03/17 – ETF Trading – Gains on GLD, UGL

Nice gains on our trade! Markets closed higher and triggered our exit signals for GLD and UGL. We gained 2.11% on GLD and 4.11% on UGL.

Our exit signals were triggered when the etf price moved higher than it’s MA(5), or – for the larger gain – when the RSI(2) moved above 70. We use the latter on our etf trades here.

All trades were at the market close. Updated charts posted below.

Learn how you can make high probability etf trades like this. Get Larry Connors’ best selling book: High Probability ETF Trading. In Chapter 8, you’ll get “An Introduction to TPS – Time, Price, Scale-in.” It’s one of the best performing ETF trading strategies available and used here at ETF-Stock-Trading.com.

No other trades to suggest for today. Happy St. Patrick’s Day!

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