11/4 – ETF Trading – IWM, UWM, EWC, EWT, EWY

Markets closed higher yesterday and triggered an exit signal for EWC – unfortunately for us, at a loss. However, if you’re still holding onto the position, you might be able to minimize your loss, or even take a gain, as world markets have moved higher overnight and futures are pointing for a higher open in US markets. I’ll have a special focus on EWC in a follow-up post.

Otherwise, we still have full trading positions for any or all of the etfs we’ve been following for the past week and half – IWM, UWM, EWT and EWY.

Our exit signals are triggered when the etf price is greater than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70. All trades are at the market close. Please trade responsibly!

Larry Connors has a 4 part series on How To Correctly Buy Stocks And ETFs. Part 2 is offered here and discusses how to scale-in to your trades.

Join me everyday to follow the etf trading signals. All of the signals and strategies I use for etf trading are found in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day. 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.

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.

• 9/10 - ETF Trading - No Trades Today The markets are overbought by our measures. We'll patiently wait for a market pull-back to trigger our stock trading entry signals. All of the signals and strategies I use are found in the book by Larry Connors: High Probability ETF Trading. The strategies have only a few rules and you'll......
• 07/26 - ETF Trading - Off for Vacation I'll not be following the market action this week. It's time for summer vacation. We'll pick up the action again on August 2. How do I find our etf trading candidates? I use a stock screener (stockfetcher.com) and plug in the formulas from High Probability ETF Trading. Then, every morning......
• 02/04 - ETF Trading - No Trades Today Good morning. My stock screener is telling me that we have no etf trading opportunities today. Markets are in transition. A stock market pull-back will trigger some new etf trading signals. Once we enter an etf trade, we won't always take just one trading position. There are times when we'll......

• Stock Trading Boom Online stock trading has created a boom in the industry of stock market. It has made everyone to enjoy the excitement and thrill of stock trading by using your computer system. It has made possible to continue trading even if you are out of town, therefore, you can have......
• Equity Trading Sales While there are plenty of day-in-the-life and week-in-the-life stories detailing what you do in investment banking, there’s surprisingly little information on sales & trading. We started to fix that problem by looking at what you do in fixed income – besides bankrupting your firm and causing the economy to......
• Investing in Online Stock Trading Many people have heard about online stock trading and how some people have earned extra money from it. However, many of you are hesitant in trying it out since you heard of the risks but it is probably due more on the scarcity of information for beginners. Stock trading......