25 Oct Trades for Wednesday, Oct. 25, 2017: + $183 Profits
Trade Alerts:
9:42 – BUY 1300 SQ 32.88avg, STOPPED 800 at 32.81, out - .07, STOPPED 400 at 32.73, out - .15 =         - $116
9:51 – BUY 1100 SQ 32.86avg, STOPPED 700 at 32.77, out - .09, STOPPED 400 at 32.72, out - .14 =         - $121
9:57 – BUY 300 IRBT 72.54avg, SOLD 300 at 73.24, out + .70          =         + $210
10:10 – BUY 2000 SQ 32.82avg, STOPPED EVEN
10:33 – BUY 1000 SQ 32.86, STOPPED 32.73, out - .13        =         - $130
10:47 – BUY 200 IRBT 68.75, SOLD 69.25, out + .50 =         + $100
10:51 – BUY 800 IRBT 68.38avg, SOLD 68.68, out + .30       =         + $240
Total  P/L:     + $183 Profits
Summary
SPY dumped this morning as it cracked the daily 5-pd ma 256.25 to dump hard through the 255.62 and then leans to the 252.60s stinky 5s levels. We took SQ LONG several times as a laggard to PYPL strength, but the SPY was just too weak and SQ sellers at 32.85 wouldn’t even let it get to the 32.91-32.94 fib cluster to breakout. We finally thew in the towel at 32.73 as the SPY cracked its 1.618 fib at 255.40. We scalped IRBT multiple times on the longside notably off the triple .618 supports scaling in from 68.60-68.25 area. Closed out the morning with + $183 Profits.
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* The Trade Alerts are time stamped signal alerts to members in the live chatroom. Results are hypothetical and fills may differ between different traders. Alerts are not solicitations to buy or sell securities, but meant to illustrate the trading methodology for educational purposes. Moderators and members may or may not take the trades based on their own individual goals and risk parameters.