Trades for Tues, Nov 22, 2016: – $232 Losses

22 Nov Trades for Tues, Nov 22, 2016: – $232 Losses

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9:34 – BUY 300 TIF 77.13avg, STOPPED 76.30, out - .83       =          - $249

9:42 – BUY 600 TIF 77.14avg, STOPPED 600 at 76.70, out - .44        =          - $264

10:03 – BUY 1600 TIF at 77.09avg, STOPPED 1200 at 77.89, out - .20, STOPPED 400 at 77.57, out - .52    =            - $442

10:24 – SHORT 500 CHS 15.54, COVERED 15.41, out + .13   =          + $106

10:51 – SHORT 1000 DSW 25.28, COVERED 800 at 25.13, out + .15, COVERED 200 at 25.06, out + .22     =            + $164

11:20 – BUY 800 CPB 57.10avg, STOPPED 400 at 57.03, out - .08, STOPPED 400 at 56.90, out - .20           =            - $112

Intraday Losses = - $797

SWINGS:

Open:

9/30: LONG 6500 ASNA 5.59avg, added 500 at 4.81, avg is 7000 LONG at 5.48,

11/10/2016 – SOLD 5000 ASNA  at 6, out + .52, still long 2000 from 5.48              =              + $2,600

11/14/2016- SOLD 1000 ASNA at 6.39, out + .89, SOLD 500 ASNA 6.53, out + 1.14 =          + $1,460

still long 500 from 5.48

11/22/2016 – SOLD 500 ASNA at 6.69, out + 1.13     =              + $565

Swing Profit=   + $565

Total Daily P/L:          - $232

DSW11222016

Summary

SPY peaked off stinky 5s upper range and lost the 220.22 fib. Thin liquidity really made for a frustrating morning as traditionally strong set-ups ended up getting flushed out causing a lot of stops, but manageable and kept the sizing light for liquidity sakes and neutralize the damage. We got stopped multiple times on TIF LONG playing for the laggard recovery but every breakout attempt through that 77.27 (coil resistance off the 77.06 fib) trigger got faded. We were able to scalp reversion shorts on CHS and DSW. CPB set-up a perfect storm breakout but was cracked by the SPY collapsed through the 220.22 fib leans. We did lock out the ASNA LONG swings to a +1.13 final gain. Closed out the morning with - $232 Losses.