THE SHORT-TERM TREND IS UP, UNCONFIRMED, I HOLD TRAPPED SHORT POSITION OVERNIGHT
Used to be bearish for the last 2 trading days of the month, but the trick failed 3 times in a row recently, so not sure if it still works this time or not anymore.
Those who followed the TradingMarkets long setups, just a reminder, the major exit condition is met today. And congratulations for those who were brave enough to follow. Yet again another score!
Those who plan to follow Cobra Impulse System, the short setup is still valid, as long as SPY could break down below today’s low and close in red tomorrow.
MECHANICAL TRADING SIGNALS:
DEMO ACCOUNT FOR SHORT-TERM MODEL:
TICKER |
Entry Date |
Entry |
Share |
Stop Loss |
Exit Date |
Exit |
Profit |
Comment |
SSO |
05/26/2011 |
$53.24 |
200 |
$52.13 |
05/26/2011 |
$53.41 |
34.00 |
|
SDS |
05/25/2011 |
$20.92 |
200 |
$20.21 |
|
|
|
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.
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