10/07 – ETF Trading – FXI

Good morning. We took a nice 2.98% gain as FXI moved higher still yesterday, exiting the trade on the RSI(2)>70 signal. Recall that we entered the position on 9/24 and then scaled-in to the trade over the past week – all for a nice gain!

No other trades to suggest today. Tune in every day to get the latest stock trading set-ups and to follow the trading action.

All of these etf trading ideas are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. All stock trades are at the market close.

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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.

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  • ETF Trading - SLV, EWJ OK, lets's get started trading. Based on the strategies found in High Probability ETF Trading, we have 2 trading candidates today: SLV EWJ Both stocks are above their 200 day moving average, and with RSI(2) scores below 3, this suggests that these etfs are oversold. Look to enter a position......
  • 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.......
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