THE SHORT-TERM TREND IS UP, I HOLD BOTH LONG (TRAPPED) AND SHORT (TRAPPED) OVERNIGHT
QE3 or no QE3 tomorrow, the chart is arguing a top of some kind is close, if not today, because even it’s the blue arrow cases, meaning no immediate pullback tomorrow and even the next week, eventually SPY all dropped below the blue arrow day.
| MECHANICAL TRADING SIGNALS |
| SPY SYSTEM |
ENTRY |
STOP LOSS |
Current 2*ATR(10) value: SSO=13%; SDS=12%; UPRO=20%;SPXU=19% |
| Non-Stop |
*08/25 L |
N/A |
*Long is risky when long term signals are on the sell side. |
| Cobra Impulse |
08/23 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 |
| SDS |
08/19/2011 |
$26.70 |
100 |
$23.17 |
|
|
|
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.
|
