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.

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• 11/17 - ETF Trading - USO, UCO Wow, nice one day gain on USO and UCO. We gained 2.99% on USO and 6.24% on UCO! We took our gains yesterday at the market close as the closing prices for these etfs moved higher than their 5 day moving average and the RSI(2) moved above 70. Recall that......
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