Cobra's Market View: 06/24/2011 Trading Signals

Friday, June 24, 2011

06/24/2011 Trading Signals

THE SHORT-TERM TREND IS NOT CLEAR, I HOLD BOTH LONG (TRAPPED) AND SHORT (TRAPPED) OVER THE WEEKEND

I have no idea what the market is doing other than the intermediate-term is still down. Seasonality surrounding the Independence Day is mostly bullish, just looks like most Mondays recently are not very bull friendly.

Enjoy your weekend!

MECHANICAL TRADING SIGNALS:

	TREND	MOMENTUM	COMMENT
Long-term	2 of 2 BUY
Intermediate	4 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~~	~~06/15 High~~	Stopped out on 06/21 with gains.

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER	Entry Date	Entry	Share	Stop Loss	Exit Date	Exit	Profit	Comment
SDS	06/23/2011	$22.45	100	$21.34				Trend unclear, half positioned.
SSO	06/22/2011	$50.30	50	*$48.02				Sharp gap down, manual stop loss used.
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.

THE SHORT-TERM TREND IS NOT CLEAR, I HOLD BOTH LONG (TRAPPED) AND SHORT (TRAPPED) OVER THE WEEKEND

Enjoy your weekend!

MECHANICAL TRADING SIGNALS:

	TREND	MOMENTUM	COMMENT
Long-term	2 of 2 BUY
Intermediate	4 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~~	~~06/15 High~~	Stopped out on 06/21 with gains.

DEMO ACCOUNT FOR SHORT-TERM MODEL:

TICKER	Entry Date	Entry	Share	Stop Loss	Exit Date	Exit	Profit	Comment
SDS	06/23/2011	$22.45	100	$21.34				Trend unclear, half positioned.
SSO	06/22/2011	$50.30	50	*$48.02				Sharp gap down, manual stop loss used.
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.