02/17/2012 Trading Signals


Cobra's Market View Private Messaging System shows:


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

The bottom line, the seasonality is bearish for the next week (I’ll update the seasonality info in Trader’s Calendar on the main page later), but I guess nobody would believe this anyway. Right now, the most important thing is to enjoy your long weekend!

Those who follow the Cobra Impulse System, because the SSO daily low is above the entry price entered on 02/13, so officially it’s time to close all today. You can keep a tiny little to ride the trend up of course, which is what the pyramid is really intended for.

  • To demonstrate the pyramid feature, I keep 50 shares with breakeven stop loss in the demo account, see highlighted area.
  • The chart below also demonstrated the “pyramid” features introduced for this enhanced version of Cobra Impulse System. Statistically, out all pyramid position whenever a breakeven stop loss can be set is better than simply keep adding the pyramid positions. In reality, however, you always have the option to keep partial pyramid position to ride the trend and this is intended in my original design. I don’t want to make the program complicated, that’s why I simply assume the pyramid positions are all out every time, after all, machine cannot handle the exit as smart as you human.

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11 Comments on "02/17/2012 Trading Signals"
  1. Comment left on:
    February 17, 2012 at 5:03 pm
    afeifollow says:

    thx,ding

    • Comment left on:
      February 17, 2012 at 8:11 pm
      alys says:

      Who’s ding?

      • Comment left on:
        February 17, 2012 at 10:00 pm
        Cobra says:

        It’s Chinese, means “up” (assume we’re in the forum, so your reply will up the post to the top).

        • Comment left on:
          February 18, 2012 at 8:42 pm
          shumushu says:

          The official word is “bump”, I didn’t know ding is for Chinese lol =)

          • Comment left on:
            February 18, 2012 at 11:21 pm
            Cobra says:

            LOL

    • Comment left on:
      February 17, 2012 at 9:58 pm
      con_tra says:

      Yeah, who’s ding?

      • Comment left on:
        February 17, 2012 at 10:00 pm
        Cobra says:

        See reply below.

  2. Comment left on:
    February 17, 2012 at 6:39 pm
    uempel says:

    BPNYA up 0.76%, BPSPX up 0.71%, BPCOMPQ down 0.10% and all other indices flat. BPSPX chart shows a breakout at 83 and resistance at 86.

  3. Comment left on:
    February 18, 2012 at 9:26 am
    speck says:

    This is the moment of truth. I’ll be shorting futures on Monday above Friday’s high given the opportunity.

  4. Comment left on:
    February 18, 2012 at 2:59 pm
    Allan Sun says:

    All bears will been doomed on Monday! Several good news over the weekend:

    1. China started to ease;
    2. Greek deal will be done.

  5. Comment left on:
    February 19, 2012 at 8:02 pm
    CostBasis says:

    Here’s why I think we’re at some sort of short-term top based on breadth charts:

    * Many cumulative advance/decline lines have just broken the trend-line from December.
    * Percentage of stocks above their 200d MA is testing a long-term trend-line.
    * Percentage of stocks above their 40d MA has already peaked a week ago.
    * Percentage of stocks 1 stddev above 200d MA could be testing a long-term trend-line soon.
    * Percentage of stocks 1 stddev above 40d MA has already peaked 2 weeks ago.
    * Percentage of stocks 2 stddev above 200d MA has peaked and is bouncing off a trend-line.
    * Percentage of stocks 2 stddev above 40d MA has already peaked 2 weeks ago and has crashed.

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