Trade 1
Short MCD Form or watch list.
Short MCD pre-market. (before open)
Entry 90.11/Stop 90.25 scalp
We entered the trade literally minutes to open expecting
to cover before market open.
All out MCD +.17 (9.29 am) very fast trade.
We were had no intention of holding MCD beyond that.
It could've run up against us at open. We did not want to risk that.
Afterwards it dropped another .80 cents.
Trade 2
Short GPS From our watch list.
Short GPS 31.21/Stop 31.40
Target 1 31.00 Covered 1/2 +.12
Target 2 31.75 1/4 +.41
Target 3 31.50 more +.71
Lowered stop to .70/.60/.45/.35 covered all +.85
risk/ Return .19/.85 =447%
Trade 3
Entry 54.59/Stop 54.66
Target 1 54.49 1/2 +.10
Target 2 54.29 1/4 +.30
Target 3 54.20 We covered all for 1/4 +.22
Then it dropped to 54.22.
risk/Return .07/.30 =428%
We had three very good trades in the morning .
Today is only Monday. Good time to walk away and take the
afternoon off.
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