06/07/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


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

A little bullish biased toward tomorrow as SPY down 5 consecutive days, buy at close today sell tomorrow, you got 69% chances since the last 2000 trading days. And if hold until the very first green day, you’ll have 88% chances.

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By the way, I saw someone mentioning SPY closes below BB bottom for 3 consecutive days, well, it’s a buy, but there’s a catch, since the last 2000 trading days, 5 out of 11 times, SPY closed below BB bottom yet for the 4th and even 5th day, so the strategy is to buy and hold until the very first day that SPY closes above its BB bottom, in which case, you’ll have 82% chances.

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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 Swing 06/01 S 06/06 High  

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment
SDS 06/06/2011 $21.57 100 $20.85  
SDS 06/06/2011 $21.57 200 $20.85 06/06/2011 $21.93 72.00  
SDS 06/01/2011 $20.61 100 $20.05 06/03/2011 $21.53 92.00  
SSO 05/27/2011 $53.70 100 $52.13 06/02/2011 $52.13 -157.00 Mistakenly closed the 05/26 long, bought back.
SDS 05/25/2011 $20.92 200 $20.05 06/02/2011 $21.15 46.00 Not fully positioned, may add on the way up.
LAST   1692.00  
SUM   1745.00  
  • $200 max loss allowed per trade. For fun only.
  • LAST = Year to the last month balance.
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