Live Update

Friday, September 16, 2011

09/16/2011 Trading Signals

SHORT-TERM MODEL SEES AN UPTREND, HOLDING BOTH LONG AND SHORT (TRAPPED) OVER THE WEEKEND

The bottom line, SPX under MA(200) and up 5 days in a row is not a reason to sell. See chart below, the next Monday has actually 70% chances to close in green since the last 5,000 trading days.

2

Enjoy your weekend!

MECHANICAL TRADING SIGNALS
SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=10%; SDS=11%; UPRO=14%;SPXU=17%
Non-Stop 08/25 L N/A Long is risky when long term signals are on the sell side.
Cobra Impulse 09/07 L Breakeven  
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 09/15/2011 $43.00 50 $38.27 09/15/2011 $43.53 26.50  
SSO 09/14/2011 $41.45 50 $38.27  
SSO 09/13/2011 $40.51 50 $35.65 09/13/2011 $40.88 18.50  
SDS 09/13/2011 $24.03 100 $21.39    
SDS 09/02/2011 $24.35 100 $21.43 09/13/2011 $23.48 3.00  
SDS 09/01/2011 $22.94 100 $19.96 09/01/2011 $23.01 7.00  
SSO 08/30/2011 $44.09 50 $38.69 09/12/2011 $38.69 -270.00 Gap down, manual stop loss used.
LAST   2935.00  
SUM   2720.00  
  • $300 max loss allowed per trade. For fun only.
  • LAST = Year to the last month balance. SUM = Year to date realized gains/losses.
blog comments powered by Disqus

Disclaimer

The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.