Perfect Storm Trades for 10/31/2014

Hi All,

SPY had a monster gap on Japan QE rollout in overnight session.  We hit AEGR SHORT at 22.61 on the perfect storm breakdown to scale out 22.11 and 22.18, out + .50 and + .43.  We hit SBUX SHORT at 76.50 on daily 5 period ma for reversion to scalp out 76.11 and 76.12, out + .39 and + .38.  We hit LNKD SHORT at 229.34 to scalp 227.94 and 228.66, out + .1.40 and + .78.  We hit FB SHORT at 74.72 for a small scalp at 74.59, out + .13 as it was chopping between the .58-.78 fib and sellfading.  We hit SBUX SHORT again at 75.25 but stopped out as it popped with the SPY at 75.32, out - .07.  We hit FB SHORT at 74.65 looking for a retest of that 74.48 resistance yesterday, on the 5 minute mini inverse pup, but it managed to hold the 74.58 fib and headfake back up with a pretzel 5 min mini pup through the 74.78 fib triggering a stop at 74.85, out - .20.  At this point, we saw SBUX reject again back down through the 5 min 5 period moving average which set up the 5 minute mini inverse pup on the 15 minute mini inverse pup and a 1 minute inverse pup.  We quickly re-SHORTED SBUX at 75.21 on double size for a perfect storm breakdown to scale out 75.15, 75.11 and 75.47, out + .16, + .10 and - .26 (scaling out upside pyramid style).  We simultaneously started to build up a FB SHORT position as it climbed up to 75.67.  We scaled into FB SHORT from 75.08 up to 75.63 to average 75.42 on the short.  FB was in a squeeze and popped through over 5 bumper levels of resistance, which set it up for a mean reversion.  The 75.28 pivot, 75.40-75.60 stinky 5s, 75.57 super fib, as well as 75.45-75.60 upper bollinger bands on 15,5,1 minute charts. FB eventually cracked the 1 minute 80 band with a mini inverse pup to allow us to scale out 75.37 and 75.33, out + .05 and + .09 on heavy size as it became unlinked to SPY along with most other stocks ironically.  Closed out the morning with + $614 profits.

Closed out week with + $3,849 profits.

Closed out month with + $17,973 total profits.


---

Last CALL for $29 Morning Profit Maker test drive!  Offer ends Nov 1st!

Morning Profit Maker is offering a $29 test drive for 30 days for NEW MEMBERS ONLY using coupon code: COSE

The Morning Profit Maker service seeks to capture fast profits in the shortest period of time in the first 90 minutes of every trading day. This is done by filtering only the best patterns known as 'Perfect Storms' to capture hours of movement in minutes! Jea Yu leads members into and out of trades providing a Watch List at 9:15am est every morning and then guiding members through trade alerts with entry, recommended shares and exits with analysis along the way.

The Morning Profit Maker service has been expanded to include more set-ups resulting in fantastic profits as the average daily profits have risen from $150 to $800 a day. MPM is up 16% for month of October with only 1 losing day. MPM is up 50.45% in past 90 days and + 83.18% in the past 365 days. Daily blogs are posted up free on Marketfy.com every day to explain the trades that were taken. This service is for intra-day stock traders who want to profit consistently in the first 90 minutes of the market day, which is the MOST PROFITABLE and fertile trading climate.

This is a LIMITED TIME OFFER only for NEW MEMBERS as of 10/24/2014.

SIGN UP HERE and use coupon code:COSE to get started!

* Users must have Java 1.7 or earlier to access chatroom. Java 8 does not work. We are working on a workaround solution.

** Follow the free daily blogs here

** This special promo is for the first 30 days. The regular rate of $199 will bill billed on a recurring basis unless canceled.

Posted to Morning Profit Maker on Oct 31, 2014 — 12:10 PM
Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
Want to add a comment? Take me to the new comment box!