ETF Stock Trading

12/19 – ETF Trading – No Trades Today

Selling pushed the broader market lower on Friday. SPY has returned to an over-sold condition – see the RSI 2 in the chart below. And since the broader market is below its 200 day moving average, we’re waiting for an over-bought condition to trigger our short etf trading signals. We want to take a short trade when the RSI 2 moves and closes above 75 for 2 consecutive days.

Why trade etfs? John Nyaradi, in an article at TradingMarkets.com, shares his 8 Reasons to Trade ETFS and what they can do for your stock trading portfolio. You won’t ever buy another mutual fund!

Learn more about the etf trading strategies used here. They’re from 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.

Updated chart for SPY:

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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12/16 – ETF Trading – No Trades Today

Buyers moved into the market yesterday and the broader market was relieved of its over-sold condition – see the RSI 2 in the chart for SPY below. We’ll patiently wait for the buying to continue so as to set up some new short etf trading signals. We’re not taking any long trades as the broader market indices are now below their 200 day moving averages.

How do I find our etf trading candidates? I use a simple stock screener (stockfetcher.com) and plug in the formulas from High Probability ETF Trading. Then, every morning I run the stock screener to give me the etf trading candidates for the day.

What makes it all so easy are the etf trading signals found in High Probability ETF Trading. The strategies are easy-to-follow, and have years of tested results.

Updated chart for SPY:

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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12/15 – ETF Trading – No Trades Today

I have no etf trades to suggest today. The broader market fell yesterday, keeping SPY in an over-sold trading condition – see the RSI 2 in the updated chart posted below.

Since SPY and other index etfs are now trading below their 200 day moving averages, our etf trading signals are weighted toward making short trades. We’ll make no long trade for any etf below its 200 day moving average.

In the meantime, get a quick lesson on how to become a high probability trader in this article by Larry Connors. In it, he talks about his TPS trading strategy. TPS stands for Time, Price and Scale and has been the backbone of our ETF trading.

Get all the details of TPS trading and other etf swing trading strategies in the book by Larry Connors: High Probability ETF Trading. His TPS trading strategy has only a few rules and you’ll be able to back-test and apply the strategy on the next trading day.  See our results using these strategies.

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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