05 Feb Trades for Fri, Feb 5th, 2016: + $1,057 Profits and + $4,039 Weekly Profits
Swingtrade: 12/16/2015 – LONG 5000 CERS 6.17avg, 12/28/2015- SOLD 2500 at 6.46, out + .29, + $725, 1/5/2015- SOLD 1000 at 6.36, out + .19, out + $190, 1/13/2016- LONG 500 CERS 5.58add, (Position) LONG 2k at 6.02avg.
9:37 – SHORT 300 UBNT 34.77, COVERED 33.93, out + .84 =         + $252
9:46 – BUY 400 LNKD 115.93avg, SOLD 300 at 117.20, out + 1.27, SOLD 100 at 117.90, out + 1.97          =           + $578
9:59 – SHORT 300 LGF 19.85, COVERED 19.34, out + .51     =         + $153
10:16 – SHORT 200 NFLX 85.90, COVERED 85.53, out + .37 =         + $74
Total Daily P/L:Â Â Â Â Â Â Â Â Â + $1,057
Total Weekly P/L: Â Â Â Â + $4,039
Total Monthly P/L:Â Â Â Â Â + $4,039
Total Yearly Profit:Â Â Â Â + $14,789
Summary
SPY melted on the 60-minute stochastics cross down as bears are trying to cross down the daily stochastic. We faded the extensive gap on UBNT SHORT at 34.77 to scale out 33.93 overshoots off the open, out + .84. The key tell on UBNT was that quick spike and pullback off 35 which caused the 5-minute stochastic to cross down by the time we got in. We scaled into LNKD LONG off the 116.40 and 115.50 gatekeeper fibs for average of 115.90 to scale out the reversions back through 117.20, out + 1.27 and 117.90, out + 1.97. We spotted the sell-off on LGF under the 19.93 fib as we hit LGF SHORT on 5-minute mini inverse pup to scalp 19.34, out + .51 as it leans towards 17s wow. We hit NFLX SHORT at 85.90 for leans towards stinky 5s levels 85.53, out + .37. Closed out the morning with + $1,057 profits and the weekly with + $4,039 profits, all within the first 60 minutes of the open.
Take a FREE 4-day Trial to our LIVE trade alerts room while spots are still available. Â Sign up here
https://undergroundtrader.com/day-swing-trading-2/