|
THE SHORT-TERM TREND IS DOWN, I HOLD PARTIAL SHORT POSITION OVERNIGHT
Sorry for the later update, I was at airport picking my wife and daughter. The bottom line, a strong down day like today it’s very rare the low was in so buckle up for more turbulences ahead.
A little bullish biased toward tomorrow for 3 reasons:
VIX rose more than 24% on a single day, buy at today’s close sell at close tomorrow, you’ll have 87% chances since the last 2,000 trading days.
TICK closed below 1,000, 10 out of 14 times (71%) a green day the next day.
42 out of 66 times (64%) a green day the next after a Major Distribution Day.
Cobra Impulse System once again asks to tighten the stop loss.
| MECHANICAL TRADING SIGNALS |
| SPY SYSTEM |
ENTRY |
STOP LOSS |
Current 2*ATR(10) value: SSO=9%; SDS=7%; UPRO=18%;SPXU=13% |
| Non-Stop |
08/02 S |
N/A |
Short is for aggressive traders only. |
| Cobra Impulse |
08/04 S |
*08/08 Highs |
*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 |
| 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 |
|
|
|
|
| SDS |
08/04/2011 |
$23.13 |
100 |
$21.51 |
08/04/2011 |
$24.00 |
87.00 |
|
| LAST |
|
|
|
|
|
|
2248.50 |
|
| SUM |
|
|
|
|
|
|
2399.50 |
|
|
- $300 max loss allowed per trade. For fun only.
- LAST = Year to the last month balance. SUM = Year to date realized gains/losses.
|
| 
狗仔卡
发表于 2011-8-8 06:01 PM
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
发表于 2011-8-8 06:04 PM
