Trading Signals:
Because the UUP daily low is above the entry price now so set the stop loss to breakeven and half out. What a difference one day made, yesterday I was talking here about to cut half or to cut full, and today, no need anymore because it’s a winning position now.
Tomorrow, the system will try to short the Russell 2000. Set TZA buy stop at $32.42, stop loss around $26.87. Meanwhile, should the TZA buy stop trigged, close the current TNA long position.
Thanks Cobra. Truly an amazing day. Thanks for all your guidance!
Cobra, the portfolio has been doing great so far! Can we say it’s also a short term model similar to the one for SSO/SDS in your daily signal report? It seems that it changes positions pretty quickly.
No, it’s on daily chart while short-term is on 60 min and 15 min chart.
Seems that the TZA position should be filled. I suppose the position would be 100 shares?
you know how to calculate the size. 🙂
I typed a lot but they’re all gone, so sorry, no more typing. 🙂