08/31/2011 Trading Signals

Cobra

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

One TradingMarkets short setup was triggered today, it had only 68% chances though.

Those who follow Cobra Impulse System, it’s time to set your stop loss to breakeven.

MECHANICAL TRADING SIGNALS

SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=11%; SDS=13%; UPRO=17%;SPXU=20% Non-Stop 08/25 L N/A Long is risky when long term signals are on the sell side. Cobra Impulse 08/30 L *Breakeven *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 08/30/2011 $44.09 50 $38.80   SSO 08/29/2011 $42.90 50 $37.75 08/29/2011 $43.66 38.00   SDS 08/19/2011 $26.70 100 $23.17 08/29/2011 $23.17 -353.00 Hold until the 1st failure, not because it’s safe. SDS 08/18/2011 $25.52 100 $22.46 08/19/2011 $26.81 129.00   SSO 08/17/2011 $42.60 50 $37.75 08/30/2011 $44.42 91.00 Not a new setup, just a buyback of 08/16 longs. SSO 08/16/2011 $42.82 50 $35.54 08/17/2011 $43.40 29.00   SSO 08/15/2011 $42.86 50 $35.14 08/15/2011 $43.26 20.00   SSO 08/11/2011 $40.16 50 $32.93 08/11/2011 $41.53 68.50 Position too small to split, could hold overnight. SDS 08/08/2011 $25.94 100 $23.61 08/08/2011 $26.58 64.00 Had to leave earlier today so sold too soon. SDS 08/04/2011 $23.13 100 $21.51 08/09/2011 $28.35 522.00   SDS 08/04/2011 $23.13 100 $21.51 08/04/2011 $24.00 87.00   LAST   2248.50   SUM   2935.00

$300 max loss allowed per trade. For fun only. LAST = Year to the last month balance. SUM = Year to date realized gains/losses.

Jinan90

开小差

thx, ding

silkway

triestino

thanks

wyjhyd

acoust

Ed02

silkway

Cobra 发表于 2011-8-31 16:49
THE SHORT-TERM TREND IS UP, I HOLD LONG POSITION OVERNIGHT

One TradingMarkets short setup was tri ...

Cobra, do you agree today's market is a bull trap like "old trader" mentioned today?  Thanks

jcs

Thirty-cents

Thanks a lot.

Cobra

silkway 发表于 2011-8-31 17:08
Cobra, do you agree today's market is a bull trap like "old trader" mentioned today?  Thanks{:8_49 ...

define bull trap please. I think Uemple means bull trap to trap bears not trap bulls although officially bull trap means to trap bulls.

noenoe

IMeMyself

Cobra

silkway 发表于 2011-8-31 17:08
Cobra, do you agree today's market is a bull trap like "old trader" mentioned today?  Thanks{:8_49 ...

ok, he means bull trap. I don't know, need see tomorrow.

nanosensor

Thanks

silkway

Cobra 发表于 2011-8-31 17:10
define bull trap please. I think Uemple means bull trap to trap bears not trap bulls although offi ...

I am not sure.  Uemple  said :" If SPX closes lower the move up from 1120 might look like a zigzag and then today's action could be a bull-trap."
I thought Bull  will be trapped from his view, I might misunderstanding his comment.  Thanks for your explain.

silkway

Cobra 发表于 2011-8-31 17:13
ok, he means bull trap. I don't know, need see tomorrow.

Thanks.

匪兵甲

Thanks BanZhang!

jcw