11/01/2011 Trading Signals


SHORT-TERM MODEL BELIEVES THE TREND IS DOWN, HODING TRAPPED LONG POSITION OVERNIGHT

The bottom line, chances are very high we’d see a green day tomorrow, and may or may not see a lower low in the morning. I’ll, as usual, present my witnesses in tonight’s report.

The long position held by Cobra Impulse System was stopped out today flat.

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18 Comments on "11/01/2011 Trading Signals"
  1. Comment left on:
    November 1, 2011 at 5:18 pm
    frank says:

    thanks

  2. Comment left on:
    November 1, 2011 at 5:19 pm
    frank says:

    板凳

  3. Comment left on:
    November 1, 2011 at 5:44 pm
    HighRev says:
  4. Comment left on:
    November 1, 2011 at 5:51 pm
  5. Comment left on:
    November 1, 2011 at 6:00 pm
  6. Comment left on:
    November 1, 2011 at 6:04 pm

    Tomorrow my save is in 1235. We will see. Rebound, i need, so G20 give me a break….Guessing is forbidden, so it makes trading systemhttp://spx500.blogspot.com/

  7. Comment left on:
    November 1, 2011 at 6:14 pm
  8. Comment left on:
    November 1, 2011 at 6:24 pm
  9. Comment left on:
    November 1, 2011 at 6:52 pm
    99er says:
  10. Comment left on:
    November 1, 2011 at 7:23 pm
    99er says:

    SPX Daily
    To bounce or not to bounce?
    http://99ercharts.blogspot.com/2011/11/spx_1944.html

  11. Comment left on:
    November 1, 2011 at 9:06 pm
    Anonymous says:

    Cobra, I think one of your famous rule/signal based CPCE seemed to have confirmed the down trend in the short term.

    • Comment left on:
      November 2, 2011 at 10:28 pm
      Cobra says:

      nope, you have to wait until 7:30pm ET. CPCE chart on stockcharts always wrong until 7:30pm ET.

  12. Comment left on:
    November 1, 2011 at 9:16 pm
    99er says:

    In Case You Missed This

    “Unless the European Central Bank step in very soon and on a massive scale to
    shore up Italy, the game is up. We will have a spectacular smash-up.”

    http://www.independent.ie/opinion/analysis/ambrose-evanspritchard-why-the-greek-decision-means-a-complete-unravelling-of-last-weeks-deal-2922679.html

  13. Comment left on:
    November 2, 2011 at 6:37 am
  14. Comment left on:
    November 2, 2011 at 7:54 am
    Anonymous says:

    As always, my appreciation for your work is boundless.

    I have a question about the Impulse System.  When it gets stopped out, but would otherwise still be long or short (i.e., it was long before it got stopped out yesterday, so would still be long if the stop price hadn’t been reached), what criteria does it look for for its next signal?  In other words, are these criteria different than if the system had started the day neutral?

    • Comment left on:
      November 2, 2011 at 9:19 am
      Cobra says:

      When the long gets stopped out, the system remains in buy mode, so it will try to buy the next dip or breakout.

      Only when a short is initiated, the system will then enter into sell mode, in this case it will try to sell the next bounce or breakdown in case the current short gets stopped out.

      • Comment left on:
        November 2, 2011 at 10:21 am
        Anonymous says:

        Thanks.

  15. Comment left on:
    November 2, 2011 at 2:08 pm
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