09/02/2011 Trading Signals

Cobra

THE SHORT-TERM MODEL ARGUES FOR A DOWNTREND, HOLDING TRAPPED LONG AND SHORT OVER THE WEEKEND

I have no idea about the next Tuesday, but the bigger picture as I discussed in the last night report should be clear now as we do get enough price overlap proving what we had so far was (is) merely a rebound. Although till now I cannot exclude the possibility of another push up to at least test the Aug 31 highs but a red Non Farm Payroll day arguing for a possible trend shifting to down from up, should be enough to raise a red flag.

Enjoy your long weekend.

MECHANICAL TRADING SIGNALS

SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=12%; SDS=12%; UPRO=18%;SPXU=18% 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 Stopped out of long position on 09/01 flat.

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 09/02/2011 $24.35 100 $21.43   SDS 09/01/2011 $22.94 100 $19.96 09/01/2011 $23.01 7.00   SSO 08/30/2011 $44.09 50 $38.80   LAST   2935.00   SUM   2942.00

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

nanosensor

Ding

nanosensor

Ding

nanosensor

Ding

nanosensor

Ding

nanosensor

Ding

oldfox

nanosensor

Ding

nanosensor

Ding

xiaochong

班长，both trapped long and trapped short?

ysc

ysc

GoldLover

Thanks

hutong123

班长，both trapped long and trapped short?

新低手

a rebounce ended

recently high violent movement: high uncertainty and hard to hold stocks or etf

jy1029

sexydaytrader

RedCedar

Thanks!!!

silkway

wnd4