10/27 – ETF Trading – Gain on EWZ
A winning trade on EWZ! Our etf exit signals for EWZ triggered yesterday and we took a gain of 2.16%. An updated chart is posted below.
We have made 29 winning trades out of 37 for the year. That’s a winning percentage of better than 78%. Our goal is to produce more winning trades versus losing trades. On that goal, we’re on track.
I have no etf trading opportunities to suggest today. We’ll wait for the broader market to make a move to present some new etf trading opportunities.
Now is a great time to learn all about etf trading strategies we use here. They’re all contained in the book by Larry Connors: High Probability ETF Trading. Seriously, his etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. Get your copy today!
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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Get More Day Trading Strategies …
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Categories: ETF Stock Trading, Results Tags: ewz
10/26 – ETF Trading – EWZ
EWZ closed higher yesterday, but not enough to trigger our exit signals. Likewise, we did not take a second short position in the etf trade. An updated chart is posted below.
We may take up to a total of 3 trading positions over the next couple of days. To review, 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.
Take a second trading position should EWZ close lower than 76.10. Otherwise, our exit signals for EWZ are triggered when the closing price for EWZ is higher 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 every day as I offer new etf trading ideas for you to follow.
Updated chart:
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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Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone
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Categories: ETF Stock Trading Tags: ewz
10/25 – ETF Trading – EWZ
EWZ closed lower on Friday and you took your first long position in the etf trade. An updated chart is posted below.
As mentioned on Friday, we’ll scale in with up to three 3 positions. So, take a second trading position should EWZ close lower today. Otherwise, our exit signals for EWZ 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 every day as I offer new etf trading ideas for you to follow.
Updated chart:
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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Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone
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Categories: ETF Stock Trading Tags: ewz











