Trades for Fri, Sept 18th, 2015: + $1,300 profits

18 Sep Trades for Fri, Sept 18th, 2015: + $1,300 profits

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Trades for 9/18/2015

9:34 – BUY 400 UVXY 50.50, STOPPED 48.95, out – 1.55      =          - $620

9:37 – SHORT 2500 ADBE 84.14avg, COVERED 2000 at 83.55, out + .69, COVERED 300 at 83.61, out .53, COVERED 200 at 83.86, out + .28       =          + $1,595

9:47 – SHORT 500 ADBE 83.60, COVERED 400 at 83.21, out + .39, COVERED 100 at 83.13, out + .47        =            + $203

10:12 – SHORT 1500 TCON 16.14avg, COVERED 1000 at 16.25, out - .11, COVERED 500 at 16.20, out - .06            =          - $140

10:15 – BUY 400 UVXY 48.30, SOLD 48.63, out + .23             =          + $86

10:27 – BUY 800 UVXY 47.53avg, SOLD 47.75, out + .22       =          + $176

Total Daily P/L:          + $1,300

Total Weekly P/L:        + $21,733

Total Monthly P/L:      + $23,104

Total Yearly Profit:      + $116,541

ADBE091820152ndreentry

Summary:

SPY coiled off the gap down this morning off the daily MSL trigger area (195.50) as the bulls defended it hard and managed to ramp up through 197.06 fib.  We scaled into ADBE SHORT 84.14avg on the opening spikes to stinky 5s range for the eventual reversion back down thru 83.88 super fib as we scaled out 83.55, 83.61 and 83.86, out + .69, + .53 and + .28 on heavy size.  We got chopped out of UVXY LONG at 50.50 on that SPY spike but was able to tag some LONGS off the 48.40 fib and 47.50s stinky 2.50s area.  TCON was tricky as it coiled off the 15.90 fib to grind up to the 16.68 super fib area where we added shorts to average 16.14 and used the reversion pull back to back out at 16.25 and 16.20 as it eventually re-tested 15.90 fib again.  Spreads were too wide and newbies crowded.  Closed out the morning with + $1,300 profits and weekly with a record + $23,104 profits.