10/16 – ETF Trading – GLD, SLV, UGL, AGQ

Good morning. Yesterday’s market action gave us some trading signals and potential trade entry points.

Put GLD and SLV on your watch list today. Take an initial position should these move lower today. For a leveraged trade, consider UGL and AGQ. All trades are at the market close.

All of the signals and strategies I use for etf trading are found in the book by Larry Connors: High Probability ETF Trading. 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.

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Join me every day as I offer new etf trading ideas 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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  • 03/12 - ETF Trading - GLD, UGL GLD closed higher yesterday. As such, you did not take the second position in the trade. Likewise for the leveraged etf trade in UGL. Updated charts are posted below. Our trading strategy is to scale in with up to three 3 trading positions, but we'll patiently wait for the market......
  • 10/19 - ETF Trading - GLD, SLV, UGL, AGQ, EWJ, EWY Good morning. Prices for our Friday etf watch list all moved higher. As such, we did not take an initial trading position in GLD, SLV, UGL or AGQ. Stock charts are shown below. Two new etf trading candidates to consider today are EWJ and EWY. Take your first long position......
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