Trades for Tuesday, September 1st, 2015

01 Sep Trades for Tuesday, September 1st, 2015

9:50 – SHORT 3000 FB 88.26avg, COVERED 2300 at 88.08, out + .18, COVERED 350 at 87.88, out + .30, COVERED 350 at 88.75, out + .33       =          + $634

10:56 – SHORT 2000 TRVN 10.14avg, COVERED 1500 at 9.83, out + .21, COVERED 300 at 9.95, out + .19, COVERED 100 at 9.70, out + .44, COVERED 100 at 9.54, out + .60   =          + $476

Total Daily P/L:        + $1,110

Total Weekly P/L:        + $1,729

Total Monthly P/L:      + $1,729

Total Yearly Profit:      + $88,077

FB09012015 TRVN09012015

Summary:

SPY gapped down and chopped between the 193.56 fib and 194.09 super fib all morning.  We scaled into FB SHORT at 88.26avg as it was a laggard seller to NFLX and AAPL.  FB finally cracked the 1 minute 80 band with a mini inverse pup for a nice FULL OSCILLATION down through 20 bands as we scaled out 88.08, 87.88 and 87.75, out + .18, + .30 and + .33 on heavy size.  We scaled into TRVN SHORT at 10.14avg above the 9.97 super fib resistance to catch the 1 minute mini inverse pup leans to scale out 9.83, 9.95, 9.70 and 9.54, out + .21, + .19, + .44 and + .60.  We carved out + $1,110 profits this morning.