02/18 – ETF Trading – FXI, FXP
Put FXI on your watch list today. Consider this etf as a short trade candidate. Should it move higher today, take your first short trading position.
For a leveraged trade, consider FXP. Take your first long position in FXP should it move lower today. Though this etf is below its 200 day moving average, we’re using FXI as the signal bearer.
FXI – The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/Xinhua China 25 index.
FXP – The investment seeks daily investment results, before fees and expenses, which correspond to twice the inverse of the daily performance of the FTSE/Xinhua China 25 index.
All trades are at the market close. Please trade responsibly!
Get up-to-date with all of the etf trading strategies in the book by Larry Connors: High Probability ETF Trading. With easy to follow etf 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.
Updated charts:
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