Live Update

Monday, August 22, 2011

08/22/2011 Trading Signals


The bottom line, I think the market is more likely to continue down from here.

The long setup mentioned on 08/19 not confirmed today but Cobra Impulse System still is trying to buy dip here if break above today’s high and close in green tomorrow.


SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=14%; SDS=12%; UPRO=23%;SPXU=17%
Non-Stop 08/02 S N/A Short is for aggressive traders only.
Cobra Impulse *Long if break above 08/22 high and green tomorrow. 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.
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