09/06/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


THE SHORT-TERM MODEL SAYS THE TREND IS DOWN, HOLDING TRAPPED LONG AND SHORT OVERNIGHT

I have no idea bout tomorrow, the intraday actions seems very bullish today but the big picture still remains down.

Those who followed the TradingMarkets short setup I mention on 08/31 Trading Signals, it’s time to cover.

1

Cobra Impulse System is trying to buy dip here if break above today’s high and close in green tomorrow.

2

MECHANICAL TRADING SIGNALS
SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=12%; SDS=12%; UPRO=18%;SPXU=17%
Non-Stop 08/25 L N/A Long is risky when long term signals are on the sell side.
Cobra Impulse *Long if break 09/06 high and close in green tomorrow. Stop loss = 1.7*ATR(10).
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
SDS 09/02/2011 $24.35 100 $21.43  
SDS 09/01/2011 $22.94 100 $19.96 09/01/2011 $23.01 7.00  
SSO 08/30/2011 $44.09 50 *$38.69 *Gap down, manual stop loss used.
LAST   2935.00  
SUM   2942.00  
  • $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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