25 Apr Trades for Tuesday, Apr.25, 2017: + $411 Profits
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9:37 – SHORT 1600 ESRX at 58.63avg, STOPPED 1100 at 58.63, out even, STOPPED 300 at 58.73, out - .10 and STOPPED 300 at 59.30, out - .67
9:52 – SHORT 2000 MS 44.03avg, COVERED 2000 at 44.93, out + .10
10:15 – SHORT 1800 DE 113.87avg, COVERED 1400 at 113.67, out + .20, COVERED 200 at 113.56, out + .31, COVERED 200 at 113.37, out + .50
Total Daily P/L: + $411 Profits
SPY continued its slow steady grind this morning. We had to use a defensive sprawl on ESRX SHORT off the open averaging in at 58.63 after top ticking 58.25 short add and used the reversions back to the 5-min 5-period ma and fib support to scale out most and minimize damage. We hit MS SHORT for anice reversion scalp and nailed DE as it peaked off the 1.618 fib reversion on the SHORT at 113.87 average as it collapsed through 113. Closed out the morning with + $411 Profits.