THE SHORT-TERM TREND IS UP, I HOLD NO POSITION OVERNIGHT
Mixed signals for tomorrow. On one hand, FOMC usually is bullish but on the other hand the NYADV is way too high which had a little bearish edge.
The short position held by Cobra Impulse System was stopped out today but there’s a potential short setup for tomorrow, see table below.
MECHANICAL TRADING SIGNALS:
DEMO ACCOUNT FOR SHORT-TERM MODEL:
| TICKER | Entry Date | Entry | Share | Stop Loss | Exit Date | Exit | Profit | Comment | | SSO | 06/21/2011 | $50.35 | 100 | $48.06 | 06/21/2011 | $51.10 | 75.00 | | | SDS | 06/20/2011 | $22.06 | 100 | $21.54 | 06/21/2011 | $21.46 | -60.00 | Not fully positioned, may add on the way up. | | SDS | 06/16/2011 | $22.37 | 200 | $21.54 | 06/16/2011 | $22.65 | 56.00 | | | SDS | 06/15/2011 | $22.23 | 100 | $21.54 | 06/20/2011 | $22.29 | 6.00 | Not fully positioned, may add on the way up. | | 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 | 06/15/2011 | $22.58 | 18.00 | 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 | | | | | | | 2016.00 | | |
- $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.
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