Updates for Tuesday, Nov. 14, 2017

14 Nov Updates for Tuesday, Nov. 14, 2017

Blog will be updated intermittently due to projects.

 

Trades for 11/14/2017

9:36 – SHORT 5900 SQ 40.35avg, COVERED 4000 at 40.22, out + .13, COVERED 1500 at 40.42, out - .07, COVERED 500 at 40.12, out + .23       =          + $530

9:52 - SHORT 1500 MU at 45.95avg, COVERERD 45.83, out + .12    =          + $180

10:01 – SHORT 600 AAP at 101.72avg, COVERED 400 at 100.87, out + .85, COVERED 200 at 100.50, out + 1.22     =          + $584

Total   P/L:      + $1,294 Profits

SQ-MU-AAP-tripfibcharts-11142017-labelled

Summary

SPY sold off on the 60-min mini inverse pup this morning. We scaled into SQ SHORT adding heavy at the seed wave fib areas 1.414 at 40.35-40.50 area, but couldn’t get fills near that 1.618 near 40.64. We scalped the reversions off the stinky 5’s levels back down to the 40.15 overshoots 1.27 fib. We hit MU SHORT on the 45.99 the .618 overlap fib resistance and scalped out 45.83 as it collapsed down to 45.30s. We hit APP SHORT into the squeeze up through the 1.618 15-min seedwave extensions to average 101.74 as it leaned back down through 100.50s to scalp out. Closed out the morning with  + $1,294 Profits

 

* The Trade Alerts are timestamped signals 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.

 

Trades for 11/2/2017

 

9:36 – SHORT 3200 LB 47.52avg, COVERED 3000 at 47.22, out + .30, COVERED 200 at 47.05, out + .48   =            + $996

9:43 – SHORT 200 QCOM 55.35, STOPPED 55.45, out - .10  =          - $20

9:46 – SHORT 200 QCOM 55.26, STOPPED 55.45, out - .21  =          - $42

9:55 – SHORT 400 QCOM 55.58avg, COVERED 300 at 55.42, out + .16, COVERED 100 at 55.55, out + .03            =          + $51

10:01 – SHORT 200 QCOM 55.47, COVERED 100 at 55.42, out + .05, COVERED 100 at 55.26, out + .21    =            + $26

 

Total   P/L:      + $1,011 Profits

 

Summary

SPY plunged this morning. We scaled into LB SHORTS for a solid reversion/reversal after the opening algo sweeps up towards the 47.96 fib for reversions back down through 47.31 the .618 fib as it leans through 46.87 fib. We hit small shares on QCOM for lunch money as it finally peaked off the 55.66 fib on the nose. Closed out the morning with  + $1,011 Profits

 

* The Trade Alerts are timestamped signals 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.