Trades for Fri, Sept 9, 2016: + $927 Profits

09 Sep Trades for Fri, Sept 9, 2016: + $927 Profits

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9:42 – SHORT 3000 LOCO 14.46avg, COVERED 2800 at 14.30, out + .16, COVERED 200 at 14.22, out + .24            =          + $468

9:58 – SHORT 1400 RH 38.48avg, COVERED 1000 at 38.20, out + .28, COVERED 300 at 38.62, out - .14, COVERED 100 at 38.33, out + .15       =          + $253

10:23 – SHORT 300 RH 38.49avg, COV ERED 200 at 38.20, out + .29, COVERED 100 at 38.09, out + .40   =            + $98

10:39 – BUY 800 SPY 215.90avg, SOLD 216, out + .10           =          + $80

Total Daily P/L:          + $927 Profits

 LOCO09092016FINALLE

Summary

SPY gapped down and continued to grind down this morning to the 215.95 super fib and low of the recent range. We scaled into LOCO SHORT on the gap up as it peaked off the 14.37 fib. We hit RH SHORT on perfect storm reversions as the 60-min stochastic went into a mini inverse pup anchor. We took SPY LONG for a lunch money scalp on the coil off the 215.95 super fib.  Closed out the morning with + $927 Profits.