09/12/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


THE TREND IS NOT CLEAR FOR SHORT-TERM MODEL, HOLDING SHORT POSITION OVERNIGHT

The bottom line, I see bullish reversal bars everywhere, just the reversal was mostly in the last 30 minutes which usually WAS not a good sign, so let’s see if bulls can make any follow through tomorrow before making any bullish call.

Cobra Impulse System shows a potential short setup for tomorrow if break below today’s low and close in red. The short setup had only 69% winning rate for the last 2,000 trading days.

1

MECHANICAL TRADING SIGNALS
SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=12%; SDS=11%; 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 09/07 L 1.7*ATR(10) *Short if below 09/12 low and close red tomorrow, stop loss = 2*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 09/12/2011 $38.69 -270.00 Gap down, manual stop loss used.
LAST   2935.00  
SUM   2672.00  
  • $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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