Trades for Thurs, Oct 22nd, 2015: + $1,202 Profits

22 Oct Trades for Thurs, Oct 22nd, 2015: + $1,202 Profits

10:02 – SHORT 7500 EBAY 27.29avg, COVERED 6500 at 27.17, out + .12, COVERD 500 at 27.12, out + .17, COVERED 500 at 27.06, out + .23       =          + $980

10:23 – SHORT 1600 TXN 57.63avg, COVERED 1200 at 57.50, out + .13, COVERED 200 at 57.44, out + .19, COVERED 100 at 57.35, out + .28       =          + $222

Total Daily P/L:          + $1,202

Total Weekly P/L:        + $1,767

Total Monthly P/L:      + $17,039

Total Yearly Profit:    + $138,253

Summary:

SPY managed to grind through that 203.93 super fib finally today.  We scaled HEAVILY  into EBAY SHORT at 27.29avg as it ramped through 5 fibs, stinky 2.50s AND daily upper bbs.  We scaled out the inevitable reversion as 1 minute went into a mini inverse pup tightening at 27.17, 27.12 and 27.06, out + .12, + .17 and + .23.  We scaled into TXN SHORT at it popped to the upper fib range at 57.63avg (57.75 upper fib and 57.77 high of the day) to scale out 57.50, 57.44 and 57.35, out + .13, + .19 and + .28.  Closed out the morning with + $1,202 profits.