05/18 – ETF Trading – EWG

Good morning. EWG closed lower yesterday and you took your second position in the etf trade.

Should EWG close lower today, take your third and final position in the trade. Otherwise, our etf 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.

An updated chart is 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.

—–

Enjoy peace of mind with identity theft protection from LifeLock. www.LifeLock.com

—–

• 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......
• 10/02 - ETF Trading - FXI We've had a great week of 5 winning etf trades. Hopefully, we'll finish strong with FXI. We scaled-in to our third and final position yesterday at the close. Our exit signals are a closing price greater than MA(5) or the RSI(2)>70. It's your call on which exit signal to use.......
• 12/16 - ETF Trading - USO, UCO, FXI The major market indices moved lower yesterday and so did FXI. Add a third trading position should FXI close lower today. Our exit signal is triggered when the RSI(2) of the closing price is greater than 70. Despite the lackluster market yesterday, USO (and UCO) moved higher with the closing......

• Gartman's Rules of Trading Every year Dennis Gartman publishes his "Rules of Trading." Here they are.DENNIS GARTMAN'S NOT-SO-SIMPLE RULES OF TRADING1. Never, Ever, Ever, Under Any Circumstance, Add to a Losing Position... not ever, not never! Adding to losing positions is trading's carcinogen; it is trading's driving while intoxicated. It will lead to ruin.......
• Vanguard Brokerage Services To Offer Free ETF Trades On May 4, 2010 the Vanguard Group announced a dramatically new pricing plan for its Vanguard Brokerage Services wing, which until now had been incredibly uncompetitive and was recommended by almost nobody.  In a move to become more competitive with online discount brokers such as Tradeking and Zecco, Vanguard has......
• Tennis Skills: The Player's Guide Tennis Skills: The Player's Guide is a paperback tennis guide by Tom Sadzeck. This book easily follows the formula which has been successfully used in "Golf Skills", "Hoop Drills" and "Soccer Skills", and Tennis Skills: The Player's Guide is doing an excellent job of providing an in depth look at......