Trades for Friday, Aug 14, 2015

15 Aug Trades for Friday, Aug 14, 2015

9:34 – SHORT 500 LOCO 14.76, STOPPED 15.07, out – .31       =            – $155

10:05 – SHORT 3500 JWN 79.40avg, COVERED 2500 at 78.99, out + .41, COVERED 500 at 79.18, out + .22, COVERED 300 at 79.26, out + .14, COVERED 100 at 79.29, out + .11, COVERED 100 at 79.24, out + .16            =            + $1,188

Total Daily P/L:          + $1,033

Total Weekly P/L:      + $5,056

Total Monthly P/L:      + $11,651

Total Yearly Profit:      + $69,403

JWN08142015finale

Summary:

SPY chopped in a tight range up to 209.21 fib to 208.81 fib, then attempted the seed wave trigger on 208.57 breaks but that has been played out so much that transparency may be too obvious. We got wiggled out of LOCO SHORT at 14.76 to stop out at 15.07 on reversions. We scaled in heavy on JWN SHORT at 79.40avg as it popped through a super fib at 78.90, 79.25 fib and stinky 5s upper range at 79.60 where we added heaviest size as it peaked out and formed a 1-minute mini inverse pup and MSH trigger on the 79.50 breaks to scale out 78.99, 79.18, 79.26, 79.29 and 79.24, out + .41, + .22, + .14, + .11 and + .16. Closed out the morning with + $1,188 profits and the week with + $5,056 profits.