ETF Trading – SLV, EWJ

OK, lets’s get started trading.

Based on the strategies found in High Probability ETF Trading, we have 2 trading candidates today:

  • SLV
  • EWJ

Both stocks are above their 200 day moving average, and with RSI(2) scores below 3, this suggests that these etfs are oversold. Look to enter a position at the market close if these etfs move lower today.

SLV has been down 6 days in a row – odds favor a bounce sometime soon.  Traders of SLV could also trade AGQ.

90713 slv

90713 ewj

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.

Blog Traffic Exchange

Related Posts
  • 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......
  • 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......
  • 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......
Blog Traffic Exchange

Related Websites
  • Great Debates: ETFs vs. Index Funds It's been a while since I've done any Great Debates; for all the disagreement and squabbling about individual investments and the direction of the country that you hear, there's a surprising amount of uniformity as to what constitutes sound investment advice. Invest early, invest often, don't spend too much time......
  • When is an ETF not Actually an ETF? Exchange Traded Funds have been popular for decades since they provide diversification with the ease of trading and dollar cost averaging.  They have gotten so popular that the actual topic of ETFs now include specific industries, super concentrated funds and even active investing.  However, when is an ETF not really......
  • Exchange Traded Funds a.k.a ETFs It’s time for another investment post in the My First Portfolio series.  I hope you have enjoyed reading about Mutual Funds, Stocks , and Dividends.  Today we are going to discuss another type of investment option that is available for our investment portfolios. Exchange Traded Funds are also known as......