10/11/2011 Trading Signals

SHORT-TERM MODEL THINKS THE TREND IS UP, HOLDING LONG POSITION OVERNIGHT

I have no idea about tomorrow, according to the TICK MA(3) chart shown last night, more like a red day though. And I have not so good news tonight, so stay tuned.

Cobra Impulse System initiated a long position today and officially switched into a buy mode.

MECHANICAL TRADING SIGNALS

SPY SYSTEM	ENTRY	STOP LOSS	Current 2*ATR(10) value: SSO=11%; SDS=12%; UPRO=15%;SPXU=19%
Non-Stop	*10/11 L	N/A	*Closed short opened on 09/23 and took long on 10/11.
Cobra Impulse	*10/11 L	1.7*ATR(10)	*Long initiated on 10/11.

13 Comments

Anonymous on October 11, 2011 at 4:55 pm

Great calls today Cobra! Well done as always ! 🙂 Looking forward to the not so good news for tonight. I REALLY CANNOT believe the bears are dead.

Anonymous on October 11, 2011 at 4:55 pm

谢谢班长！！！

frank on October 11, 2011 at 5:06 pm

thanks

Anonymous on October 11, 2011 at 5:13 pm

Cobra, didn’t you say that last week, this week and next week are safe for bears? it’s looks like it’s not this way this time

Cobra on October 11, 2011 at 5:19 pm

The week hasn’t ended yet. Plus, it’s just statistically, still sometimes lower odds happens, so I might be wrong.

I don’t insist my judgement if apparently I’m wrong. For now bears still have hopes though.
- Anonymous on October 11, 2011 at 9:46 pm
  
  thanks, i am not trying to oppose your view, just trying to see if the odds are still for bears, as I am trying to adjust my positions, thanks!
  - Cobra on October 11, 2011 at 11:35 pm
    
    I know, thanks. I just explain to you because some people comment me as never clear. So I’m now trying to be a little bit clear (well, frankly, I can never be clear, too difficult for me). And it’s not wrong to oppose me, by the way.

gerald langelier on October 11, 2011 at 5:26 pm

SP500 Update Next Lower High…
http://astrofibo.blogspot.com/2011/10/sp500-next-lower-high.html

gerald langelier on October 11, 2011 at 5:26 pm

RUT Time Ratio…
http://astrofibo.blogspot.com/2011/10/rut-time-ratio.html

Anonymous on October 11, 2011 at 6:30 pm

hey cobra,

again, great site, and i’ll be sad to see it go to paid…but it’s certain deserving. 🙂

AA earnings disappointed and the EFSF vote didn’t pass the Slovak parliament. it’s shaping up to be a red day, or at least morning, however i’m not ever convinced of the bearish side as it obviously takes far less for the bulls to discount bad fundamental news.

i’m looking forward to tonight’s report supporting a potential bearish case as i have a few shorts i’m trapped in. 🙂

keep up the good work,
jarbo456

Cobra on October 11, 2011 at 11:42 pm

What if, I really mean IF, I charge exceptionally low price. Would you consider joining me? I have to compensate my family for supporting me all those years for spending every minutes on the internet, so really I have no choice. What I’m doing now is trying my best to postpone the inevitable. I just hope maybe an exceptionally low price would minimize the damage to my site for changing into a fee based service.
- Anonymous on October 12, 2011 at 3:10 am
  
  You might consider asking for voluntary donations. It could be that you’ll generate more revenue that way than by charging an actual fee.

Anonymous on October 11, 2011 at 10:05 pm

thanks a lot.

13 Comments

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