03/02 – ETF Trading – FXI, FXP

Good morning. FXI moved higher yesterday and you took your first short position in the etf trade. Take your second short position should FXI close higher today. Otherwise, our exit signals are triggered when the etf price closes lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30.

FXP moved lower yesterday and you took your first long position in the trade. Should FXP move lower today, take your second long position. Otherwise, our exit signals are triggered when the etf price closes higher than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70.

Updated charts are posted below. All trades are at the market close. Please trade responsibly!

Join me everyday to follow these 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.

• 07/09 - ETF Trading - XLU, SDP, SPY, SDS XLU closed higher yesterday, enough to trigger taking a second short position. Take a third and final short trading position only if the closing price of XLU moves higher from here. Follow the signals for XLU to make the third and final etf trade for SDP, as well. SPY closed......
• 11/02 - ETF Trading - IWM, UWM FXI closed higher yesterday, negating a trading opportunity. We'll wait another time to trade FXI. IWM closed lower yesterday, generating an etf trading opportunity based on our etf trading signals. Consider taking a long position in IWM should the etf close lower today. For a leveraged trade, consider UWM. However,......
• 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......

• Inflation and Currency Protection in Your Portfolio This just a quick investment tip for you to consider over the weekend. It addresses two problems that will confront your money and your portfolio in the coming months:  inflation and devaluation of the dollar. These problems are real and they could become acute in a hurry. Apart from gold......
• Equity Trading Sales While there are plenty of day-in-the-life and week-in-the-life stories detailing what you do in investment banking, there’s surprisingly little information on sales & trading. We started to fix that problem by looking at what you do in fixed income – besides bankrupting your firm and causing the economy to......
• Tips for Investing Online The concept of doing your investing online through the use of an online web portal has truly revolutionized everything that financial trading is all about, especially in stock exchanges and in the FOREX market. Availability of resources like quick internet connectivity and portable laptop computers has made it even simpler......