Perfect Storm Trades for 10/29/2014

Hi All,

Wild morning as they tried to pump the SPY to peak out at 199.12 before a grinding reversion back down to 50 minute 15period ma.  We hit INVN LONG at 17.10 above the 16.94 super fib, but stopped out at 16.68, out - .42.  We reversed INVN SHORT at 16.30 to scale out 16.28 and 16.30, out + .22 on double size.  We scaled into GT SHORT at 23.76 average (23.45, 23.85 and 24) to scalp out at 23.50 on reversion and 1 min doji and 15 min 5 period ma rejection mini inverse pup, out + .26.  We hit EA SHORT at 39.88 but stopped out at 40 on the algo thrusts, out - .12.  We scaled into FB SHORT at 76.13avg for a perfect storm breakdown through the 76.05 fib to scale out 75.72, 75.83 and 75.65, out + .41, + .30 and + .48 on panics.  We scaled into AAPL SHORT at 106.93 avg but stopped out at 107.08, out - .15 to avoid the slow grind.  We hit FB SHORT again at 75.65 to scalp the stinky 5s leans at 75.43 and 75.42 as it tanked to the 75.30 coil resistance before grinding back up through 76, out + .22 and + .23.  Carved out + $1,169 profits this morning.

Posted to Morning Profit Maker on Oct 29, 2014 — 11:10 AM
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