The bottom line, the short-term trend is up. I hold partial long position overnight.
OK, no inertia at least on the downside, let’s see whether it applies on the upside, as a strong up day like today most likely won’t be just a one day wonder, at least a higher high could be expected. Although chances are a little bit higher that we’ll see a gap down tomorrow morning because we’ve had 5 consecutive gap ups.
VIX BB buy setup has confirmed today, let’s see how far it could go this time.
Demo account for short-term model, $200 max loss allowed per trade. Mechanical trading signal, for fun only.
TICKER |
Entry Date |
Entry Price |
Share |
Stop Loss |
Exit Date |
Exit Price |
Profit |
Comment |
SSO |
02/01/2011 |
$51.03 |
50 |
$51.23 |
|
|
|
|
SSO |
02/01/2011 |
$51.03 |
50 |
$49.23 |
02/01/2011 |
$51.46 |
21.50 |
Partial profit to lock SDS losses. |
SDS |
01/31/2011 |
$22.77 |
300 |
$22.09 |
02/01/2011 |
$22.09 |
-204.00 |
|
JAN |
|
|
|
|
|
|
415.00 |
|
SUM |
|
|
|
|
|
|
232.50 |
| |