05/27/2011 Trading Signals

Cobra

THE SHORT-TERM TREND IS UP, I HOLD BOTH LONG AND SHORT (TRAPPED) OVER THE WEEKEND

Mixed seasonality for the next Tuesday. On one hand, according to Stock Trader’s Almanac, day after Memorial Day, Dow up 8 of last 11. On the other hand, recently the Monday and Tuesday were mostly not so pleasant (see dashed red lines).

My guess, purely from the chart pattern, we should have at least one more push up the next Tuesday. This push up is critical because if it cannot make a decisive higher high, then there’re some chances that the rebound is over, the 05/25 lows will be revisited.

Those who plan to follow Cobra Impulse System, the short setup is no longer valid today.

Enjoy your long weekend!

MECHANICAL TRADING SIGNALS: 

	TREND	MOMENTUM	COMMENT
Long-term	2 of 2 BUY
Intermediate	5 of 5 SELL	5 of 5 NEUTRAL	Cobra Impulse in SELL mode; Non-Stop in SELL mode.
Short-term		6 of 6 NEUTRAL
SPY SYSTEM	ENTRY	STOP LOSS	INSTRUCTION: back test is HERE, signals are HERE.
Non-Stop	05/10 S	N/A	Short is for aggressive traders only.
CI Buy & Hold	05/17 S	N/A
CI Swing

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment SSO 05/27/2011 $53.70 100 $52.13 Mistakenly closed the 05/26 long, bought back. SSO 05/26/2011 $53.24 200 $52.13 05/26/2011 $53.41 34.00   SDS 05/25/2011 $20.92 200 *$20.05 Not fully positioned, may add on the way up. SDS 05/23/2011 $20.93 200 $20.05 05/25/2011 $21.15 44.00   SSO 05/20/2011 $54.61 100 $52.74 05/23/2011 $52.41 -221.00 Gap down, manual stop loss used. SSO 05/18/2011 $54.27 100 $52.74 05/18/2011 $54.65 38.00   SDS 05/16/2011 $20.51 400 $19.97 05/23/2011 $20.88  148.00   SDS 05/13/2011 $20.38 300 $19.97 05/13/2011 $20.43 15.00 Half positioned. SSO 05/12/2011 $54.70 50 $53.49 05/12/2011 $55.26 28.00   SSO 05/10/2011 $55.50 50 $55.12 05/10/2011 $55.99  24.50   SDS 05/09/2011 $20.40 300 $19.47 05/12/2011 $20.44 12.00   SSO 05/06/2011 $55.49 50 $53.49 05/12/2011 $55.18 -15.50 Half positioned. SDS 05/06/2011 $20.17 200 $19.47 05/06/2011 $20.40 46.00 Half positioned. SDS 05/04/2011 $20.12 200 $19.47 05/09/2011 $20.25 26.00 Half positioned. SDS 05/03/2011 $19.94 300 $19.47 05/03/2011 $19.98 12.00 Half positioned. SSO 04/20/2011 $53.62 100 $54.73 05/04/2011 $54.73 111.00   LAST   1387.00   SUM   1692.00

$200 max loss allowed per trade. For fun only. LAST = Year to the last month balance.

nokia

nokia

nokia

oda

当时惘然

ysc

slcgh

dommy

Diver

Cobra 发表于 2011-5-27 17:08
THE SHORT-TERM TREND IS UP, I HOLD BOTH LONG AND SHORT (TRAPPED) OVER THE WEEKEND

Mixed seasonali ...

Is it confirmed now that THE SHORT-TERM TREND IS UP?

Do you think we will see new high first or new low first?

Thank you very much and have a nice weekend.

viewer

1st page!

xiaochong

今天涨了不到6个点，不算大涨吧

源济

whzdf

TNA

Enjoy long weekend !!!!

frogguru

听了老大的分析，可以过个安心的long weekend了

永恒罗马

大牛Steve

cc2265

oldpigwang

蛇大：下周二的decisive higher high 要多高才能使你认为这次的弹不会夭折？