05/10 – ETF Trading – Blog is Up – EWH
How prophetic – my etf trading blog crashed late last Monday and the markets soon followed! What a dramatic week to miss, too. Thanks for being patient while the site was down.
To get caught up, We’re into a full trading position for EWH, and down in the count.
We’re waiting for the market to move higher from here. Our exit signals are triggered when the etf price is greater than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70.
With the European/Greece bail-out agreement signed last night, the futures and European markets are zooming higher. Hopefully that will carry over to our etf trade so that we can exit with a minimal loss, or perhaps even a gain
All trades are at the market close. Please trade responsibly!
Discover the research behind all of these etf trading signals. Get 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 signals, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading.
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