05/26/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


THE SHORT-TERM TREND IS UP, UNCONFIRMED, I HOLD TRAPPED SHORT POSITION OVERNIGHT

Used to be bearish for the last 2 trading days of the month, but the trick failed 3 times in a row recently, so not sure if it still works this time or not anymore.

1

Those who followed the TradingMarkets long setups, just a reminder, the major exit condition is met today. And congratulations for those who were brave enough to follow. Yet again another score!

2

Those who plan to follow Cobra Impulse System, the short setup is still valid, as long as SPY could break down below today’s low and close in red tomorrow.

3

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 *Short if breakdown below 05/26 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
SSO 05/26/2011 $53.24 200 $52.13 05/26/2011 $53.41 34.00  
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   1692.00  
  • $200 max loss allowed per trade. For fun only.
  • LAST = Year to the last month balance.
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