Cobra's Market View

Hi Cobra,

So after MDD we went directly up and after MAD we went directly down. how r the odss on that?
the algos are really screwing everyone.

SPY might top out at the 125.42$ range.

waverider wrote:Qs looking like a bullish close

eur/usd broke out too.....

lol

http://www.zerohedge.com/news/meet-feds ... isor-cobra

The reverse came in at a good time. Hit 125.4, possibly heading to 125.6. Good call Cobra

r0wr wrote:The reverse came in at a good time. Hit 125.4, possibly heading to 125.6. Good call Cobra

looks like the 3:30 stairway to heaven has begun......about the only thing that can stop it would be me going long

SigmaEcho wrote:Hi Cobra,

So after MDD we went directly up and after MAD we went directly down. how r the odss on that?
the algos are really screwing everyone.

if signals always work as it should be, then you guys don't need my crystal ball anymore. Simply because of those exceptions, so that I still have the job, right?

OK, very small bar tested the low (i wouldn't say my back test the low failed, just it's very small), I think we shall see 2 legged up. This is the 1st leg up.

Finishing above the lows gives a good setup for a gap down. Currently, I have a 51% probability of a gap down.

Petsamo wrote:Finishing above the lows gives a good setup for a gap down. Currently, I have a 51% probability of a gap down.

51% is roulette?

That's exactly what I was thinking......

tdo722 wrote:

Petsamo wrote:Finishing above the lows gives a good setup for a gap down. Currently, I have a 51% probability of a gap down.

51% is roulette?

tdo722 wrote:

Petsamo wrote:Finishing above the lows gives a good setup for a gap down. Currently, I have a 51% probability of a gap down.

51% is roulette?

No, ownership.

Cobra wrote:OK, very small bar tested the low (i wouldn't say my back test the low failed, just it's very small), I think we shall see 2 legged up. This is the 1st leg up.

Cobra, Pl tell us that you will give the big "GO" today, either long or short..

note squeezie WMT and MRK
spy can't yet get it up above vwap

resistance.

http://www.zerohedge.com/news/meet-feds ... isor-cobra

tdo722 wrote:

Petsamo wrote:Finishing above the lows gives a good setup for a gap down. Currently, I have a 51% probability of a gap down.

51% is roulette?

Yes, 51% probability is a lousy probability. But if you have something you're afraid to lose, take profits. I certainly wouldn't hold TNA overnight.

fibo618 wrote:

Cobra wrote:OK, very small bar tested the low (i wouldn't say my back test the low failed, just it's very small), I think we shall see 2 legged up. This is the 1st leg up.

Cobra, Pl tell us that you will give the big "GO" today, either long or short..

I did nothing today. well, actually, I put buy stop twice today to short SPX but didn't get filled, so did nothing today.

You shouldn't follow my intraday move which I'm not ready to give signal yet, but for daily signals, I'm pretty clear in daily Trading Signals and Portfolio report. All systems are back tested to make sure very high winning rate (please note: very high winning rate doesn't guarantee to make money, you should be clear that). Use them as your direction guidance. Officially, I cannot give any direct buy or sell signals, all are for fun.

L_T wrote:That's exactly what I was thinking......

tdo722 wrote:

Petsamo wrote:Finishing above the lows gives a good setup for a gap down. Currently, I have a 51% probability of a gap down.

51% is roulette?

At what % do you consider it actionable?

OveSentlig wrote: http://www.zerohedge.com/news/meet-feds ... isor-cobra

speaking of ZeroHedge, anyone could get me to exchange links with ZeroHedge? I'm no small web site.