12/8 – ETF Trading – EWC, USO, UCO
Good morning. Yesterday, USO (and UCO) moved lower and you took your initial position in the trade. EWC moved higher and we did not take that trade.
Should USO (or UCO) move lower today, take a second position in the trade. Otherwise, our exit signals are triggered when the etf price is greater than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70. All trades are at the market close. Please trade responsibly!
Join me everyday to follow these etf trading signals. All of the signals and strategies I use for etf trading 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.



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.
Related Posts
- 12/10 - ETF Trading - USO, UCO, FXI With yesterday's close lower, we're into a full trading position for USO (and UCO). We've scaled into three trading positions over the past several trading days. From our watch list yesterday, FXI moved lower, and we scaled-into our first trading position. Take a second position in FXI should it move......
- 9/29 - ETF Trading - FXI, EWW, USO, UCO, XLU, UPW Good morning. We took trading gains yesterday as half of our etf stock picks from last Thursday (9/24) triggered their exit signals. All of these etf trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. All trades are at the market close.......
- 02/11 - ETF Trading - Stock Screening The market is in neutral territory. See the updated chart of SPY below. Let's wait for a stock market pull-back to trigger some new etf trading signals. How do I find etf trading candidates? I use a simple stock screener (stockfetcher.com) and plug in the formulas from High Probability ETF......
Related Websites
- The Risks Of Trading Penny Stocks With the introduction of online discount brokerages in the past decade, small investors have begun to flood the markets with additional capital. Unfortunately, their inexperience often gets the best of them, as is apparent by their increasing interest in trading penny stocks. There are several risks associated with investing and......
- Powerful X-Ray Vision For Any Trading Chart On Any Timeframe Master these Candlestick Patterns with this 82 page FREE PDF Candlestick Guide and give RISK FREE trial to the DecisionBar Trading Software. Watch these Forex Mastery 2.0 and the New M3 Forex Software preview videos-the game changer for forex traders and see the 21st century Forex Technology in action. Learn......
- Forex Trading Strategies: How To Learn Forex Trading: Learn the Secrets Behind Currency Trading and Increase Your Investment Return [Paperback] Forex Trading Strategies: How To Learn Forex Trading - Learn the difference between the traditional stock market and the Forex market - Discover why technical analysis is so important and how to use it to make the best trading decisions that you possibly can - The best ways to......
Categories: ETF Stock Trading Tags: ewc, uco, uso
12/7 – ETF Trading – EWC, USO, UCO
Good morning. Futures are down this morning, suggesting a market pull-back, and ideal for our etf trading set-ups.
Put EWC and USO on your watch list. Take an initial position should these etfs move lower today. For a leveraged trade on USO, consider UCO. All trades are at the market close.
iShares MSCI Canada Index Fund – EWC – seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Canadian market, as measured by the MSCI Canada Index (the Index).
United States Oil Fund, LP – USO – is a domestic exchange traded security designed to track the movements of light, sweet crude oil (West Texas Intermediate).
ProShares Ultra DJ-UBS Crude Oil – UCO – seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones—UBS Crude Oil Sub-Index SM.
Join me every day as I offer new etf trading ideas for you to follow.



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.
Related Posts
- 05/27 - ETF Trading - USO, SCO, FXI, FXP The market is moving stongly higher this morning, generating some good shorting opportunities. Consider taking a short etf position in USO or FXI should either close higher today and its RSI(2) > 90. If you're unable to short either etf, consider taking the inverse etf - SCO and FXP. However,......
- 07/07 - ETF Trading - XLU, SDP The S&P Utilities Sector ETF closed higher Friday yesterday, generating an etf shorting opportunity. Consider taking a short position in XLU should the etf close higher today. If you're unable to short XLU, consider taking the inverse etf - SDP. However, follow the etf trading signals for XLU. SDP is......
- ETF Trading - AGG, TIP AGG and TIP look ready for a long entry point. Enter a long trade at the market close should AGG and/or TIP close lower today. AGG: The iShares Barclays Aggregate Bond Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the......
Related Websites
- Vanguard Now Offering Free Trades on In-House ETFs Not to be outdone by low cost ETF competitors like Charles Schwab, Vanguard customers now have the option to trade Vanguard ETFs commission free, as well as benefit from online discount broker like commissions on individual stock trades. Commission-free ETF transactions. Vanguard brokerage clients may make commission-free transactions in Vanguard’s......
- Mutual Funds 101 One way that investors can pool their money is mutual funds, which allows them to invest together in a variety of different stocks. Each of the participating investors is charged a percentage fee based on what they invest so that the professional fund manager can receive payment for his work......
- So You Want to Invest: Index Mania Yesterday, we covered just about the simplest method for investing you could have, putting your money into target date funds. But it's a fairly hands off investment; used properly, you'll hold the target date fund (and only the target date fund) until you reach your target date. What if you,......
Categories: ETF Stock Trading Tags: ewc, uco, uso
11/4 – ETF Trading – Special Focus on EWC
As I mentioned in my previous post, we took a trading loss on EWC, eventhough we followed our etf trading strategies and signals. As much as we would like every trade to be profitable, real trading, even high probability trading, can result in losses.
The goal in trading is to adopt a proven trading system, and then to follow that system, consistently and systematically. Overtime, your trading results will be profitable.
Trading results for EWC for the past 2 months are posted here. As you can see, we had a trading success rate of 75% !

Need more details on a proven trading system? Get 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 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 – available at Amazon.com or save $10 at TradingMarkets.com.
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.
Related Posts
- 03/16 - ETF Trading - GLD, UGL GLD closed higher yesterday. As such, you did not take the third trading position in the etf trade. Likewise for the leveraged etf trade in UGL. Our trading strategy is to scale in with up to three 3 trading positions, but we'll wait for the market to present the trading......
- 06/24 - ETF Trading - FXI, FXP We continue to wait for our etf exit signals to trigger for FXI and FXP. Our exit signals are triggered when the closing price for the etf is lower than it's MA(5), or - for a potentially larger gain - when the RSI(2) is less than 30. We're using the......
- ETF Trading - FXI Good morning. The futures are down this morning! A big stock market pull-back should give us some new trading opportunities this week. Today we'll look at FXI. FXI is the iShares FTSE/Xinhua China 25 Index Fund. This etf seeks investment results that correspond generally to the price and yield performance,......
Related Websites
- Review of Missed Fortune 101 There has been a lot of hype surrounding Douglas Andrew’s book, Missed Fortune 101. Many people gushed that it unlocked the secrets to becoming a millionaire, so I went into the book with high hopes. I was pretty disappointed to discover that much of the advice is already well known......
- Sunday Money Roundup - Denver, CO Edition. I am spending a few days up in Denver, CO visiting some friends. It's always nice to have a change of scenery! While I head out to explore Denver, here are some articles that really caught my eye this past week: Gather Little By Little wants you to educate yourself......
- What the American Banking Sector Could Look Like After Obama's New Regulations The following is a guest post by Mark Brown who writes about personal finances for an Australian website where consumers can compare credit cards including a range of low rate credit cards that make managing money easier. It appears that the banking industry has pushed the American public, and......













