ETF Trading – USO, UCO, EWH

A nice 3.73% gain for UCO, if you exited on the (MA)5 signal given on Friday. Otherwise, we’re still in the trade for USO and UCO and we’ll take our gains on the RSI(2)>70 signal. All etf trades are at the market close.

We took an initial position in EWH on Friday. Consider adding to the position should it close lower today.

All of these trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. Please trade responsibly!

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• 02/17 - ETF Trading - USO, UCO To review, we're into a full trading position for USO (and/or UCO). We've scaled-into three trading positions over the past several trading days. We're just waiting for USO to move higher from here. We got a good start yesterday with a small gain for the day. Our exit signals are......
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