09/15/2011 Trading Signals


Cobra's Market View Private Messaging System shows:


THE TREND IS UP AS PER SHORT-TERM MODEL, HOLDING BOTH LONG AND SHORT (TRAPPED) OVERNIGHT

The bottom line, although up 4 days in a row, but overall the rebound is weaker than the previous one, so the big picture still is down. Just in the short-term before seeing any obvious weakness I’m more willing to bet on the long side.

A short setup is triggered according to TradingMarkets which claimed to have 68% chances.

1

The short setup of the Cobra Impulse System wasn’t confirmed today and no longer valid and it’s time to set the stop loss to breakeven.

2

MECHANICAL TRADING SIGNALS
SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=10%; SDS=12%; UPRO=15%;SPXU=18%
Non-Stop 08/25 L N/A Long is risky when long term signals are on the sell side.
Cobra Impulse 09/07 L *Breakeven *Adjust stop loss.
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 09/15/2011 $43.00 50 $38.27 09/15/2011 $43.53 26.50  
SSO 09/14/2011 $41.45 50 *$38.27  
SSO 09/13/2011 $40.51 50 $35.65 09/13/2011 $40.88 18.50  
SDS 09/13/2011 $24.03 100 $21.39    
SDS 09/02/2011 $24.35 100 $21.43 09/13/2011 $23.48 3.00  
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   2720.00  
  • $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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