Trades for Thursday, Oct. 26, 2017: + $336 Profits

26 Oct Trades for Thursday, Oct. 26, 2017: + $336 Profits

Trade Alerts:

9:30 – SHORT 500 TWTR 19.15, COVERED 18.92, out + .22  =          + $110

9:44 – SHORT 2000 TWTR 19.53avg, COVERED 1800 at 19.42, out + .11, COVERED 100 at 19.34, out + .19, COVERED 100 at 19.20, out + .33       =          $250

9:39 – SHORT 400 STM 22.64, STOPPED 22.70, out - .06      =          - $24

Total   P/L:      + $336 Profits

TWTR-10262017-FIBS-labelled TWTR10262017finfinalled-labelled

Summary

SPY coiled to the 256.17 daily 5-period ma before slipping back down to coiled off the 1.618 fib at 255.60 area. We hit TWTR SHORTS twice off the key fib reversions while it was still chopping and stayed clear of the infamous slow grind, low volatility, vacuum melt-up type squeeze. Closed out the morning with  + $336 Profits

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* The Trade Alerts are time stamped signals alerts to members in the live chatroom. Results are hypothetical and fills may differ between different traders. Alerts are not solicitations to buy or sell securities, but meant to illustrate the trading methodology for educational purposes. Moderators and members may or may not take the trades based on their own individual goals and risk parameters.