06/08/2011 Trading Signals

Cobra

THE SHORT-TERM TREND IS DOWN, I HOLD PARTIAL SHORT POSITION OVERNIGHT

The chances for a rebound become higher and higher as day goes by but as I mentioned in today’s intra-day comment, the rebound, if any, most likely is a sell opportunity. I’ll as usual, present my witnesses in tonight’s report.

Wondering what happened whenever SPY down 6 consecutive days? Well, here’s the statistics. Cases are too few to be any meaningful but no harm to know.

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.
Cobra Impulse	06/01 S	06/06 High

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment SDS 06/08/2011 $22.02 200 $21.11 06/08/2011 $22.18 32.00   SDS 06/06/2011 $21.57 100 *$21.11   SDS 06/06/2011 $21.57 200 $20.85 06/06/2011 $21.93 72.00   SDS 06/01/2011 $20.61 100 $20.05 06/03/2011 $21.53 92.00   SSO 05/27/2011 $53.70 100 $52.13 06/02/2011 $52.13 -157.00 Mistakenly closed the 05/26 long, bought back. SDS 05/25/2011 $20.92 200 $20.05 06/02/2011 $21.15 46.00 Not fully positioned, may add on the way up. LAST   1692.00   SUM   1777.00

$200 max loss allowed per trade. For fun only. LAST = Year to the last month balance. The short-term model is not a part of Cobra Impulse System.

ysc

CoolMax

cc2265

waterwater

沉默是金

chickencoop

Thankd

Ed02

3x

Masktear

1st page

oldpigwang

回复 Cobra 的帖子

Cobra: Do you still keep the idea that once the mkt reversal, we'll still go to 1380?

can2000

hu86390216

不知道什么表情 今天无表情

temujin

thanks

匪兵甲

谢班长!

Cobra

oldpigwang 发表于 2011-6-8 17:34
回复 Cobra 的帖子

Cobra: Do you still keep the idea that once the mkt reversal, we'll still go to 1 ...

no. read the weekend report, you'd see me changed the intermediate-term session.

c3456

hifive

Jinan90

今天有些恐慌了，这才本月6个交易日， 账户又回到5月份的低点了。。

wave

MtlJaysFan