04/26/2011 Trading Signals

THE BOTTOM LINE, THE SHORT-TERM TREND IS UP, I HOLD LONG POSITION OVERNIGHT.

Bullish biased toward tomorrow. Because:

Tomorrow is FOMC which generally means a green day.

The 3rd last trading day of the month usually is bullish (see green arrows).

INDICATORS AND MECHANICAL TRADING SIGNALS

TREND MOMENTUM COMMENT Long-term 2 of 2 BUY Intermediate 3 of 5 SELL 5 of 5 NEUTRAL Cobra Impulse in SELL mode; Non-Stop in SELL mode. Short-term 6 of 6 NEUTRAL SPY SYSTEM ENTRY STOP LOSS INSTRUCTION: back test is HERE, signals are HERE. Non-Stop 04/15 S N/A Short is for aggressive traders only. CI Buy & Hold 04/18 S N/A CI Swing 04/18 S 2*ATR(10) Stopped out on 04/21 with loss. OTHER ETFS TREND CANDLESTICK COMMENT QQQ & Weekly UP IWM & Weekly UP SSEC & Weekly UP *More weakness would mean downtrend, be careful. EEM & Weekly UP XIU & Weekly DOWN   May see further pullback. TLT & Weekly UP FXE & Weekly UP GLD & Weekly UP GDX & Weekly UP USO & Weekly UP XLE & Weekly UP   XLF & Weekly DOWN *Bear Flag? IYR & Weekly UP XLB & Weekly UP DBA & Weekly DOWN Could see more pullbacks.

* = New update; Blue Text = Link to a chart in my public chart list. UP = Intermediate-term uptrend. Set when weekly buy signal is triggered. DOWN = Intermediate-term downtrend. Set when weekly sell signal is triggered.

DEMO ACCOUNT FOR SHORT-TERM MODEL

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment SSO 04/25/2011 $53.99 100 $52.02 04/25/2011 $54.07 8.00   SSO 04/20/2011 $53.62 100 $52.02 New strategy, always hold. SDS 04/19/2011 $21.54 200 $20.95 04/20/2011 $20.72 -174.00   SDS 04/14/2011 $21.24 100 $20.95 04/20/2011 $20.72 -52.00   SDS 04/13/2011 $21.19 300 $20.62 04/18/2011 $21.54 105.00   SDS 04/12/2011 $21.30 200 $20.45 04/13/2011 $21.40 20.00   SSO 04/11/2011 $53.16 100 $51.38 04/18/2011 $51.37 -179.00   SDS 04/11/2011 $20.93 200 $20.45 04/12/2011 $21.34 82.00   SSO 04/08/2011 $53.47 100 $51.57 04/11/2011 $53.58 11.00   SDS 04/07/2011 $20.71 400 $20.46 04/08/2011 $20.86 60.00 1st short, half positioned. SSO 04/07/2011 $54.35 100 $53.09 04/08/2011 $54.36 1.00   SSO 04/06/2011 $53.93 200 $53.09 04/06/2011 $54.13 40.00   SSO 04/04/2011 $53.74 100 $53.09 04/08/2011 $54.00 26.00   SSO 04/01/2011 $54.00 100 $51.57 04/05/2011 $54.18 18.00   SSO 03/28/2011 $52.02 100 $49.91 04/01/2011 $54.09 207.00   LAST 1158.00   SUM 1331.00

$200 max loss allowed per trade. For fun only. LAST = Year to the last month balance.