Trades for Tuesday, Mar 3rd, 2015

03 Mar Trades for Tuesday, Mar 3rd, 2015

9:34 – BUY 500 LL 41.27, SOLD 300 at 41.63, out + .36, SOLD 200 at 40.92, out - .35       =             + $38

9:41 – SHORT 500 BBY 39.02, STOPPED 39.20, out - .18       =            - $75

9:45 – BUY 1000 BBY 39.28avg, SOLD 800 at 39.55, out + .27, SOLD 100 at 39.66, out + .38, SOLD 100 at 39.87, out + .69       =            + $323

10:08 – BUY 800 LL 41.13avg, SOLD 700 at 41.63, out + .50, SOLD 100 at 41.53, out + .40       =            + $390

10:19 – BUY 500 LL 41.77, SOLD 400 at 42.05, out + .28, SOLD 100 at 41.50, out - .27       =            + $85

10:39 – SHORT 500 COH 43.01, COVERED 42.93, out + .08       =            + $40

10:48 – BUY 500 LL 41.99, SOLD 400 at 42.37, out + .38, SOLD 100 at 42.21, out + .22       =            + $174

11:03 – SHORT 400 SPY 210.85, COVERED 200 at 210.74, out + .11, COVERED 100 at 210.68, out + .17, COVERED 100 at 210.86, out - .01                 =            + $38

Total Daily Profit: + $1,013

Total Weekly Profit:   + $1,013

Total Monthly Profit:    + $1,013

Total Yearly Profit:       + $9,741

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Summary:

SPY opened this morning with a 60 minute mini inverse pup, however, instead of coiling back up by mid day as usual, the bears were strong enough to crack that 210.59 daily MSH trigger taking the SPY down to the lower bbs at 210.19 by deadzone. We hit LL Long at 41.27 off the open to scalp some at 41.63 but ended up stopped the rest at 40.92 as the SPY slipped and the 1 minute went into a mini inverse pup on LL. We hit BBY SHORT at 39.02 but it buyfaded the SPY selling as the 5 minute stochastic was holding up against the 15 minute mini inverse pup, which gave us a BIG TELL. We took BBY LONG at 39.28 avg on two entries for the 5/1 minute duel mini pups to scale out stinky 5s overshoots at 39.55, 39.66 and 39.87, out + .27, + .38 and + .69. LL was starting to base higher off the 40.50 stinky 5s levels. We took LL LONG at 41.13avg to scalp 41.63, and 41.53 on the perfect storm, out + .50 and + .40. We stepped back in at 41.77 on same perfect storm re-trigger to scalp 42.05 and 41.50, out + .28 and - .27. We hit COH for a small scalp at 43.02 to 42.93 as it continued to sell off on the daily mini inverse pup. We took LL LONG at 41.99 for the perfect storm breakout again with a fresh 1 minute pup trigger for detonation to scalp 42.37 and 42.22, out + .38 and + .23.   We hit the SPY for some small shorts looking for that daily MSH trigger but bulls defended it for the time being.   Closed out with + $1,013 profits this morning.