chart

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Stock:BIDU

Entry Bar: 4
Time Frame:
Entry Green Line:423.01
Stop Red Line: 421.68
Result: 3.61 to 5.50
Setup Grade: B
Notes: Didnt have the best daily chart but poped up my scanner when it crossed the previous days high during the first 5 minutes. Less shares and a larger stop. Scale out and hold some all day. Nice risk reward, market was strong as well to give it a push.

* 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.