09/07/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


THE SHORT-TERM MODEL ARGUES FOR A UPTREND, HOLDING TRAPPED LONG AND SHORT OVERNIGHT

The bottom line, should be more on the upside, but I’m not convinced yet a new bull market has started.

Just a little little bit bearish biased toward tomorrow, most likely won’t be a huge up day again if not red, because TICK closed above 1,000.

1
2

Those who follow the Cobra Impulse System, a long position is opened today.

3

MECHANICAL TRADING SIGNALS
SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=12%; SDS=12%; UPRO=17%;SPXU=19%
Non-Stop 08/25 L N/A Long is risky when long term signals are on the sell side.
Cobra Impulse *09/07 L 1.7*ATR(10) *Long position initiated.
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.
© 2013 Cobra's Market View — All Rights Reserved.