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. All trading is at the market close.

All of the etf trades we made this week are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. Get your copy and start making your own winning trades.

Have a great weekend!

etf-trading-fxi-91002

Join me every day as I offer new etf trading strategies for you to follow.

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.

Blog Traffic Exchange

Related Posts
  • 03/10 - ETF Trading - XLE, DIG XLE closed lower yesterday and you took your first long position in the etf trade. An updated chart is posted below. As we discussed yesterday, we'll scale in with up to three 3 positions. So, take a second trading position should XLE close lower today. Otherwise, our exit signals for......
  • 01/06 - ETF Trading - SLV, AGQ SLV closed lower yesterday and you took your first long position in the etf trade. An updated chart is posted below. As we discussed yesterday, we'll scale in with up to three 3 positions. So, take a second trading position should SLV close lower today. Otherwise, our exit signals for......
  • 09/05 - ETF Trading - Gain on SPY, SH, SDS A nice gain on our short trade! Our exit signals for SPY triggered with Friday's sell-off and we took a gain of 2.58% at the close. The inverse trades in SH and SDS yielded gains of 2.59% and 4.95% respectively. Our goal is to produce more winning trades versus losing......
Blog Traffic Exchange

Related Websites
  • An Easy Way To Begin A Home Online Businesses With Turnkey Websites Everyone is wanting to make odds of money online a good way. From the start of Internet people get ways to work with the Internet to make income from your home. The solely thing you should get started can be a Internet network. There are a large number of opportunities......
  • Finding the Best Markets for Swing Trading and Investing A common question I receive is, "How do I find the best markets to trade?" The inquiry comes mostly from stock traders, but it's applicable to futures and forex traders as well. There are several approaches that can be taken. Here are the ones that I use: Use a scanner......
  • How Boat Things Work : An Illustrated Guide by Charlie Wing After Charlie Wing published his book on living aboard, many readers were upset that it really didn't cover the technical aspects of life aboard a ship. So, this new book from Wing was a pleasant surprise, even if the title is decidedly non-technical. However, if you want to know about......