12/24 – ETF Trading – FXI

Good morning and Merry Christmas.

FXI moved higher yesterday, and we exited the trade on the RSI(2)>70 signal at the market close. Unfortunately, we took a 3.43% loss on the trade. Recall that we entered the position on 12/9 and then scaled-in to the trade over a several day period.

No other trades to suggest today. Markets close at 1 pm today. We’ll pick up the action on Monday.

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.

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

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