09 Feb Trades for Monday, Feb 9th, 2015
Trades for 2/9/2015
9:38 – SHORT 500 TWTR 47.09, STOPPED 47.20, out - .11      =  - $55
10:04 – SHORT 3000 TWTR 47.08avg, COVERED 1500 at 47.07, out + .01, COVERED 700 at 47.05, out + .08, COVERED 800 at 47.13, out - .05           =  + $31
10:33 – SHORT 2000 TWTR 46.94avg, COVERED 1500 at 46.76, out + .18, COVERED 500 at 46.95, out - .01      =  + $265
11:24 – SHORT 700 QCOM 68.17avg, COVERED 700 at 68.10, out + .07 = + $70
11:31 – SHORT 1300 QCOM 68.06avg, COVERED 1000 at 67.90, out + .16, COVERED 200 at 67.92, out + .14, COVERED 100 at 67.82, out + .24 =   + $212
11: 51 – BUY 1000 TWTR 47.05, STOPPED 46.91, out - .14      =  - $140
12:30 – SHORT 3000 TWTR 47.87avg, STOPPED 47.93, out - .06 =  - $180
 Total Daily Profits:           + $203
Total Weekly Profits: + $203
Total Monthly Profits: + $4,599
Summary:
60 minute SPY went into a make or break after the open this morning as they tested overshoots on BOTH the 5 and 15 period moving averages into deadzone with a 60 minute mini pup trying to get the edge.  We hit TWTR SHORT at 47.05 but stopped out on the algo sweeps at 47.20. We scaled back into TWTR SHORT at 47.08avg for a reversion back down to the 5min 5 period ma area to scale 47.07, 47.05 and 47.13, out + .01, + .08 and  - .05. We scaled back into TWTR SHORT at 46.94avg to scalp the leans to the 46.78 fib overshoots to scalp 46.76 and 46.95, out + .18 and - .01. We hit QCOM SHORT at 68.17avg to scalp 68.10, out + .07. We noticed the perfect storm breakdown forming and re-SHORT QCOM 68.06avg to scalp the leans to 60 min 5pd ma to scale out 67.90, 67.92 and 67.82, out + .16, + .14 and + .24. We took TWTR LONG at 47.05 avg but stopped out at 46.91, out - .14. We reversed TWTR SHORT at 47.87avg but bidders held that 46.78 fib so firmly triggering our stop out at 47.93, out - .06. Very dry trading climate as market awaits the 60 minute make or break to resolve as followthrough could trigger a daily mini pup if bulls can get market thru Friday’s highs and the daily 5 period ma at 205.15. Called it quits by deadzone as the climate just too dry. Grinded out + $205 profits this morning.