THE SHORT-TERM TREND IS UP, I HOLD LONG POSITION OVERNIGHT

I have a little problem with my crystal ball, so need dig more before cooking tonight’s report, for now as far as I can see is Non Farm Payroll day tomorrow WAS generally bullish.

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MECHANICAL TRADING SIGNALS
SPY SYSTEM ENTRY STOP LOSS Current 2*ATR(10) value: SSO=5%; SDS=6%; UPRO=7%;SPXU=9%
Non-Stop 06/30 L N/A
Cobra Impulse 06/29 L 07/06 Low  
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 07/07/2011 $55.46 100 $52.69 07/07/2011 $55.76 30.00  
SSO 07/06/2011 $54.22 100 $51.51 07/06/2011 $54.34 12.00  
SSO 07/01/2011 $53.90 100 $51.21 07/01/2011 $54.50 60.00 New stop loss strategy: 2*ATR(10) used.
SSO 06/22/2011 $50.30 50 *$52.69  
LAST   1905.00  
SUM   2007.00  
  • $300 max loss allowed per trade. For fun only.
  • LAST = Year to the last month balance. SUM = Year to date realized gains/losses.