Cobra's Market View

So far bears have not managed to push SPX below 2066 ...

DellGriffith wrote:

Unique wrote:

DellGriffith wrote:Actually got a buy signal and its paying now. I think my system is at 15-1 at this point. Again, out of the 16 or so signals in the past week, I put money on the only loser...

Post executed trades winrate and not signals?

I don't understand your terminology. Do you want to me to post something to this board or post as in "in the past"?

Post the trades if you've taken the signal so we could learn more from it is what I meant. Want to know if it's executed or waiting for next signal higher probability

PAGING MrMiyagi

Oh you want me to psot on the board the winrate of my executed trades. I'm usually unlucky. My systems are quite good but I just randomly take a few of them and seem to select every loser haha. I have a system for daily SPY macd bullish crosses that won every time until I posted a trade of that system here. That happened about 6 months ago.

The scalp buy acct has 2067.50 as stop now, with 2078 initial target. Will be back later, good luck!

The extreme oversold signal was not confirmed. I still have 30% swing shorts in other account from shorts of 2085-2077 riding for the possible 2060-2042 extension

10:04 AM 12/3/2015
missed FE
drat!!

unsure if I should trade as so late in the morning and most of the energy is gone.

The last daily SPY MACD bullish cross that my system liked was on sept 10th. It paid, selling when price hit the upper bb on sept 17th. My system ignored the bullish cross on october 2nd (which was wrong but you didnt get hurt either). Any bullish cross today would also get ignored.

10:09 AM 12/3/2015
sigh!

daytradingES wrote:10:09 AM 12/3/2015
sigh!

I must say I had a very high admiration on your system.

Short at 208.30

Just got a sell signal.

might be a pullback here but the rebound may have small legs at least.

SPX trying to get back above the critical levels MA 13 and MA 20.

for uber bears… SPX 30m.. messy sloppy orange H&S should we get a weak .. lunch time drift up.. break orange/green 2070.. look for next gap 2050-52, target 2035. fwiw.

DellGriffith wrote:Just got a sell signal.

you have an awesome system!

Closed short 207.78

"umm Houston… we have a problem"…. DXY

ES: The scalp long got out half at 2074.25 and half was stopped at breakeven.

It was a 30min 8EMA rejection, looks like a 2076 vs 2065 shake range for lunch. The bias is still bear train to 2058-2060.

josephli wrote:

daytradingES wrote:10:09 AM 12/3/2015
sigh!

I must say I had a very high admiration on your system.

noticed the past tense "had"

oh well - my ship will come in soon.
Today I would have had to be 100% ready at open - which I wasn't.

Each day it is becoming more clear to me the bear has awoken.

I have little cash and must wait for everything to be right.
Now I'm just waiting for an downwards o/n with a bounce to its mid and then a little down from that.

The ideal would be a little peak just after the open and turn down.
The big ECB swing just before the open was less than ideal. It gave a "low pre out" signal which can be a warning depending on the price level.

as the ECB plunge was -20 points that is a lot of the energy (yesterdays range -28.25)

so o/n high 2095-28.25=2066.75 means 2065.25 soaks up the energy = i.e. equal legs.
You can see how much easier this would be is you had enough money for the o/n entry at 2095
(Got to set that morning alarm even earlier!! hah-hah)
==trade is sim

This morn we retraced 38+% of the rally from the nadir 16 Nov to the zenith 1 Dec.
38+% is a decent correction. Do we need more?
Right now we are bouncing off a double bottom and we just failed at testing resistance at the breakdown marker, and now we re-test the double bottom.
Failing that moves us to the 50% correction level. HOWEVER, there’s not much support until the gap at the 205.50 – 206 zone.

Yellen Q&A live now here: http://www.zerohedge.com/news/2015-12-0 ... -live-feed