[Download Now] David Bean – Cobra (aka Viper Crude)
[Download Now] David Bean – Cobra (aka Viper Crude)
[Download Now] David Bean – Cobra (aka Viper Crude)
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Description
[Download Now] David Bean – Cobra (aka Viper Crude)
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A day-trade strategy that trades stock index futures, euro currency, bonds, and crude oil is called cobra. The original strategy was designed at the end of 2005 for stock index futures. There is a modified version that trades Bonds, Euro Currency, and Crude Oil.
I consider Cobra my flagship trading system because it works so well over a broad range of markets with very little change in the trading system for the different market sectors. The markets it trades are E-mini S&P, E-mini Russell, E-mini Midcap, Crude Oil, E-mini Crude Oil, Euro Currency futures and T-bonds.
How does Cobra work? The strategy’s details are not public. I combine my own pattern based entry technique with my own trend indicator. If the trend is up, we take long trades. If the trend is going down, we take short trades. To ensure that we have the trend correct, the goal is to trade the trend and get in before the trend starts to accelerate. We don’t want to call tops and bottoms, but we do want to find a piece of the trend somewhere in the middle. It’s a day trade strategy.
What is the history? When was it designed?
I designed the cobra trading system in 2005 for the stock indexes and created the cobra I stock indexes. I decided in 2008 to limit the system to one trade in order to reduce the daily risk for traders. I added a profit target and made the modification of limiting it to one trade. The entry criteria for Cobra and Cobra II are the same.
It has one entry per day and a profit target and was added in 2009.
In 2008 and 2009, I added Crude Oil, Euro Currency futures, and 30 Year Bonds.
Since the stock index market use New York Stock Exchange internals, the trend indicator for non stock index markets is different. The trend indicator for non stock markets is the same as the 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 is 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 is 888-739-5110 888-739-5110 888-739-5110 888-739-5110 is 888-739-5110 888-739-5110 888-739-5110 is 888-739-5110 888-739-5110 888-739-5110 is 888-739-5110 888-739-5110 is 888-739-5110 is 888-739-5110 is 888-739-5110 is 888-739-5110 is 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110 888-739-5110
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