06/14/2011 Trading Signals

THE SHORT-TERM TREND IS UP, NOT CONFIRMED THOUGH, I HOLD TRAPPED SHORT POSITION OVERNIGHT

I’m not convinced the low was in, need see more actions. For tomorrow, chances are high at least won’t be up huge if not red while the day after tomorrow would more likely be red if up tomorrow.

Those who followed the TradingMarkets long setups on 06/03 Trading Signals and 06/06 Trading Signals, most setups were completed today, unfortunately those followed on 06/03 Trading Signals are with losses. Guess that’s the reality we have to live with.

MECHANICAL TRADING SIGNALS: 

	TREND	MOMENTUM	COMMENT
Long-term	2 of 2 BUY
Intermediate	5 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	05/10 S	N/A	Short is for aggressive traders only.
Cobra Impulse	06/01 S	06/09 High

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER Entry Date Entry Share Stop Loss Exit Date Exit Profit Comment SSO 06/14/2011 $50.23 100 $48.64 06/14/2011 $50.45 22.00   SDS 06/13/2011 $22.40 100 $21.54 Not fully positioned, may add on the way up. SDS 06/09/2011 $21.80 100 $21.11 06/10/2011 $22.23 43.00 Not fully positioned, may add on the way up. SDS 06/08/2011 $22.02 200 $21.11 06/08/2011 $22.18 32.00   SDS 06/06/2011 $21.57 100 $21.11 06/13/2011 $22.36 79.00   SDS 06/06/2011 $21.57 200 $20.85 06/06/2011 $21.93 72.00   SDS 06/01/2011 $20.61 100 $20.05 06/03/2011 $21.53 92.00   SSO 05/27/2011 $53.70 100 $52.13 06/02/2011 $52.13 -157.00 Mistakenly closed the 05/26 long, bought back. SDS 05/25/2011 $20.92 200 $20.05 06/02/2011 $21.15 46.00 Not fully positioned, may add on the way up. LAST   1692.00   SUM   1921.00

$200 max loss allowed per trade. For fun only. LAST = Year to the last month balance. The short-term model is not a part of Cobra Impulse System.