06/29/2011 Trading Signals

Cobra

THE SHORT-TERM TREND IS UP, I HOLD LONG POSITION OVERNIGHT

Good follow through today, now both short-term and intermediate-term are up, at least the very first dip is buy.

For tomorrow, as discussed in the last night’s report, odds favor a red day.

Those who follow Cobra Impulse System, a long position should be initiated today. The setup had 81% winning rate over the past 2000 trading days. If you missed the entry today, as long as the system still holds the position and you have a better entry, you can enter at any time. Besides, I’ll from now on mention 2nd/3rd/4th/… entries after the initial entry, most likely they’re worse entries but still better than missing the whole trend. You can use all the following entries to pyramid your position as well.

MECHANICAL TRADING SIGNALS: 

	TREND	MOMENTUM	COMMENT
Long-term	2 of 2 BUY
Intermediate	4 of 5 SELL	5 of 5 NEUTRAL	Cobra Impulse in *BUY mode; Non-Stop in SELL mode.
Short-term		5 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	*06/29 L	1.7*ATR(10)	*Long position initiated on 06/29.

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment SDS 06/23/2011 $22.45 100 $21.34 06/29/2011 $21.14 -131.00 Sharp gap down, manual stop loss used. SSO 06/22/2011 $50.30 50 $48.02   SSO 06/21/2011 $50.35 100 $48.06 06/21/2011 $51.10 75.00   SDS 06/20/2011 $22.06 100 $21.54 06/21/2011 $21.46 -60.00 Not fully positioned, may add on the way up. SDS 06/16/2011 $22.37 200 $21.54 06/16/2011 $22.65 56.00   SDS 06/15/2011 $22.23 100 $21.54 06/20/2011 $22.29 6.00 Not fully positioned, may add on the way up. SSO 06/14/2011 $50.23 100 $48.64 06/14/2011 $50.45 22.00   SDS 06/13/2011 $22.40 100 $21.54 06/15/2011 $22.58 18.00 Not fully positioned, may add on the way up. SDS 06/09/2011 $21.80 100 $21.11 06/10/2011 $22.23 43.00 Not fully positioned, may add on the way up. 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 06/13/2011 $22.36 79.00   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   1885.00

$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.

loveorlust

shafa

oldfox

ninemao

thanks!

RedCedar

Cobra V5!!!

Jinan90

账户回到了今年新开张50天时的水平。现在是第101天了（=最近50天白折腾）

6th-Sense

jcw

X中国陆军

CoolMax

spo

谢谢老大！

hifive

skipjack

Ed02

sfbayarea

Cobra 发表于 2011-6-29 16:54
THE SHORT-TERM TREND IS UP, I HOLD LONG POSITION OVERNIGHT

Good follow through today, now both sh ...

need to close long position early  tomorrow morning!

guelder_rose

明天buy dip！

Cobra

sfbayarea 发表于 2011-6-29 17:13
need to close long position early  tomorrow morning!

see my other post, it's very tricky here but let's see tomorrow first.

2001ht09

thanks!

jcs

aimei