The bottom line, the short-term trend is up, but I hold no position overnight.
No clue about tomorrow, but since the trend is still up and the intraday pattern looks like a Bull Flag to me so I’ll assume the trend will continue up? And the target, according to the measured move, could be $128.32.
Demo account for short-term model, $200 max loss allowed per trade. Mechanical trading signal, for fun only.
TICKER |
Entry Date |
Entry Price |
Share |
Stop Loss |
Exit Date |
Exit Price |
Profit |
Comment |
SSO |
01/04/2011 |
$49.02 |
100 |
$47.65 |
01/05/2011 |
$49.38 |
36.00 |
|
SSO |
12/30/2010 |
$48.02 |
100 |
$48.66 |
01/04/2011 |
$48.66 |
64.00 |
|
SSO |
12/30/2010 |
$48.02 |
100 |
$47.44 |
01/03/2011 |
$49.20 |
118.00 |
Partial profit. |
SDS |
12/30/2010 |
$23.88 |
400 |
$23.60 |
01/03/2011 |
$23.30 |
-232.00 |
Gap down, manual stop loss used. |
SUM |
|
|
|
|
|
|
-14.00 |
| |