07/01/2011 Trading Signals

Cobra

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

I don’t have good feelings for the next week. Very strong momentum guarantees more on the upside, that’s for true, but if you drive your car over 200 miles per hour on a 50 mile limited road and still accelerating, that’s too much.

At least I don’t expect the next Tuesday to be up much if not red, because TICK closed above 1,000 today.

With no exception, NYADV MA(5) argues for a red Tuesday.

One short setup: SPY up 3 days in a row while volume down 2 days in a row (so called price volume negative divergence), short at today’s close, surprisingly worked well for the past 3 years.

Enjoy your long weekend!

MECHANICAL TRADING SIGNALS: 

	TREND	MOMENTUM	COMMENT
Long-term	2 of 2 BUY
Intermediate	4 of 5 BUY	4 of 5 NEUTRAL	Cobra Impulse in BUY mode; Non-Stop in BUY mode.
Short-term		4 of 6 *OVERBOUGHT
SPY SYSTEM	ENTRY	STOP LOSS	INSTRUCTION: back test is HERE, signals are HERE.
Non-Stop	06/30 L	N/A
Cobra Impulse	06/29 L	Breakeven

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment SSO 07/01/2011 $53.90 100 $51.21 07/01/2011 $54.50 60.00 New stop loss strategy: 2*ATR(10) used. SSO 06/22/2011 $50.30 50 $50.73   LAST   1905.00   SUM   1965.00

$300 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.

donkeygirl

沙发呢

源济

aimei

aimei

dreampen

葡萄柚

那个开车的比喻很形象， 赞 and  

whzdf

dsp

thanks. cut TZA on next Tues. Sold TNA too early and jumped in TZA. :(

maomi

沉默是金

UFO007

sooners

回复 Cobra 的帖子

ding

lilitulip

thanks a lot

vanmark

牛们都盼着下周二跌呢。

jcs

leftright

dbshjb

Ed02

浪淘金

Seems no matter what we do , it is hardly right, and the market are always right.
Thanks for cobra's hard working, Enjoy your long weekend.