Results

06/07 – ETF Trading – Gains on USO, SCO

Nice gains on the short oil trade – another winning trade. Our etf exit signals triggered for USO and SCO. We gained 4.75% shorting USO and we gained 9.40% on SCO – all in a 5 day trade!

All trades were at the market close. Updated charts are posted below.

The etf trading strategy used in this trade was the RSI 90/94 Strategy found in the book by Larry Connors: High Probability ETF Trading.

I have no etf trading opportunities to suggest for today. The broader market is over-sold but below its 200 day moving average – a stock market rebound will trigger some new short etf trading signals.

FREE Report: Get the most popular chapter of Larry Connors’ best selling book: High Probability ETF Trading – Chapter 8: An Introduction to TPS – Time, Price, Scale-in. Learn one of the best performing ETF trading strategies available and also used here at ETF-Stock-Trading.com.

Updated charts:

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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Don’t forget about Father’s Day…

• ETF Trading - XLI, SIJ Looking at the stock market mid-day, a shorting opportunity arises with XLI. Short a starting position at the market close should the price close higher than yesterday's close. One note of caution - don't short XLI should it close above it's 200 day moving average. As an alternative, you can......
• 10/16 - ETF Trading - GLD, SLV, UGL, AGQ Good morning. Yesterday's market action gave us some trading signals and potential trade entry points. Put GLD and SLV on your watch list today. Take an initial position should these move lower today. For a leveraged trade, consider UGL and AGQ. All trades are at the market close. All of......
• 01/30 - ETF Trading - EWH, EWZ, SPY, SSO I don't normally post on Saturday, but I was away from my computer yesterday. Let me give you an update on where we stand in our trades: We have full trading positions in EWH and EWZ. We're just waiting for our exit signals to trigger. We now have a full......

• Day Trading the Currency Market: Technical and Fundamental Strategies To Profit from Market Swings (Wiley Trading) (Hardcover) Review "...a leap forward in sophistication..."  (The Technical Analyst, June 2006) "…well researched ideas…Lien’s expertise really shines through…" (Shares, August 2006)   Written by Kathy Lien—chief strategist for the number one online currency broker in the world—Day Trading the Currency Market reveals a variety of technical and fundamental profit-making strategies......
• Value Averaging: An Automated Investment Strategy Don’t time the markets because you’re probably not smart enough to time the markets.  Sorry.  I guess I’m being a tad judgmental.  Let me simply say, I’m not smart enough to time the markets.  Neither are about a million other super intelligent people (unfortunately, most didn’t know it until it......
• The Pros and Cons of Investing in ETFs In last decade, specialty ETFs (Exchange Traded Funds) are probably the hottest thing to hit Wall Street since the rise of the discount brokers in the mid 1990s. Initially, ETFs were not very popular because they only tracked the performance of a few stock market indices. However, in today's investing......

06/02 – ETF Trading – Gains on FXI, FXP – USO, SCO

Yes! Nice gains on the FXI short trade as our etf exit signal triggered at the close yesterday. We also took etf trading gains on FXP. Our gains were 3.15% for FXI and 6.07% for FXP, all in a 2 day trade.

We’re still waiting for our exit signals to trigger for the short trade in USO. The leveraged trade is in SCO.

Our exit signals are triggered when the closing price for USO is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. We’ll exit the leveraged trade in SCO using the same signal.

All trades are at the market close. Please trade responsibly.

This etf trading strategy is the RSI 90/94 Strategy found 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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Learn 16 Strategies to Improve Your Trading…

• 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......
• 03/30 - ETF Trading - No Trades Today The broader market remains overbought (see the updated chart for SPY below - notice the high RSI(2) reading). As such, I have no etf trading suggestions for today. A stock market pull-back will trigger some new etf trading signals. How do we find the etf candidates to trades? It's a......
• ETF Trading - EWT, AGG EWT moved higher on Friday, but just 2 cents short of it's MA(5). We'll wait for our exit signal to trigger to take our gains. AGG moved lower on Friday, providing an opportunity to add to our position. Perhaps you entered the second long position. Should it close lower still,......

• Why Use Forex Automated Trading Tools When it comes to getting rich, people tend to think that there are secrets that guarantee success, but this is not really true. In forex markets, operators are struggling to make money traders will tell you that rich people have secrets that do not share, but in fact is the......
• Search Engine Optimization (Seo) Search Engine Optimimization (Seo) Search Engine Optimization (SEO), considered by many to be a subset of Search Engine marketing, is a term used to describe a process of improving the volume of traffic to a web site from Search Engines, usually in "natural" ("organic" or "algorithmic") search results. Those efforts......
• How To Trade Currency From Home More and more people are wanting to know how to trade currency from home in order to make extra money or even give up work to trade online full time. Getting involved in the forex or foreign exchange market has become easier and easier over the last few years but......

05/28 – Gains on IWM, UWM – USO, SCO, FXI, FXP

Yes! Nice gains on the IWM trade. Our etf exit signals triggered for IWM and UWM. We gained 2.83% on IWM and 5.34% on UWM, all in just 7 trading days.

All trades were at the market close. Updated charts are posted below.

If you caught my mid-day post yesterday, you took your first short position in either the USO or FXI trade, or both. For the leveraged trade you took your first position in SCO and/or FXP. These are inverse etfs.

We may take a second trading position in the next day or so should USO or FXI close higher and its RSI(2) > 94. All trades are at the market close. Please trade responsibly.

Otherwise, our exit signals are triggered when the closing price for USO or FXI is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. You’ll exit the leveraged trades on these signals.

This etf trading strategy is the RSI 90/94 Strategy found 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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Learn 16 Strategies to Improve Your Trading…

• 10/01 - ETF Trading - FXI, USO, UCO Wow! We took some big gains on USO and UCO, yesterday. Our gain on USO: +6.54%. Our gain for UCO: +11.99%. Recall that we took our entry positions at the market close on 9/24. For FXI, the closing price moved lower than our entry price, so you added a second......
• 10/27 - ETF Trading - IWM, UWM, EWC, EWT, EWY Prices for IWM, UWM, EWC, and EWT moved lower at the close yesterday. As a result, we scaled-in to our third and final position for IWM, UWM, and EWC. We scaled-in to our second position for EWT. Should EWT move lower, scale-in to a third and final position at the......
• 12/10 - ETF Trading - USO, UCO, FXI With yesterday's close lower, we're into a full trading position for USO (and UCO). We've scaled into three trading positions over the past several trading days. From our watch list yesterday, FXI moved lower, and we scaled-into our first trading position. Take a second position in FXI should it move......

• Forex Trading Strategy For You To Follow In Order To Succeed If you are beginner in the Forex market there are a lot of things you need to learn. Everybody joins the market to make money and you can achieve this game if you make profitable trades consistently. A lot of newbie traders understand this but keep losing. They jump into......
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• Forex Trading And Its Key Aspects For You To Consider Every beginner trader should know some aspects of Forex trading before getting involved with the market. There are some aspects of Forex trading you should know about. Some of them may sound a little academical, but they are still important. There is leverage, which allows you to control larger sums......