Posts Tagged ‘200 day moving average’

1/11 – ETF Trading – The 200 Day Moving Average

The stock market remains overbought (see the chart of SPY I’ve posted and notice the high RSI(2) value). We’ll patiently wait for a market sell-off to trigger our etf entry signals.

So why not go short here? Our rules tell us to short an etf only when the etf price is less than it’s 200 day moving average. Why is that important? Read more by author by David Penn.

All of the etf trading strategies I use are found in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day. With easy to follow trading strategies, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading. Get your copy today and be ready for the next trading session. Now available in paperback.

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• 02/22 - ETF Trading - No Trades Today The broader stock market is overbought (see the chart of SPY I've posted and notice the high RSI 2 value). We'll patiently wait for a market sell-off to trigger our etf entry signals. We might have a good start today - futures are down this morning. So why not go......
• 08/26 - ETF Trading - No Trades Today No trades for today. However, the major stock market indices closed higher with an afternoon rally. A few more positive days will trigger our short etf entry signals. Be patient. In the meantime, get a quick lesson on how to become a high probability trader in this article by Larry......
• 06/28 - ETF Trading - USO, SCO Oil closed higher Friday, generating another good etf shorting opportunity. Consider taking a short position in USO should the etf close higher today. If you're unable to short USO, consider trading the inverse etf - SCO. However, follow the etf trading signals for USO. SCO is a double inverse etf......

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• The Disciplined Professionals And Trade In The Internet Trade of actions, the goods and currency through the Internet is intended only to the disciplined professionals! The discipline is really very important thing. Trade in actions, the goods and currency through the Internet is business. Therefore, if you don't feel in yourselves enough morally strong-willed qualities for the fair,......
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