Cobra (aka Viper Crude) by David Bean
Description
Cobra (originally Viper with a name change on October 17, 2011) is a trending day trading strategy that trades stock index futures, euro currencies, bonds, and crude oil. This original strategy was developed at the end of 2005 for stock index futures using internal market mechanisms. The modified version also trades bonds, euro currencies, crude oil, and spy ETFs. I consider Cobra to be my flagship trading system based on the fact that it works so well in a wide range of markets with very little changes to the trading system for different market sectors. He trades in the following markets: e-mini S&P, e-mini russell, e-mini midcap, crude oil i.e. oil, currencies, euro and forex futures, 30-year T-bonds, and real-time spy … How does Cobra work? The details of the strategy are the property of the company. In general, I am combining my own pattern-based entry technique as well as my own trend indicator. If the trend is up, then we make long trades, if there is a long setting of the pattern. If the trend is downtrend, then we make short trades, if there is a short setting of the pattern. The goal is to trade and enter the trend before the trend accelerates, but also to make sure we have the correct trend. We are not going to name the tops and bottoms, but can be described as “average trend search” and get a part of the trend somewhere in the middle. This is a day trading strategy. What is history? When was it developed? In 2005, I developed the Cobra trading system (originally called the Viper) for stock indices with the creation of Cobra I stock indices. In 2008, I decided to reduce the daily risk for traders wishing to quantify the daily risk within the system by limiting the system to one trade. I made a modification to limit it to one trade in Cobra II and also added a profit target. Cobra and Cobra II have the same entry criteria. In 2009, I added Cobra III, which has more selective entry criteria than Cobra I and Cobra II, but like Cobra II, has one entry per day and a profit target. In 2008 and 2009, I also added other markets such as crude oil, Euro futures and forex, and 30-year bonds. The trend indicator for non-stock index markets differs in that the stock index market uses internal elements of the New York Stock Exchange, such as $ TICK, $ ADV, $ DECL, etc. This is the main difference. The trend indicator is the same between non-stock index markets. Forex Trading – Foreign Exchange Rate Want to know more about the Forex market? Foreign currency, or forex, is the conversion of the currency of one country into the currency of another. In a free economy, a country’s currency is valued in accordance with the laws of supply and demand. In other words, the value of a currency can be pegged to the currency of another country, such as the US dollar, or even to a basket of currencies. The value of a country’s currency can also be set by the country’s government. However, most countries freely exchange their currencies for the currencies of other countries, which keeps them in constant fluctuation.
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Course Features
- Lectures 0
- Quizzes 0
- Duration Lifetime access
- Skill level All levels
- Language English
- Students 131
- Assessments Yes
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