Perfect Storm Trades for 11/21/2014

Hi All,

SPY got a big gap this morning from China rate cute and ECB implementing QE.  However, the sellers came in just after the open grinding the SPY down.  We hit GPS SHORT at 39.53avg looking for a stinky 5s break to scale out 39.33, 39.44 and 39.33, out + .20, + 09 and + .20 on double size.  We hit ADSK SHORT at 62.29 to scalp 61.81 and 62, out + .45 and + .26 for a perfect storm rug pull.  We hit SPLK short at 70.15 to scalp 69.90, out + .25 on a fib support test.  We scaled back into SPLK at 69.86 average cost for the Perfect Storm Breakdown when the 1 minute FINALLY triggered the mini inverse pup causing the 5 minute to cross down for the INVERSE PUP in addition to the 60 minute mini inverse pup which confirmed when 70.40s rejected and 15 minute mini inverse pup.. all this resulting in a PANIC COLLAPSE to scale out 69.18, 69.12 and 68.65, out + .69, + .75 and + 1.22 weeee.  Carved out + $1,042 profits this morning.

Closed out the week with + $2,391 profits.

Posted to Morning Profit Maker on Nov 21, 2014 — 11:11 AM
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