21 Dec Trades for Wednesday, Dec. 21, 2016: + $435 Profits
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9:57 – BUY 900 WGO 37avg, SOLD 700 at 37.55, out + .55, SOLD 200 at 37.65, out + .65 = + $385
10:03 – BUY 500 TWTR 17.13limit, SOLD 500 at 17.23, out + .10 = + $50
Total Daily P/L: + $435 Profits
SPY bled off slowly this morning. We patiently waited for WGO to panic and scooped up shares from 36.60s to average LONG at 37 to scalp the NOMINAL reversion coils back through the stinky 2.50s area 37.50s-37.70 into liquidity. We hit TWTR LONG at 17.13 just a penny above the fib for a nominal scalp back to the 5-period ma at 17.23. Closed out the morning with + $435 Profits.