MRKCHAMPION

MRKCHAMPION

Long

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buy

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short

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Short

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Short position going with trend

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ENTRY: STOP: TP:

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Entry: 15 min Stop: 4hour last high TP: lower support

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Entry: A little below resistance Stop: Above resistance TP: A little above support

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Entry: support Stop: below lowest candle wick of strongest rejection take profit: resistance

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entry: used structure stop: just below previous rejection low take profit: above last high

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This would work well if price dipped very fast Stop right below places of earlier reversals entry int he middle of places of earlier reversals take profit above structure.

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Small short Found entry using the 5 min enrty is below fib level. stop is above previous rejection. take profit is at area of previous consolidation.

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Long using a buy stop. Long from below a fib. stoploss below previous point of rejection. take profit at previous structure.

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Using limit order to sell Selling at previous resistance point. will take profit at previous structure.

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smaller trade is on the 15 min chart larger trade is on the 4hr chart both buy and sell stop entry's are determined using fibs. take profits are determined by support and resistance levels.

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Buying around the .618 fib of a previous retracement that is in an area that say a large reversal on the 15min will trail stop if in position and sell half at half way point.

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I used Fibonacci and structure to deiced where to put entry, I used candle wicks for stoploss

MRKCHAMPION

Two positions to go long based on 15min price action and structures Trade managment: 5pip trailing stop, liquidate half of position at half way point to profit target.