THE SHORT-TERM TREND IS UP, I HOLD LONG POSITION OVERNIGHT
Bullish biased toward tomorrow as it’s the most bullish day of the week – bullish Thursday.
Those who follow Cobra Impulse System, now it’s time to tighten your stop loss.
| MECHANICAL TRADING SIGNALS |
| SPY SYSTEM | ENTRY | STOP LOSS | Current 2*ATR(10) value: SSO=5%; SDS=6%; UPRO=7%;SPXU=9% | | Non-Stop | 06/30 L | N/A | | | Cobra Impulse | 06/29 L | *07/06 Low | *Adjust stop loss. | |
| DEMO ACCOUNT FOR SHORT-TERM MODEL (Attention: This is not part of Cobra Impulse System) |
| TICKER | Entry Date | Entry | Share | Stop Loss | Exit Date | Exit | Profit | Comment | | SSO | 07/06/2011 | $54.22 | 100 | $51.51 | 07/06/2011 | $54.34 | 12.00 | | | SSO | 07/01/2011 | $53.90 | 100 | $51.21 | 07/01/2011 | $54.50 | 60.00 | New stop loss strategy: 2*ATR(10) used. | | SSO | 06/22/2011 | $50.30 | 50 | $50.73 | | | | | | LAST | | | | | | | 1905.00 | | | SUM | | | | | | | 1977.00 | | |
- $300 max loss allowed per trade. For fun only.
- LAST = Year to the last month balance. SUM = Year to date realized gains/losses.
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