Trades for Thursday, Dec 15, 2016: + $348 Profits

15 Dec Trades for Thursday, Dec 15, 2016: + $348 Profits

Winter one-on-one LIVE mentorships trader training with Jea Yu for 2-5 day mentorships are available and online coaching sessions.  Beginners to seasoned traders are welcome as the training is customized to the individual. Contact  us for dates and details or email JeaYu21@gmail.com directly.  Spots are limited!

Free 4-day trial to our LIVE Trade Alerts chatroom here

=====

9:34 – BUY 1000 YHOO 39.65avg, SOLD 800 at 39.78, out + .13, SOLD 200 at 39.83, out + .18 = + $140
10:06 – SHORT 2800 JPM 86.23avg, COVERED 2500 at 86.16, out + .07, COVERED 300 at 86.12, out + .11 = + $208

Total Daily P/L: + $348 Profits

YHOO12152016labelled

Summary

SPY grinded up through the daily 5pd ma at 226.61 and proceeded to algo sweep up to 227.40s before peaking out. We hit YHOO for a reversion scalp for fib ping pong off the 39.53 to 39.79 fibs. We scaled into JPM SHORTS on the double fib resistances at 86.20 and 86.29 for reversions as SPY pulled back. Closed out the morning with + $348 Profits.