Archive for July, 2009

ETF Trading – TIP, GLD, FXE

Nice move on TIP, yesterday. You took your gains on the close after holding the etf for just 2 days!

GLD and FXE moved higher yesterday. You should be into one long unit if you’re trading these etfs. Wait to take your gains on the exit strategies found in High Probability ETF Trading.

No other trading signals have triggered.  Let’s wait on a pullback for some more long entry points.

This weekend, I hope to give you a monthly wrap-up of the stock trades we made this month.

These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

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.

• Hello (Stock Trading) World! Greetings, Stock Traders, Let me introduce myself as a stock trader with a special interest in ETF stock trading.  My interest in ETFs came from reading two books by Larry Connors: Short Term Trading Strategies That Work High Probability ETF Trading: 7 Professional Strategies To Improve Your ETF Trading I've......
• 02/11 - ETF Trading - Stock Screening The market is in neutral territory. See the updated chart of SPY below. Let's wait for a stock market pull-back to trigger some new etf trading signals. How do I find etf trading candidates? I use a simple stock screener (stockfetcher.com) and plug in the formulas from High Probability ETF......
• 02/16 - ETF Trading - No Trades Today Good morning. My stock screener (stockfetcher.com) 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. An updated chart of SPY is posted below. Once we enter an etf trade, we won't always take......

• Finding the Right Financial Planner Market losses and chaotic market behavior increase the need for accurate and unbiased retirement and financial planning advice. Tax rates will have to sharply increase to pay for recent government rescues and bailouts.  Baby boomers and others seeking to accumulate and preserve wealth will adjust their financial goals and reconsider present and future money strategies......
• Book Review: Jim Cramer's Mad Money Whistles blow, car horns honk, things get thrown around the room and screams echo throughout the room.  The sounds of bulls, bears, and pigs are heard on a frequent basis.  Occasionally, even the sounds of ghosts are heard in the distance.  Is this a sign of the Apocalypse? No, it's......
• Investing 101: ETFs (Hey kids!  And teenagers, adults, cats who fell asleep on top of the keyboard and anyone else who might be out there reading this; guess what time it is!  That's right, it's Investing 101 Time!  This week, we'll cover the wonderful, wacky world of ETFs!) Q: Alright, so what is......

ETF Trading – USO, SCO, TIP, GLD, FXE

Wow – nice gains on SCO! Shorting USO also produced gains when using the RSI exit strategy.

TIP continued to pull back yesterday – we’re into the second long unit.

GLD and FXE also moved lower yesterday. You should be into your first long unit if you’re trading these etfs. GLD traders should also consider UGL.

This weekend, I hope to give you a monthly wrap-up of the stock trades we made this month. These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

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.

• 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......
• 03/17 - ETF Trading - Gains on GLD, UGL Nice gains on our trade! Markets closed higher and triggered our exit signals for GLD and UGL. We gained 2.11% on GLD and 4.11% on UGL. Our exit signals were triggered when the etf price moved higher than it's MA(5), or - for the larger gain - when the RSI(2)......
• 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......

• Eat Right For Your Type This book is considered to be one of the most controversial diet books on the market and it certainly raises a lot of interesting issues that are normally avoided in the diet industry. Although a lot of people believe that metabolism and genetic predisposition can lead to weight problems, the......
• President-Elect Obama Roundup Another edition of the RCDL roundup. Congrats to President-Elect Obama for winning the election! Frugal | Money Saving Tips: The Christian Science Monitor takes a look at when gift-card promises go unfulfilled. Good points for holiday shoppers. Financial Ramblings writes this winter tip: The Most Beautiful Way To Save Money......
• Are You a Dinosaur for Not Investing in ETFs? The following guest post is from Neal Frankle of Wealth Pilgrim. Wealth Pilgrim is on my short list of daily reads. After reading the post, head over to Neal’s site and sign up to receive his posts. ETF’s (Exchange Traded Funds) are pretty darn popular these days.  The total dollars......

ETF Trading – TIP, USO, SCO, GLD, FXE

The signals for TIP triggered yesterday – we’re into the first long unit.

USO closed below it’s MA(5). Per the rules we’ve been following, this resulted in a losing trade (it’s High Probability ETF Trading – not “guaranteed results” trading).

Another exit strategy to consider is to exit the trade when the RSI(2) falls below 30 (USO was a short trade). As such, you could still be in the trade with the opportunity to still profit!

SCO has still not moved above it’s MA(5). With the price of oil down this morning, perhaps a large decline in oil today will produce a winning etf trade with SCO.

Other etfs to watch today include GLD and FXE, though the results for commodity and currency etf trades are not as predictable as country and market etfs. You could take initial long positions should these close lower today.

These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

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.

• 11/9 - ETF Trading - No Trades Today My apologies for the delayed post - I was having technical difficulties this morning. There are no etf trades for today. We'll wait for our entry signals to trigger on a market pull-back. One of the trading signals I use is the 200 day moving average. David Penn of TradingMarkets.com......
• 08/03 - ETF Trading - USO, SCO Oil closed higher yesterday, generating an etf shorting opportunity. Consider taking a short position in USO should the etf close higher today. If you're unable to short USO, consider taking the inverse etf - SCO. However, follow the etf trading signals for USO. SCO is a double inverse etf -......
• 06/03 - ETF Trading - USO, SCO Markets rebounded yesterday and so did oil. We're still waiting for our etf exit signals to trigger for our short trade in USO. The inverse, leveraged etf trade is in SCO. Our exit signals are triggered when the closing price for USO is lower than it's MA(5), or - for......

• 3 Easy Steps To Get Started With Investing. A recent article at Kiplinger.com laid out three simple steps to get started with investing, and I figured I would mention them here with my thoughts on each for anyone thinking of jumping into this strange market we have right now. Granted, it might not be the best time to......
• High Velocity Market Master System Can Trade Forex, Stocks, Futures,Crude Oil, Options, Gold, Bonds & ETFs Discover Chris Rowe's Internal Strength System the exact investing that Chris had used to make millions in stock trading. Meet the High Velocity Market Master and get your free copy of the Ultimate Day Trading System that can trade stock, forex and futures! If you can read an email, you......
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