08/19/2011 Trading Signals

THE SHORT-TERM TREND IS DOWN, I HOLD BOTH LONG (TRAPPED) AND SHORT OVER THE WEEKEND

The bottom line, it’s very rare today’s low is the low.

No idea about the next Monday, seasonality seems not very bull friendly.

Cobra Impulse System is trying to buy dip here if break above today’s high and close in green the next Monday.

Enjoy your weekend!

MECHANICAL TRADING SIGNALS

SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=15%; SDS=12%; UPRO=24%;SPXU=17% Non-Stop 08/02 S N/A Short is for aggressive traders only. Cobra Impulse 08/17 L 1.7*ATR(10) Stopped out of long position on 08/18 with loss. *Long if break above 08/19 high and close green the next Monday. The stop loss is 1.7*ATR(10).

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 SDS 08/19/2011 $26.70 100 $23.50 Hold until the 1st failure, not because it’s safe. SDS 08/18/2011 $25.52 100 $22.46 08/19/2011 $26.81 129.00   SSO 08/17/2011 $42.60 50 $37.49 Not a new setup, just a buyback of 08/16 longs. SSO 08/16/2011 $42.82 50 $35.54 08/17/2011 $43.40 29.00   SSO 08/15/2011 $42.86 50 $35.14 08/15/2011 $43.26 20.00   SSO 08/11/2011 $40.16 50 $32.93 08/11/2011 $41.53 68.50 Position too small to split, could hold overnight. SDS 08/08/2011 $25.94 100 $23.61 08/08/2011 $26.58 64.00 Had to leave earlier today so sold too soon. SDS 08/04/2011 $23.13 100 $21.51 08/09/2011 $28.35 522.00   SDS 08/04/2011 $23.13 100 $21.51 08/04/2011 $24.00 87.00   LAST   2248.50   SUM   3159.00

$300 max loss allowed per trade. For fun only. LAST = Year to the last month balance. SUM = Year to date realized gains/losses.