01/27 – ETF Trading – EWH, EWZ, SPY, SSO

Major US market indices moved lower yesterday – if ever so slightly. We have a full trading position in EWH and EWZ, and one trading position in SPY and SSO.

Should SPY and/or SSO sell-off strongly and below the price of our initial trade, consider adding a second position. Otherwise, we’re waiting for a market bounce – we’re due for one! Our exit signals are triggered when the etf price is greater than it’s 5 day moving average, or – for a potentially larger gain – when the RSI(2) is greater than 70.

All trades are at the market close. Please trade responsibly!

Join me everyday to follow the etf trading signals. All of the signals and strategies I use for etf trading are found in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day. With easy to follow trading strategies, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading. Get your copy today and be ready for the next trading session.

Disclaimer:The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

• 10/27 - ETF Trading - IWM, UWM, EWC, EWT, EWY Prices for IWM, UWM, EWC, and EWT moved lower at the close yesterday. As a result, we scaled-in to our third and final position for IWM, UWM, and EWC. We scaled-in to our second position for EWT. Should EWT move lower, scale-in to a third and final position at the......
• 01/19 - ETF Trading - EWH, EWZ Good morning. On Friday, EWH moved lower and you took your second position in the etf trade. EWZ also moved lower and you took your first position in the trade. Should these etfs move lower today, take your third position in EWH, and/or second position in EWZ. Otherwise, our exit......
• 01/26 - ETF Trading - EWH, EWZ, SPY, SSO Markets moved higher yesterday - if ever so slightly. We have a full trading position in EWH and EWZ, and one trading position in SPY and SSO. Our exit signals are triggered when the etf price is greater than it's 5 day moving average, or - for a potentially larger......

• Good Forex Trading Education is Important If you want to succeed in any endeavor, you need to have persistence and dedication. Even your daily life requires it because if you're the type of person who is quite lazy and wants to goof around, you'll attain nothing of importance in your life. Ever since you were a......
• 10 Favorite Neologisms & Buzzwords of 2010 I'm a self-confessed word play nut. I love the wordsmith process because it's a constantly evolving process that illustrates new or existing concepts, that describes the etiology of new areas of study, and highlights the evolutionary process of how crowdsourcing and groupthink enriches the English lexicon. Not surprisingly, I bookmark......
• The Pros and Cons of Investing in ETFs In last decade, specialty ETFs (Exchange Traded Funds) are probably the hottest thing to hit Wall Street since the rise of the discount brokers in the mid 1990s. Initially, ETFs were not very popular because they only tracked the performance of a few stock market indices. However, in today's investing......