Trade Alerts for Wednesday, Nov. 1, 2017: + $467 Profits

01 Nov Trade Alerts for Wednesday, Nov. 1, 2017: + $467 Profits

Trade Alerts:

9:39 – BUY 1000 X 29.25avg, SOLD 800 at 29.67, out + .42, SOLD 100 at 29.87, out + .62, SOLD 100 at 29.94, out + .69          =          + $467

Total   P/L:      + $467 Profits

X11012017-SeedwaveFibchartDETAIL X11012017-seedWAVEtgt2-labelled

Summary

SPY gapped this morning. We hit X LONG at 29.25avg spotting the 5-min potential seed wave, so scaled in at 29.15 and 29.40. Incidentally, X also formed a perfect storm breakout as we scaled out on seed wave 1.27 and near 1.414 fib PRZs at 28.67, 28.87 and 28.94, out + .42, + .62 and + .69. Closed out the morning with + $467 Profits

 ====

* The Trade Alerts are timestamped signals alerts to members in the live chatroom. Results are hypothetical and fills may differ between different traders. Alerts are not solicitations to buy or sell securities, but meant to illustrate the trading methodology for educational purposes. Moderators and members may or may not take the trades based on their own individual goals and risk parameters.