THE SHORT-TERM TREND IS DOWN, NOT CONFIRMED THOUGH, I HOLD BOTH LONG (TRAPPED) AND SHORT (TRAPPED) OVER THE WEEKEND
No idea about the next Monday. Seasonality is a little bearish biased but on SPY 60 min chart, the ChiOsc is low and a Head and Shoulders Bottom could be in the forming so really hard to call the next Monday. Guess we’ll have to wait and see AGAIN.
Enjoy your weekend!
MECHANICAL TRADING SIGNALS:
DEMO ACCOUNT FOR SHORT-TERM MODEL:
| TICKER | Entry Date | Entry | Share | Stop Loss | Exit Date | Exit | Profit | Comment | | SSO | 05/20/2011 | 54.61 | 100 | $52.74 | | | | | | SSO | 05/18/2011 | 54.27 | 100 | $52.74 | 05/18/2011 | 54.65 | 38.00 | | | SDS | 05/16/2011 | $20.51 | 400 | $19.97 | | | | | | SDS | 05/13/2011 | $20.38 | 300 | $19.97 | 05/13/2011 | $20.43 | 15.00 | Half positioned. | | SSO | 05/12/2011 | $54.70 | 50 | $53.49 | 05/12/2011 | $55.26 | 28.00 | | | SSO | 05/10/2011 | $55.50 | 50 | $55.12 | 05/10/2011 | $55.99 | 24.50 | | | SDS | 05/09/2011 | $20.40 | 300 | $19.47 | 05/12/2011 | $20.44 | 12.00 | | | SSO | 05/06/2011 | $55.49 | 50 | $53.49 | 05/12/2011 | $55.18 | -15.50 | Half positioned. | | SDS | 05/06/2011 | $20.17 | 200 | $19.47 | 05/06/2011 | $20.40 | 46.00 | Half positioned. | | SDS | 05/04/2011 | $20.12 | 200 | $19.47 | 05/09/2011 | $20.25 | 26.00 | Half positioned. | | SDS | 05/03/2011 | $19.94 | 300 | $19.47 | 05/03/2011 | $19.98 | 12.00 | Half positioned. | | SSO | 04/20/2011 | $53.62 | 100 | $54.73 | 05/04/2011 | $54.73 | 111.00 | | | LAST | | | | | | | 1387.00 | | | SUM | | | | | | | 1687.00 | | |
- $200 max loss allowed per trade. For fun only.
- LAST = Year to the last month balance.
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