Trades for Friday, 2/6/2015

06 Feb Trades for Friday, 2/6/2015

Trades for 2/6/2015

9:35 – SHORT 1000 TWTR 46.35avg, STOPPED at 46.49, out - .14       =   - $140

9:37 – BUY 1000 TWTR 46.56, SOLD 800 at 46.92, out + .36, SOLD 200 at 46.68, out + .12 = + $ 312

9:43 – SHORT 1000 P 15.26, COVERED 15.14, out + .12       =   +$120

9:54 – BUY 3500 TWTR 47.03avg, SOLD 2500 at 47.13, out + .10, SOLD 300 at 47.22, out + .19, SOLD 700 at 47.36, out + .33       =   + $528

10:03 – SHORT 500 P 14.97, COVERED 14.84, out + .13 = +$65

10:28 – BUY 800 EXPE 77.45avg, SOLD 77.66, out + .21, SOLD 100 at 77.85, out + .40, STOPPED 100 at 77.29, out - .16          =   +$150

10:29 – SHORT 2500 TWTR 47.76avg, COVERED 1500 at 47.52, out + .26, COVERED 300 at 47.45, out + .31, COVERED 500 at 47.60, out + .16             =   + $563

Summary:

SPY grinded this morning on jobs report after the initial gap fill to 116.20s. We hit tested TWTR SHORT at 46.36avg on the 5 minute mini inverse pup trigger with 1 min cross down. Normally, this is a VERY strong short signal but the bidders faded that 46.30 firmly so we stopped out at 46.49, out - .14 quickly. We took the info gained on the short and went LONG TWTR 46.49 as it squeezed up through the 46.78 fib to scale out 46.92 and 46.68, out + .36 and + .12. We hit P SHORT at 15.26 for a quickie scalp as SPY was still in reversion tests down to scalp out 15.14, out + .12. We scaled into TWTR LONG at 47.03 heavy as the 46.98 fib coil resistance area (46.78+.20) was being taken out for a perfect storm squeeze to scale out 47.13, 47.22 and 47.36, out + .10, + .19 and + .33. We hit P SHORT again at 14.97 for a lean towards the fib to scalp out at 14.84, out + .13. We scaled into EXPE in very small shares lots of 200 and 100 as it grinded down through the 77.74 gap area and stinky 2.50s. We scaled longs all the way down to 76.90s for avg LONG EXPE at 77.45avg awaiting the 5/1 min coils back up towards that 77.74 gap fill area where we scalped out 77.66, 77.85 and 77.29, out + .21, + .40 and 0 .16. We saw TWTR form a 5 minute MSH trigger at 46.64 and fib at 46.63. We scaled into TWTR SHORT at 47.76avg in anticipation of the scalp leans to stinky 2.50s area. TWTR tanked on heavy volume on the .62 break to scalp out the stinky 2.50s area at 77.52, 77.45 and 77.60 cleanly on triple size for + .26, + .21 and + .16. Closed out the morning with + $1,598 profits.

Total Daily Profits:            + $1,598

Total Weekly Profits:            + $4,396

Total Monthly Profits:        + $4,396