05/25/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


THE SHORT-TERM TREND IS DOWN, I HOLD SHORT POSITION OVERNIGHT

The close doesn’t feel good but we still have to wait until tomorrow for the next chapter. Seasonality is bullish for tomorrow if you still remember my weekend report.

The rebound today was enough to stop out the short held by Cobra Impulse System, however if breaks down below today’s low and closes in red tomorrow, it’s another short. By the way, see that red signal bar? That’s Cobra Impulse, the system is mostly based on such kind of impulse move.

1

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  Breakeven *Stopped out of short position on 5/25 flat.
*Short if breakdown below 05/25 low and close in red tomorrow. The stop loss will be 2*ATR(10).

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment
SDS 05/25/2011 $20.92 200 $20.21 Not fully positioned, may add on the way up.
SDS 05/23/2011 $20.93 200 $20.05 05/25/2011 $21.15 44.00  
SSO 05/20/2011 $54.61 100 $52.74 05/23/2011 $52.41 -221.00 Gap down, manual stop loss used.
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 05/23/2011 $20.88  148.00  
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   1658.00  
  • $200 max loss allowed per trade. For fun only.
  • LAST = Year to the last month balance.
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