09/22 – ETF Trading – IWM, TWM

Ok. To review, we have a full short trading position in IWM which closed lower yesterday. We are patiently waiting for our etf exit signals to trigger.

Our exit signals are triggered when the closing price for IWM is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. We’re using the latter signal.

Exit the trade in TWM on the signals for IWM.

All etf trades are at the market close. Please trade responsibly.

Professionals and individual traders are flocking to ETFs. In Short Term Trading Strategies That Work, Larry Connors teaches you some of his best strategies to trade popular ETFs like the SPYs, QQQQ’s and many of the more actively traded ETFs. You’ll have in your possession statistically backed ETF strategies you’ll be able to apply for years to come.

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