10/18/2011 Trading Signals

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

First of all, since www.cobrasmarketview.com is really a long name that either hard to remember or the “s” could be easily missed, so for your conveniences, I registered 2 more name today, the www.cobrav.com for you to remember and the www.cobramarketview.com in case you missed the “s”. Both redirect automatically to www.cobrasmarketview.com. Hopefully you all like the idea.

The bottom line, I have no good feelings at least for the short-term. Will present my witness in tonight’s report.

AAPL missed, assuming tomorrow it still gaps down, which then confirms the 3 Push Up pattern I talked yesterday, therefore we shall see a 2 legged down from here. The chart below is for direction only, not reflecting the actual price and time.

MECHANICAL TRADING SIGNALS

SPY SYSTEM	ENTRY	STOP LOSS	2*ATR(10) value: SPY=5%,SSO=10%,SDS=12%,UPRO=14%,SPXU=18%. See HERE for how to use.
Non-Stop	10/11 L	N/A
Cobra Impulse	10/14 L	1.7*ATR(10)

15 Comments

Anonymous on October 18, 2011 at 5:33 pm

sorry but i had to show this trade, don’t try to read too much into it.
in no way an ordinary trade.
made 4 pts. in 5 seconds = 197.60 after commissions
too bad i was only trading one contract.
i’m a scalper and have many trades that are less than a minute.
but 4 pts in 5 seconds is a new record….

Anonymous on October 18, 2011 at 11:31 pm

Well done!

Anonymous on October 18, 2011 at 5:53 pm

AAPL AH is 390’s, your chart is 387. not much room to down. so can we buy dip?

Cobra on October 18, 2011 at 6:47 pm

you must be kidding me. didn’t I say it’s for direction only? 🙂
Anonymous on October 18, 2011 at 7:17 pm

Thanks.
my fault. 3 Push Up pattern hints reversal.

frank on October 18, 2011 at 6:04 pm

thanks

Anonymous on October 18, 2011 at 7:14 pm

As financials (XLF) go, so does the S&P? XLF divergence from S&P was a nice indicator of a stock market top.

EvilTrader on October 18, 2011 at 7:21 pm

Cobra, what about the NYMO negative divergence ??

Seems like a very reliable top signal to me.

Cobra on October 18, 2011 at 9:45 pm

No NYMO negative divergence. Well, just tiny small one. You can check the history, NYMO positive divergence mattered but not negative divergence because by default the market is always up.

gerald langelier on October 18, 2011 at 8:00 pm

AAPL Fibo…
http://astrofibo.blogspot.com/2011/10/aapl-fibo_18.html

gerald langelier on October 18, 2011 at 8:01 pm

SP500 Time Ratio…
http://astrofibo.blogspot.com/2011/10/sp500-fibo_18.html

uempel on October 18, 2011 at 8:55 pm

Check the blue grid line on the 10-year and on the close up: a jump over 1225 will be meaningful:

Cobra on October 18, 2011 at 9:44 pm

Nice chart, thanks and welcome back. We had so many guys refreshing the web at the same time today almost crashed the sever. A few more days like today, then my web server would be the history. 🙂 Strangely the most people online didn’t make a new record though.

Anonymous on October 18, 2011 at 9:12 pm

from support back to resistance on the ndx. When it breaks one way or the other then get on boarded!

Anonymous on October 18, 2011 at 11:59 pm

THX

Anonymous on October 18, 2011 at 5:33 pm

sorry but i had to show this trade, don’t try to read too much into it.
in no way an ordinary trade.
made 4 pts. in 5 seconds = 197.60 after commissions
too bad i was only trading one contract.
i’m a scalper and have many trades that are less than a minute.
but 4 pts in 5 seconds is a new record….
- Anonymous on October 18, 2011 at 11:31 pm
  
  Well done!
Anonymous on October 18, 2011 at 5:53 pm

AAPL AH is 390’s, your chart is 387. not much room to down. so can we buy dip?
- Cobra on October 18, 2011 at 6:47 pm
  
  you must be kidding me. didn’t I say it’s for direction only? 🙂
- Anonymous on October 18, 2011 at 7:17 pm
  
  Thanks.
  my fault. 3 Push Up pattern hints reversal.
frank on October 18, 2011 at 6:04 pm

thanks
Anonymous on October 18, 2011 at 7:14 pm

As financials (XLF) go, so does the S&P? XLF divergence from S&P was a nice indicator of a stock market top.
EvilTrader on October 18, 2011 at 7:21 pm

Cobra, what about the NYMO negative divergence ??

Seems like a very reliable top signal to me.
- Cobra on October 18, 2011 at 9:45 pm
  
  No NYMO negative divergence. Well, just tiny small one. You can check the history, NYMO positive divergence mattered but not negative divergence because by default the market is always up.
gerald langelier on October 18, 2011 at 8:00 pm

AAPL Fibo…
http://astrofibo.blogspot.com/2011/10/aapl-fibo_18.html
gerald langelier on October 18, 2011 at 8:01 pm

SP500 Time Ratio…
http://astrofibo.blogspot.com/2011/10/sp500-fibo_18.html
uempel on October 18, 2011 at 8:55 pm

Check the blue grid line on the 10-year and on the close up: a jump over 1225 will be meaningful:
- Cobra on October 18, 2011 at 9:44 pm
  
  Nice chart, thanks and welcome back. We had so many guys refreshing the web at the same time today almost crashed the sever. A few more days like today, then my web server would be the history. 🙂 Strangely the most people online didn’t make a new record though.
Anonymous on October 18, 2011 at 9:12 pm

from support back to resistance on the ndx. When it breaks one way or the other then get on boarded!
Anonymous on October 18, 2011 at 11:59 pm

THX

15 Comments

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