Trades for Weds, Sept 16th, 2015: + $1,889

16 Sep Trades for Weds, Sept 16th, 2015: + $1,889

 

9:32 – SHORT 800 ITCI 44.83avg, COVERED 600 at 42.67, out + 2.15, COVERED 100 at 43.50, out + 1.33, COVERED 100 at 42.36, out + 2.45     =          + $1,668

9:41 – SHORT 300 BUD 116.07, STOPPED 116.21, out - .14  =          - $42

9:48 – SHORT 500 BUD 116.05avg, COVERED 400 at 115.67, out + .38, COVERED 100 at 115.49, out + .56            =          + $208

9:57 – SHORT HPQ 28.17, COVERED 400 at 28.07, out + .10, COVERED 100 at 28.02, out + .15     =          + $55

Total Daily P/L:          + $1,889

Total Weekly P/L:        + 1,735

Total Monthly P/L:      + $10,057

Total Yearly Profit:      + $96,653

HPQ09162015 ITCI09162015

Summary:

SPY daily mini pup still in tact as the 60 min opened with a make or break cross up.  We scaled right in SHORT ITCI 44.83 avg as it popped up to the upper extreme fib range 45.50s.  The ACE up the sleeve was the 1-minute mini inverse pup that slipped RIGHT OFF THE OPEN.  We scaled out on reversions back to fibs (42.70/42.30 fibs) at 42.67, 43.50 and 42.36, out + 2.15, + 1.33 and + 2.45. We hit BUD for a beautiful SHORT re-entry at 116.05avg for a nice lean through the 115.88 fib into stinky 5s.  We took a small scalp on HPQ SHORT for lunch money as it peaked out ahead of that 28.30 area where we wanted to get a second add in.  Closed out the morning with + $1,889 profits in under 45 minutes.