06/03 – ETF Trading – DIA, DDM
Put DIA on your watch list today. Consider taking your first long position should the etf close lower today. Consider DDM for the leveraged trade.
DIA – Dow Diamonds seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the Dow Jones Industrial AverageSM.
DDM – ProShares Ultra Dow30 seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones Industrial AverageSM.
We may take up to 3 trading positions over the next couple of days. Our first position is 1/6 of our total trading amount. Our second position is 1/3 of our total trading amount. Our third trading position is 1/2 of our total trading amount. You could also take positions in a 20-30-50 ratio. All trades are at the market close. Please trade responsibly.
Assuming we get into the trade, our exit signals for DIA are triggered when the closing price for DIA is higher than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70. Follow these signals for trading DDM.
Learn why the Dow is now a good etf trading opportunity 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.
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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Worried about the wild swings in the market? Trading off extreme levels of fear can be very rewarding if done right. That’s because fear is the most powerful reaction we as humans have and it’s somewhat predictable.
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Categories: ETF Stock Trading Tags: ddm, dia
12/30 – ETF Trading – No Trades Today
Good morning. The markets were basically flat yesterday. SPY moved a bit lower, relieving some of the overbought condition of the index, while DIA remains overbought. We’ll wait for a bigger stock market pull-back to trigger new etf trading entry signals.
Updated charts of SPY and DIA are posted.
Get ready for the New Year and the next set of trading signals. Your New Year’s resolution is to learn all of the etf trading signals and strategies found in the book by Larry Connors: High Probability ETF Trading. The 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 signals, 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.
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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ETF Trading – USO, SCO, DIA, QQQQ
Oil continued to move higher yesterday and so did USO . Perhaps you took an initial short position. Short a second position at the end of the day should it close higher again. Otherwise, take your gains should the closing price move below it’s 5 day moving average.
As I mentioned yesterday, you can also short USO by taking a long position in SCO. SCO seeks to replicate, net of expenses, twice the inverse daily performance of the Dow Jones AIG Crude Oil Sub-Index.
I’ve posted the charts for DIA and QQQQ. Boy, this market sure looks overbought! Notice the high RSI(2) readings.




These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.
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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Categories: ETF Stock Trading Tags: dia, qqqq, sco, uso












