THE SHORT-TERM TREND IS NOT CLEAR, I HOLD TINY LONG POSITION OVERNIGHT FOR SPECULATION PLAY ONLY
Tomorrow is the most bullish day of the week recently as you can clear see from the chart below.
![2 2](http://lh4.ggpht.com/-_07e88yen6s/TgJVl02e3uI/AAAAAAAAK8s/Yy0sxjL2Qx8/2_thumb.png?imgmax=800)
One interesting thing I noticed though, 5 out of 6 red FOMC days (see red arrow below) were followed by another red day since July 2008, so a red day tomorrow? The cases are too few to read much of course.
![1 1](http://lh4.ggpht.com/-E455Yapnr0s/TgJVnOddfkI/AAAAAAAAK80/D9tO29dMcsc/1_thumb%25255B1%25255D.png?imgmax=800)
The short setup of Cobra Impulse System mentioned yesterday is no longer valid. The system holds no position now.
![3 3](http://lh3.ggpht.com/-B5N2vG1Wu0k/TgJVn1qhZZI/AAAAAAAAK88/luCk4rCHaC8/3_thumb.png?imgmax=800)
MECHANICAL TRADING SIGNALS:
DEMO ACCOUNT FOR SHORT-TERM MODEL:
TICKER |
Entry Date |
Entry |
Share |
Stop Loss |
Exit Date |
Exit |
Profit |
Comment |
SSO |
06/22/2011 |
$50.30 |
50 |
$48.74 |
|
|
|
Half positioned, speculation play only. |
SSO |
06/21/2011 |
$50.35 |
100 |
$48.06 |
06/21/2011 |
$51.10 |
75.00 |
|
SDS |
06/20/2011 |
$22.06 |
100 |
$21.54 |
06/21/2011 |
$21.46 |
-60.00 |
Not fully positioned, may add on the way up. |
SDS |
06/16/2011 |
$22.37 |
200 |
$21.54 |
06/16/2011 |
$22.65 |
56.00 |
|
SDS |
06/15/2011 |
$22.23 |
100 |
$21.54 |
06/20/2011 |
$22.29 |
6.00 |
Not fully positioned, may add on the way up. |
SSO |
06/14/2011 |
$50.23 |
100 |
$48.64 |
06/14/2011 |
$50.45 |
22.00 |
|
SDS |
06/13/2011 |
$22.40 |
100 |
$21.54 |
06/15/2011 |
$22.58 |
18.00 |
Not fully positioned, may add on the way up. |
SDS |
06/09/2011 |
$21.80 |
100 |
$21.11 |
06/10/2011 |
$22.23 |
43.00 |
Not fully positioned, may add on the way up. |
SDS |
06/08/2011 |
$22.02 |
200 |
$21.11 |
06/08/2011 |
$22.18 |
32.00 |
|
SDS |
06/06/2011 |
$21.57 |
100 |
$21.11 |
06/13/2011 |
$22.36 |
79.00 |
|
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 |
|
|
|
|
|
|
2016.00 |
|
|
- $200 max loss allowed per trade. For fun only.
- LAST = Year to the last month balance.
- The short-term model is not a part of Cobra Impulse System.
|