Hi All,
Long session as we duked it out with the algos all morning into early afternoon. FB made a rare type of move that happens less than 5% of the times where they grind to extremes and give very little breathing room for reversions. We scaled into FB SHORT at 51.18avg to stop 51.35, out - .17. We scaled into FB SHORT at 51.52 to stop 51.80, out - .52. We scaled into FB SHORT 51.52 to stop out 51.84, out - .32. With FB so strong, we targeted TWTR for a laggard mover. We hit TWTR LONG at 37.96avg to scale out 38.27, 38.36, 38.43 and 38.55, out + .31, + .40, + .47 and + .59. We also had great moves on GILD perfect storm breakdown. We hit GILD SHORT at 95.21 to scale out 94.58 and 94.18, out + .63 and + 1.03. We hit GILD SHORT again at 93.95 to scale out 93.54, 93.57 and 93.34, out + .41, + .38 and + .61. We got chopped around on smaller shares of GILD. We hit another TWTR LONG at 38.32avg to scalp 38.55 and 38.46, out + .23 and + .14. We hit ACHN SHORT off 15.52avg to scalp the stinky 5s leans on perfect storm breakdown at 15.40, 15.32 and 15.28, out + .12, + .20 and + .24. Closed out the day with - $220 losses.