05/20/2011 Trading Signal


Cobra's Market View Private Messaging System shows:


THE SHORT-TERM TREND IS DOWN, NOT CONFIRMED THOUGH, I HOLD BOTH LONG (TRAPPED) AND SHORT (TRAPPED) OVER THE WEEKEND

No idea about the next Monday. Seasonality is a little bearish biased but on SPY 60 min chart, the ChiOsc is low and a Head and Shoulders Bottom could be in the forming so really hard to call the next Monday. Guess we’ll have to wait and see AGAIN.

12

Enjoy your weekend!

MECHANICAL TRADING SIGNALS: 

  TREND MOMENTUM COMMENT
Long-term 2 of 2 BUY    
Intermediate 5 of 5 SELL 5 of 5 NEUTRAL Cobra Impulse in SELL mode; Non-Stop in SELL mode.
Short-term   6 of 6 NEUTRAL  
SPY SYSTEM ENTRY STOP LOSS INSTRUCTION: back test is HERE, signals are HERE.
Non-Stop 05/10 S N/A Short is for aggressive traders only.
CI Buy & Hold 05/17 S N/A  
CI Swing 05/17 S  2*ATR (10)  

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment
SSO 05/20/2011 54.61 100 $52.74  
SSO 05/18/2011 54.27 100 $52.74 05/18/2011 54.65 38.00  
SDS 05/16/2011 $20.51 400 $19.97        
SDS 05/13/2011 $20.38 300 $19.97 05/13/2011 $20.43 15.00 Half positioned.
SSO 05/12/2011 $54.70 50 $53.49 05/12/2011 $55.26 28.00  
SSO 05/10/2011 $55.50 50 $55.12 05/10/2011 $55.99  24.50  
SDS 05/09/2011 $20.40 300 $19.47 05/12/2011 $20.44 12.00  
SSO 05/06/2011 $55.49 50 $53.49 05/12/2011 $55.18 -15.50 Half positioned.
SDS 05/06/2011 $20.17 200 $19.47 05/06/2011 $20.40 46.00 Half positioned.
SDS 05/04/2011 $20.12 200 $19.47 05/09/2011 $20.25 26.00 Half positioned.
SDS 05/03/2011 $19.94 300 $19.47 05/03/2011 $19.98 12.00 Half positioned.
SSO 04/20/2011 $53.62 100 $54.73 05/04/2011 $54.73 111.00  
LAST   1387.00  
SUM   1687.00  
  • $200 max loss allowed per trade. For fun only.
  • LAST = Year to the last month balance.
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