Trades for Wednesday, Feb 25th, 2015

25 Feb Trades for Wednesday, Feb 25th, 2015

9:38 – BUY 1000 LVS 54.92avg, SOLD 800 at 54.99, out + .07, SOLD 200 at 54.91, out + .01       =            + $58

9:48 – SHORT 1000 FSLR 57.21avg, COVERED 800 57.11, out + .10, COVERED 100 at 57.09, out + .12, COVERED 100 at 57.35, out - .14       =            + $78

9:58 – SHORT 1000 HPQ 35.01, STOPPED at 35.07, out - .06                   =             - $60

10:05 – SHORT 1500 TGT 76.92avg, COVERED 1200 at 76.51, out + .41, COVERED 300 at 76.42, out + .50       =            + $642

10:13 – SHORT 3000 HPQ 34.95avg, COVERED 2000 at 34.82, out + .13, COVERED 500 at 34.79, out + .16, COVERED 500 at 34.83, out + .12            =            + $400

10:57 – BUY 300 LVS 55.23, SOLD 55.37, out + .14            =            + $42

11:15 – SHORT 1000 FB 79.84avg, COVERED 800 at 78.74, out + .10, COVERED 200 at 79.82, out + .02            =            + $84

11:27 – SHORT 500 FB 79.77, STOPPED 79.88, out - .12       =            - $60

11:35 – SHORT 500 FB 79.71avg, STOPPED 79.75, out - .04       =            - $20

11:56 – SHORT 1500 FB 79.68avg, COVERED 1200 at 79.68, even, COVERED 300 at 79.70, out - .02       =            - $6

Total Daily Profit: +$1,158

Total Weekly Profit:   + $3,029

Total Monthly Loss:    - $5,846

Total Yearly Profit:             + $7,651

TGT02252015finale LVS02252015finale HPQ02252015

Summary:

SPY opened with a 60 minute mini inverse pup AGAIN but the 15 minute stochastic grinded up a mini pup to cross the 60 minute stochastic back up through 20 bands. We hit LVS LONG at 54.92avg against a perfect storm breakdown for a reversion back to the 55.18 super fib but had to bail with a small scalp at 54.99 and 54.91, out +.07 and + .01. We hit FSLR SHORT at 51.21avg scaling into the pops for a reversion again off the stinky 2.50s area to the 57.07 fib, to scalp out 57.11, 57.09 and 57.35, out + .10, + 12 and - .14. We tested HPQ SHORT at 35.01 but stopped out at 35.07 on the algo chop, out - .06. When HPW finally cracked 35, it triggered a perfect storm breakdown. We added 3 times on bounces to SHORT HPQ at 34.95avg to scale out into the rug pulls at 34.82, 34.79 and 34.83, out + .13, + .16 and + .12 on heavier size and great liquidity. We weren’t going to trade TGT this morning as it’s usually chock full algos and games, but I spotted a VERY COMPELLING set-up with the DAILY mini inverse pup AND 60 minute mini inverse pup, which is like having pocket aces in hold’em poker.   The 15 minute also formed a mini inverse pup which gave us 3 lane perfect storm, however, the 5 and 1 minute also formed mini inverse pups along with WMT trading at lows convinced us to scale in three times as we hit TGT SHORT at 76.92avg to scalp out the leans to pivot at 76.51 and 76.42 into liquidity, out + .41 and + .50. We chopped around with FB as it was forming a 5/1 minute mini inverse pup but SPY was so damn resilient that we chopped out flat on too many trades before it collapsed despite the SPY, doh. We closed out the day with + $1,158 profits.