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:
|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: