10/20 – ETF Trading – EWJ, EWY

Prices for EWJ and EWY moved higher yesterday. As such, our entry signal did not trigger and we did not enter the etf trade. We’ll wait for a stock market pull-back to trigger some new entry signals. Updated stock charts are posted below.

Want more information about how I trade etfs? Discover the etf trading strategies and entry signals I use. They’re found in the book by Larry Connors: High Probability ETF Trading. His tps etf trading strategy has only a few rules and you’ll be able to back-test and apply the strategy to the next trading day. 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.

ewj-etf-91020

ewy-etf-91020

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.

Bookmark and Share
Blog Traffic Exchange

Related Posts
  • ETF Trading - AGG, EWT, EWC, GLD AGG moved higher yesterday, and you took your gains at the market close! EWT retreated yesterday. We'll patiently wait for our exit signal in order to take our gains. Among my "watch list" suggestions yesterday, EWC and GLD turned out to be the most promising. Perhaps you took your first......
  • 9/15 - ETF Trading - USO, UCO It's September 15 - your estimated taxes are due! ******* I know I sound like a broken record, but the major markets remain overbought by our measures. We're still patiently waiting for a market pull-back to trigger our stock trading entry signals. Oil moved lower yesterday. Keep USO and UCO......
  • 10/14 - ETF Trading - Still No Trades Even with the flat close yesterday, this stock market remains overbought (see the chart of SPY I've posted). As such, I have no new etf trades to suggest. I know our trading system can be boring at times, but patience is our goal. We'll wait for a stock market pull-back......
Blog Traffic Exchange

Related Websites
  • Successful Investing Tips and Techniques The true, most basic motivation behind investing is to grow our investment. People who have invested before will take their time, looking at the differing companies and the market, trying to predict how a stock will do in a year or two. Those investors whom are without the experience to......
  • How To Invest Like China In the last post we saw that China was slowly diversifying away from it's usual investments in US Treasury Bonds and investing in hard assets, natural resources and maybe other currencies. There probably a very good reason why the world's second largest holder of US Dollars is weaning itself away from bonds issued by......
  • Before You Submit Your Articles, Do This... To all writers and non-writers alike, now is the time to dig up those previously buried creative writing skills! Along with the communication technology explosion, not to mention what's happening in the web 2.0 world, came the ever increasing demand for information-based marketing content. Which, by the way, is one......