09/01 – ETF Trading – No Trades Today
The broader market is in an over-sold condition. Notice the low RSI(2) reading for SPY in the updated chart below.
So why not go long here and make an etf trade? Our rules tell us to trade long only when the etf price is greater than its 200 day moving average – SPY is currently below its 200 day moving average. Why is that important? Read more by author by David Penn.
We’ll patiently wait for a strong stock market rebound to trigger some new short selling etf trading signals. European markets and the futures are up strongly this morning as I write this.
August trading results have been posted and you can review them here.
All of our etf trading signals are found in the book by Larry Connors: High Probability ETF Trading – now at a really great price with the release of the paperback edition! Get your copy today and be ready for the next etf 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.
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Let Warren Buffett manage your portfolio – AlphaClone
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- ETF Trading - USO, UCO, EWH, IWM, UWM We closed three winning trades on Friday, making for a profitable holiday weekend! For EWH, we took our profits on Friday, at the market close, as the RSI(2) moved above 70. Our gains were 3.43% for this exit signal. For IWM and UWM, we took our profits on Friday, at......
- 08/10 - ETF Trading - No Trades Today The broader market is moving back to a short term over-bought condition. Notice the high RSI(2) reading for SPY in the updated chart below. Should we go long or short here? Our etf trading rules are based primarily on the 200 day moving average. Why is that important? Author David......
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Categories: ETF Stock Trading, Results Tags:
08/20 – ETF Trading – Gains on SPY, SDS
A nice little gain on our S&P 500 short trade – our etf exit signals for SPY triggered with yesterday’s sell-off and we took a gain of 1.74%. The leveraged etf trade in SDS yielded a gain of 3.43%.
We didn’t have a full trading position for this trade, but we still had a winning trade. Our goal is to produce more winning trades versus losing trades. On that goal, we’re on track.
I have no etf trading opportunities to suggest today. We’ll wait for another market rebound to trigger some new short etf trading opportunities. Have a great weekend!
Learn why we’re now trading short. Get the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. 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.
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Get More Day Trading Strategies …
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- ETF Trading - FXI, EWT Our exit signals for FXI triggered yesterday, and we took our gains! A nice 3.76% for a few days of trading New etf trading ideas to consider today include EWT. Take your first long position at the market close, should EWT move lower today. The iShares MSCI Taiwan Index Fund......
- 02/12 - ETF Trading - No Trades Today I have no trades to suggest today today. The stock market has moved into an overbought position (see the chart of SPY I've posted - the RSI(2) has moved above 75). We'll patiently wait for the market to trigger our entry signals. In the meantime, get a quick lesson on......
- 04/20 - ETF Trading - IYR, URE, EWH The broader market rebounded yesterday. As such, our entry signals for SPY and SSO did not trigger. However, we still have our first trading position in IYR and/or URE from Friday. IYR closed higher but not enough to trigger our exit signals - ditto for URE. Updated charts are posted......
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08/09 – ETF Trading – Gains on USO, SCO
A nice little gain or our short oil trade – our etf exit signals for USO triggered Friday and we took a gain of 1.92%. The leveraged etf trade in SCO yielded a gain of 3.41%.
We didn’t have a full trading position for this trade, but we still had a winning trade. Our goal is to produce more winning trades versus losing trades. On that goal, we’re on track.
I have no etf trading opportunities to suggest today. We’ll wait for a broader market rebound to trigger some new short etf trading opportunities.
Learn more about etf trading strategies we use here. They’re in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. 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.
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Get More Day Trading Strategies …
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- 01/25 - ETF Trading - EWH, EWZ, SPY, SSO With Friday’s market sell-off, we now have 3 trading positions in EWH and and EWZ, and 1 trading position in SPY and/or SSO. Should the market sell-off today, scale into a second position for SPY and/or SSO. Otherwise, exit these etf trades at the market close when the etf price......
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Categories: ETF Stock Trading, Results Tags: Gain, sco, uso


















