MCD 1H Swing / Investment Conservative Trend Trade
Conservative Trend Trade
+ long impulse
+ expanding T2
+ volumed 2Sp-
+ weak test
+ first bullish bar closed entry
Calculated affordable stop limit
Take profit:
1/3 1 to 2 R/R
1/3 daily T1 level
1/3 monthly 1/2
Daily trend
"+ long impulse
+ expanding T2
+ volumed 2Sp-
+ weak test
+ first bullish bar closed entry"
Monthly trens
"+ long impulse
+ volumed T2 level
+ support level
+ 1/2 correction
+ biggest volume Sp
+ weak test"
MCD NYSE
Sell Limit 261.99, GTC
Sell Stop 250.94 LMT 253.18, GTC
Sell Limit 257.63, GTC
OCO 2A: Sell Shares of MCD Limit at $271.49 (Good 'til Canceled)
OCO 2B: Sell Shares of MCD Stop at $250.94 Limit at $251.94 (Good 'til Canceled)
+ long impulse
+ expanding T2
+ volumed 2Sp-
+ weak test
+ first bullish bar closed entry
Calculated affordable stop limit
Take profit:
1/3 1 to 2 R/R
1/3 daily T1 level
1/3 monthly 1/2
Daily trend
"+ long impulse
+ expanding T2
+ volumed 2Sp-
+ weak test
+ first bullish bar closed entry"
Monthly trens
"+ long impulse
+ volumed T2 level
+ support level
+ 1/2 correction
+ biggest volume Sp
+ weak test"
MCD NYSE
Sell Limit 261.99, GTC
Sell Stop 250.94 LMT 253.18, GTC
Sell Limit 257.63, GTC
OCO 2A: Sell Shares of MCD Limit at $271.49 (Good 'til Canceled)
OCO 2B: Sell Shares of MCD Stop at $250.94 Limit at $251.94 (Good 'til Canceled)
Trade active
Price hit my stop limit on Friday, but showed and beautiful Sp on 1H that needs a test and completed test on daily.1/3 of my position hit stop limit unfortunately and closed limit at $251.94. I would've kept it to 1/2 of Monthly therwise.
I rearranged the orders for the rest 2/3 as follows
MCD NYSE
Sell Stop 245.80 LMT 253.18, GTC
Sell Limit 264.68, GTC
Sell Stop 250.59 LMT 253.18, GTC
Sell Limit 254.82, GTC
Trade closed: target reached
50% closed break even at $253.1850% closed manually in profit at $260.99
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.