THE SHORT-TERM TREND IS UP, I HOLD LONG POSITION OVERNIGHT
Bullish biased toward tomorrow as it’s the most bullish day of the week – bullish Thursday.
Those who follow Cobra Impulse System, now it’s time to tighten your stop loss.
| MECHANICAL TRADING SIGNALS |
| SPY SYSTEM |
ENTRY |
STOP LOSS |
Current 2*ATR(10) value: SSO=5%; SDS=6%; UPRO=7%;SPXU=9% |
| Non-Stop |
06/30 L |
N/A |
|
| Cobra Impulse |
06/29 L |
*07/06 Low |
*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 |
07/06/2011 |
$54.22 |
100 |
$51.51 |
07/06/2011 |
$54.34 |
12.00 |
|
| SSO |
07/01/2011 |
$53.90 |
100 |
$51.21 |
07/01/2011 |
$54.50 |
60.00 |
New stop loss strategy: 2*ATR(10) used. |
| SSO |
06/22/2011 |
$50.30 |
50 |
$50.73 |
|
|
|
|
| LAST |
|
|
|
|
|
|
1905.00 |
|
| SUM |
|
|
|
|
|
|
1977.00 |
|
|
- $300 max loss allowed per trade. For fun only.
- LAST = Year to the last month balance. SUM = Year to date realized gains/losses.
|
