Buy Signal: 215.05Stop: 205.00
Model range play back toward highs.
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model: Our model focuses on the transitions between 3 geometric states- Range, Continuation, and Reversal
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
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MCD
*Yawn* Will it consolidate until Feb 2021? - Cycle AnalysisI love MCD. I even love their fries some times.
MCD has done great during the pandemic. But this stock is tired.
NYSE:MCD has seen a decline, while analyst have set a reduced price target of $225.
This is achievable for MCD. But when?
Based on cycle analysis, it would seem MCD's real momentum will only come through by Feb, hitting the price target or higher by March 2021.
The hope, of course, is MCD finds momentum from the shorter cycle (pink surprise arrow tracking this) and jumps back into the yellow channel. This may happen as a build up to earnings. But, most likely, I expect MCD to trade in the white arrows at this stage.
Yellow Channel - This is the stock's trend channel dating back all the way to 2015. MCD should (and will soon) jump back into this channel for long-term growth.
Good luck!
Getting ready for a key scenario on MCD / Long and Short Today, we will show a clear Daily Scenario and how we will trade the Long and Short Scenarios.
Daily Context:
a) The price is below a resistance zone. That level's critical because we saw 2 sell-off from there on September 2019 and March 2020
b)Also, we can see a Yellow trendline (Dynamic Support / Resistance zone) that is another key level.
c) The logic is: The price above the Resistance zone = Possible Bullish Scenario / The price below the Yellow trendline = Possible Bearish Scenario
Trading the Long Scenario:
-We can see a bullish Corrective Structure. Our entry will be above all the previous resistance zones. We will use Fibo Extensions to define the Targets—First Fibo extension for break-even, second Fibo Extension for Taking Profit.
-The Risk-Reward Ratio is above 1.5 / We expect a resolution of 1 month if the price executes our entry
-We will take a 1% risk of our capital on this setup
Trading the Short Scenario:
-We can see a clear bearish consolidation that has been there for 1 month
Our Entry level is below the structure (without considering the big shadows of the candlesticks). Our Break-Even is on the first Fibo Extension, and the Target is on the Daily Resistance zone
-The risk Rewards Ratio is above 1.5 / We expect a resolution of 15 days as maximum if the price executes our Entry
-We will take a 1% risk of our capital on this setup
Thanks for Reading!
McDonald's (MCD) : BUY at $205 - Elliot WaveMcDonald's (MCD) seems like be forming its 5th wave, with SP500 looks like going to correct a bit to $3400 ish, I do expect a little dip of MCD to $203 - $207 level at 0.382 retracement level from its 3rd wave. When MCD dropped to $205 ish, it could be a good buying opportunity. However, keep an eye on SP500 and other major market news, US election has not officially "finished" yet since the Trump administration might take some actions later this year. Overall, with the short-term positive market momentum and MCD's good trend with beating the earnings, it could be going up after a small correction to $250 ish.
Short on open: 220.24 or higher
Real-Time Algorithmic Trading Signals. All trades are based on a Geometric HMM.
The Ingenuity Trading Model is a Geometric Hidden Markov Model with specific inputs related to Price, Time, Volume, and Volatility.
Our Algorithmic Trading Model offers real-time buy or sell signals with specific entry and exit prices. This affords you the freedom to successfully trade across all markets and market regimes. We are not interested in biased economic research or opinions on the latest Wall Street narratives. We do not trade based on conventional financial analysis. Our signals prove the power of taking a more scientific approach to trading the market.
MCD 1D BEAR FLAG SHORT TRADEBear Flags are Ranges that are repeatable trading chart patterns.
Bear Flag chart patterns will have a directional bias depending on the previous incoming trend (short trade).
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
Whatever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of average volume for a full position size.
b - If 75% of average volume then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
2 - Enter two trades.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
MC-DONALDS KEY LEVEL| BREAKOUT| TRADING PLAN|
X MCD is trading in an upward channel
X Smaller channel is guiding the price now
X Faces key level resistance
X Wait for breakout>
X IF breakout higher>> long till red resistance
X IF breakout of the small upward channel downwards>> short till green support
X General trend still bullish till the big channel gets broken
LIKE + SUBSCRIBE= LUCK IN YOUR TRADES!
MCD good setup and good chanceHey everyone,
MCD tested the triangle after it's breakthrough and will now go to the 161 retracement as the swing before in my oppinion. This time there is nothing more to say but good luck and much fun!
Entrance: as soon as the opening confirmes the upper side of the triangle
Stop: 201,50$
Goal: 217,40$
Much fun with that trade!
Leave a follow please, my goal is 200 :)