Trades for Wednesday March 18th, 2015

18 Mar Trades for Wednesday March 18th, 2015

9:36 – SHORT 1000 ADBE 75.22avg, COVERED 700 at 75.04, out + .18, COVERED 300 at 75.38, out - .16            =            + $78

9:52 – BUY 1000 ADBE 75.70, SOLD 800 at 76.14, out + .44, SOLD 200 at 76.33, out + .63       =            + $478

10:10 – SHORT 1000 ORCL 44.56avg, COVERED 44.49, out + .07, COVERED 300 at 44.37, out + .19, COVERED 200 at 44.44, out + .12       =            + $ 221

10:28 – BUY 400 ADBE 76.75, SOLD 300 at 77.05, out + .30, SOLD 100 at 77.22, out + .47       =            + $137

10:56 – SHORT 500 ADBE 78.21avg, COVERED 400 at 77.90, out + .31, COVERED 100 at 77.85, out + .36            =            + $160

Total Daily Profit: + $1,074

Total Weekly Profit:  + $1,074

Total Monthly Profit: + $8,516

Total Yearly Profit:    + $17,244

ADBE03182015superfinbal

Summary:

SPY gapped down this morning to the daily 5 period ma 207.35 and chopped around stinky 2.50s before slipping. We hit ADBE SHORT at 75.22avg by scaling in for a break at 75 but the bidders were extremely strong so we clipped 75.04 and stopped 75.38, out - .16. We took ADBE LONG at 75.70 for the superfib break triggering a grind to scale out 76.14 and 76.33, out + .44 and + .63. We hit ORCL SHORT 44.56avg on the superfib breaks at 44.63 to scalp stinky 5s leans at 44.49, 44.37 and 44.44, out + .07, + .19 and + .12. We hit ADBE LONG at 76.75 on the fib break perfect storm to scalp 77.05 and 77.22, out + .30 and + .47.   We hit ADBE SHORT at 78.21avg on the superfib rejection to scale out 77.90 and 77.85, out + .31 and + .36.   Carved out + $1,074 profits this morning.