10/18/2011 Trading Signals

SHORT-TERM MODEL BELIEVES THE TREND IS UP, HOLDING LONG POSITION OVERNIGHT

First of all, since www.cobrasmarketview.com is really a long name that either hard to remember or the “s” could be easily missed, so for your conveniences, I registered 2 more name today, the www.cobrav.com for you to remember and the www.cobramarketview.com in case you missed the “s”. Both redirect automatically to www.cobrasmarketview.com. Hopefully you all like the idea.

The bottom line, I have no good feelings at least for the short-term. Will present my witness in tonight’s report.

AAPL missed, assuming tomorrow it still gaps down, which then confirms the 3 Push Up pattern I talked yesterday, therefore we shall see a 2 legged down from here. The chart below is for direction only, not reflecting the actual price and time.

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MECHANICAL TRADING SIGNALS
SPY SYSTEM ENTRY STOP LOSS 2*ATR(10) value: SPY=5%,SSO=10%,SDS=12%,UPRO=14%,SPXU=18%. See HERE for how to use.
Non-Stop 10/11 L N/A  
Cobra Impulse 10/14 L 1.7*ATR(10)

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15 Comments on "10/18/2011 Trading Signals"
  1. #
    Comment left on:
    October 18, 2011 at 5:33 pm
    Anonymous says:

    sorry but i had to show this trade, don’t try to read too much into it.
    in no way an ordinary trade.
    made 4 pts. in 5 seconds = 197.60 after commissions
    too bad i was only trading one contract.
    i’m a scalper and have many trades that are less than a minute.
    but 4 pts in 5 seconds is a new record….

    • #
      Comment left on:
      October 18, 2011 at 11:31 pm
      Anonymous says:

      Well done!

  2. #
    Comment left on:
    October 18, 2011 at 5:53 pm
    Anonymous says:

    AAPL AH is 390’s, your chart is 387. not much room to down. so can we buy dip?

    • #
      Comment left on:
      October 18, 2011 at 6:47 pm
      Cobra says:

      you must be kidding me. didn’t I say it’s for direction only? 🙂

    • #
      Comment left on:
      October 18, 2011 at 7:17 pm
      Anonymous says:

      Thanks.
      my fault. 3 Push Up pattern hints reversal.

  3. #
    Comment left on:
    October 18, 2011 at 6:04 pm
    frank says:

    thanks

  4. #
    Comment left on:
    October 18, 2011 at 7:14 pm
    Anonymous says:

    As financials (XLF) go, so does the S&P?  XLF divergence from S&P was a nice indicator of a stock market top.

  5. #
    Comment left on:
    October 18, 2011 at 7:21 pm
    EvilTrader says:

    Cobra, what about the NYMO negative divergence ??

    Seems like a very reliable top signal to me.

    • #
      Comment left on:
      October 18, 2011 at 9:45 pm
      Cobra says:

      No NYMO negative divergence. Well, just tiny small one. You can check the history, NYMO positive divergence mattered but not negative divergence because by default the market is always up. 

  6. #
    Comment left on:
    October 18, 2011 at 8:00 pm
    gerald langelier says:

    AAPL Fibo…
    http://astrofibo.blogspot.com/2011/10/aapl-fibo_18.html

  7. #
    Comment left on:
    October 18, 2011 at 8:01 pm
    gerald langelier says:

    SP500 Time Ratio…
    http://astrofibo.blogspot.com/2011/10/sp500-fibo_18.html

  8. #
    Comment left on:
    October 18, 2011 at 8:55 pm
    uempel says:

    Check the blue grid line on the 10-year and on the close up: a jump over 1225 will be meaningful:

    • #
      Comment left on:
      October 18, 2011 at 9:44 pm
      Cobra says:

      Nice chart, thanks and welcome back. We had so many guys refreshing the web at the same time today almost crashed the sever. A few more days like today, then my web server would be the history. 🙂 Strangely the most people online didn’t make a new record though.

  9. #
    Comment left on:
    October 18, 2011 at 9:12 pm
    Anonymous says:

    from support back to resistance on the ndx.  When it breaks one way or the other then get on boarded!

  10. #
    Comment left on:
    October 18, 2011 at 11:59 pm
    Anonymous says:

    THX

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