07/28/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


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

SPY down 4 days in a row, buy at today’s close, sell the next day at close, you got 62% chances since year 2003. Hold until the very first green day though, you have 83% chances. The following chart was drawn on 06/06 Trading Signals, should still apply, I’m in a hurry to leave so no new drawing today. The bottom line, it’s not a good time to be panic now so if you still hold your long position, better wait for a few more days and as usual, I’ll present my witness in tonight’s report. Stay tuned.

2

Two more TradingMarkets long setup triggered today, both claimed to have above 80% winning rate.

1

Cobra Impulse System is officially in sell mode now and yes, a short position was initiated today.

3

MECHANICAL TRADING SIGNALS
SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=6%; SDS=5%; UPRO=8%;SPXU=8%
Non-Stop 07/22 L N/A  
Cobra Impulse *07/28 S 2*ATR(10) *Short position initiated on 07/28.
DEMO ACCOUNT FOR SHORT-TERM MODEL (Attention: This is not part of Cobra Impulse System)
TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment
SSO 07/25/2011 $54.79 50 $51.50 07/28/2011 $51.50 164.50 Speculation play, half positioned.
SSO 07/21/2011 $54.06 100 $50.82 07/21/2011 $54.84 78.00  
SSO 07/19/2011 $52.79 50 $50.82 07/25/2011 $54.57 89.00  
SSO 07/19/2011 $52.79 50 $49.62 07/19/2011 $53.40 30.50  
SDS 07/14/2011 $20.65 300 $19.62 07/14/2011 $20.94 87.00  
SDS 07/13/2011 $20.50 200 $19.27 07/13/2011 $20.63 26.00  
SDS 07/11/2011 $20.37 100 $19.62  
SDS 07/11/2011 $20.37 100 $19.15 07/11/2011 $20.60 23.00  
SSO 07/08/2011 $54.84 50 $52.10 07/14/2011 $52.10 137.00 Speculation play, half positioned.
SSO 07/07/2011 $55.46 100 $52.69 07/07/2011 $55.76 30.00  
SSO 07/06/2011 $54.22 100 $51.51 07/06/2011 $54.34 12.00  
SSO 07/01/2011 $53.90 100 $51.21 07/01/2011 $54.50 60.00 New stop loss strategy: 2*ATR(10) used.
SSO 06/22/2011 $50.30 50 $52.69 07/11/2011 $53.42 156.00  
LAST   1905.00  
SUM   2195.00  
  • $300 max loss allowed per trade. For fun only.
  • LAST = Year to the last month balance. SUM = Year to date realized gains/losses.
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