Posts Tagged ‘ewt’

04/14 – ETF Trading – USO, UCO, EWT

Good morning. USO moved lower yesterday and you took your second position in the etf trade. For the leveraged trade, UCO also moved lower and you took your second position in the trade. Should these etfs move lower today, take your third position in the trade.

Otherwise, our etf 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.

Put EWT on your watch list. Take an initial position should this etf close lower today.

EWT – The iShares MSCI Taiwan Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Taiwanese market, as measured by the MSCI Taiwan Index.

Updated charts posted below. 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.

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• 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......
• 9/16 - ETF Trading - EWJ Put EWJ on your watch list today, and take an initial position should it close lower. iShares MSCI Japan Index Fund (EWJ) seeks to provide investment results that correspond to the price and yield performance, before fees and expenses, of publicly traded securities in the aggregate in the Japanese market,......
• 03/29 - ETF Trading - USO, UCO Put USO on your watch list today; USO closed lower yesterday, generating an etf trading opportunity. Consider taking the first trading position in USO should the etf close lower today. For the leveraged trade, consider UCO. However, follow the etf trading signals for USO. UCO is a "double" etf -......

• Developing Confidence in the Stock Market Self-Confidence is an essential starting point for any business venture. This is true even more if the business is trading in the stock market because psychology plays such a major role. Keep reading, this might change your life! About 10 years ago, I received a copy of the book......
• Options Trading Tips Options trading is not for beginners. While derivatives are not in and of themselves bad for investors per se, they do require the investor to understand where the value of those derivatives comes from, and most investors will not be willing to put in the effort to fully understand when......
• The Trillion Dollar Bailout In the last post I speculated that the bailouts would end up costing the taxpayers upto $1 Trillion. It looks like that has become reality. Here's an email I recieved from Asif Suria, of SINLetter: In an unprecedented move, the current administration unveiled a simple three page plan on Saturday......

11/5 – ETF Trading – IWM, UWM, EWT, EWY

Markets closed a bit higher yesterday and triggered exit signals for EWT and EWY – unfortunately for us, at a loss. We lost 2.18% on EWT and we lost .66% on EWY.

Otherwise, we still have full trading positions for any of the remaining etfs we’ve been following for the past week and half – IWM, and UWM.

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; we’ve been using the latter. All trades are at the market close. Please trade responsibly!

Part of becoming a better trader is reviewing your etf trades. For EWT, we followed our trading signals precisely. Yet on a complete review of the trade, we would have be better served by not scaling into our position on 10/26 and 10/27 – the etf price dropped, but only by a penny on those days. Had we scaled into our second position on 10/28 and our third position on 10/30, our gain on the complete trade would have been 1.27% instead of a 2.18% loss. Consequently, the degree of price decline on the second and third trading position might be something to consider on your next trade.

Join me everyday to follow the 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.

• 10/26 - ETF Trading - IWM, UWM, EWC, EWT, EWY Prices for IWM, UWM and EWC moved lower at the close on Friday. As a result, we scaled-in to our second position. Should the market move higher from here, exit the trade at the market close when the etf price is greater than the MA(5), or - for a potentially......
• 10/19 - ETF Trading - GLD, SLV, UGL, AGQ, EWJ, EWY Good morning. Prices for our Friday etf watch list all moved higher. As such, we did not take an initial trading position in GLD, SLV, UGL or AGQ. Stock charts are shown below. Two new etf trading candidates to consider today are EWJ and EWY. Take your first long position......
• 01/30 - ETF Trading - EWH, EWZ, SPY, SSO I don't normally post on Saturday, but I was away from my computer yesterday. Let me give you an update on where we stand in our trades: We have full trading positions in EWH and EWZ. We're just waiting for our exit signals to trigger. We now have a full......

• Options Trading Tips Options trading is not for beginners. While derivatives are not in and of themselves bad for investors per se, they do require the investor to understand where the value of those derivatives comes from, and most investors will not be willing to put in the effort to fully understand when......
• Why Value Investing Works - The Myth of Efficient Markets Eugene Fama is generally credited with creating the academic model of Efficient Markets in his Phd. thesis at University of Chicago. At its very basic, the weak form of Efficient Market Hypothesis states that the securities prices reflect ALL publicly available information. The semi-strong form of EMH further states......
• How I Find the Highest Paying Dividend Stocks Whether you believe that dividend investing is one of best forms of passive income or not, it's certainly one of the most reliable ways to boost your ROI over the long haul and in a sideways market. So not surprisingly, one of the questions I've been getting on a regular......

11/4 – ETF Trading – IWM, UWM, EWC, EWT, EWY

Markets closed higher yesterday and triggered an exit signal for EWC – unfortunately for us, at a loss. However, if you’re still holding onto the position, you might be able to minimize your loss, or even take a gain, as world markets have moved higher overnight and futures are pointing for a higher open in US markets. I’ll have a special focus on EWC in a follow-up post.

Otherwise, we still have full trading positions for any or all of the etfs we’ve been following for the past week and half – IWM, UWM, EWT and EWY.

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!

Larry Connors has a 4 part series on How To Correctly Buy Stocks And ETFs. Part 2 is offered here and discusses how to scale-in to your trades.

Join me everyday to follow the 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.

• 12/20 - ETF Trading - EWH EWH closed ever so slightly higher on Friday, but not enough to trigger our etf exit signals. Take a second and final trading position should EWH close lower than our entry price of 18.77. Otherwise, our exit signals are triggered when the closing price for EWH is higher than it's......
• 10/14 - ETF Trading - No Trades Today The broader market is severely overbought with yesterday's rally - see the updated chart for SPY and notice the high RSI(2) level. We'll wait for a market pull-back to trigger our etf trading signals. How do I find our etf trading candidates? I use a simple stock screener (stockfetcher.com) and......
• 9/10 - ETF Trading - No Trades Today The markets are overbought by our measures. We'll patiently wait for a market pull-back to trigger our stock trading entry signals. All of the signals and strategies I use are found in the book by Larry Connors: High Probability ETF Trading. The strategies have only a few rules and you'll......

• Helping my Brother Choose an Online Broker At Easter dinner my older brother asked me what online discount broker I use “to trade stocks.”  If you don’t remember, I already helped the younger brother with asset allocation, and yes, I only have 2 and I am the pain in the ass middle child.  Before I could explain......
• Choosing a Great Investment Manager You know that past returns are not indicators of future performance, right? You've read that on a billion mutual prospectuses. Nonetheless people tend to use their past returns as their primary motivation for selecting new ventures and speculations. This is probably a combination of everyday human nature, the historical charts......
• The Weakening Dollar - II Now we've seen some reasons for the Dollar's continued weakening, how do we profit from this knowledge? Here's a compendium of worthwhile investments that I've been researching. Invest in foreign currencies and foreign bonds If your bank allows you to make foreign currency deposits, that may be the simplest solution.......