Posts Tagged ‘fxp’

06/25 – ETF Trading – Loss on FXI, FXP

Our etf exit signals for FXI finally triggered yesterday and we took a small loss on our short trade. We lost .39% shorting FXI and we lost 4.01% on the leveraged trade in FXP.

We make a lot of winning etf trades, but, unfortunately, not all of them. A successful trader understands that not all trades are winners, and the goal, over time, is to produce more winning trades versus losing trades. On that goal, I think we’re on track. Just click here to review our Monthly Results.

I have no other etf trades to suggest today. Let’s take the trading day off and start again on Monday. Have a great weekend.

Learn more about etf trading strategies in the book by Larry Connors: High Probability ETF Trading. 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 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 - EWT, AGG EWT moved higher on Friday, but just 2 cents short of it's MA(5). We'll wait for our exit signal to trigger to take our gains. AGG moved lower on Friday, providing an opportunity to add to our position. Perhaps you entered the second long position. Should it close lower still,......
• 06/30 - ETF Trading - No Trades Today That was some sell-off yesterday. The broader market is definitely oversold (see the updated chart for SPY below - notice the low RSI(2) reading). And since the broader market is below its 200 day moving average, we'll patiently wait for a stock market rebound to trigger some new etf trading......
• ETF Trading - No New Trades for Friday No new stock trading ideas were triggered yesterday afternoon. We're active in current trades as detailed in previous posts, and just waiting for exit signals to trigger. All trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading, except where noted. Disclaimer:The content......

• Simple Steps For Newbies To Start In Affiliate Marketing Affiliate marketing is an arrangement between an online merchant and affiliate, in which the affiliate earns a commission for generating sales, leads and or clicks for the merchant's web site. Affiliate marketing works in a win-win situation for the merchant and the affiliate. The merchant gains opportunities to advertise his......
• Learning To Lose At Forex Trading If only it were possible to find a way to place trades that would ensure that never again would a loss be incurred. This is in fact the very quest that many a trader has set out on – never to return. - Well not quite, but many do seek......
• Using a Home Improvement Video to Guide Your Project Home improvement handymen these days get a lot of their information from the internet. There is nothing wrong with this as there are many sites just like this one that exists to provide people with useful information on the different aspects of home improvement. However, one thing that you need......

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 latter signal. Exit the leveraged trade in FXP on the signals for FXI.

All etf trades are at the market close. Please trade responsibly.

Learn more about etf trading strategies in the book by Larry Connors: High Probability ETF Trading. 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 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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• 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......
• 05/18 - ETF Trading - No Trades Today The markets rebounded yesterday afternoon, and so did our etf watch list. We were looking for prices to close lower. As such, we did not take any etf trades yesterday. What about UYG - it closed lower? Yes it did, but for the leveraged trades, I take the etf trading......
• 02/12 - ETF Trading - No Trades Today I have no trades to suggest today today. The stock market has moved into an overbought position (see the chart of SPY I've posted - the RSI(2) has moved above 75). We'll patiently wait for the market to trigger our entry signals. In the meantime, get a quick lesson on......

• Start You Forex Trading Education Today In Order To Succeed Tomorrow! Learning everything about the Forex market can be pretty challenging, but absolutely necessary for successful Forex trading. Maybe this is the reason why there are so many learning resources offered for new Forex traders. If you want to learn Forex, there are many options for you out there. You can......
• Asset Allocation Strategies and Online Calculators Perhaps more has been written on the topic of asset allocation than any other aspect of long term investing. There are so many different strategies and calculators available that it is hard to decide which even should be considered. I have given a lot of thought to asset allocation in our......
• Questions To Ask Your Financial Planner..... Greetings from the metropolis of Cedar Crest, NM! Today's post comes from a question from a friend of mine.  It is a detour from real estate, but like most of us, we have investments in different types of vehicles....stocks and mutual funds for example.  So...I thought this may be......

06/23 – ETF Trading – Gains on USO, SCO – FXI, FXP

Our etf exit signals for USO triggered yesterday and we made a small gain on our short trade. We gained .80% shorting USO and we gained 1.38% on the leveraged trade in SCO. Still a winning trade even though small.

We’ll continue to wait for our etf exit signals to trigger for FXI. 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 latter signal. You’ll exit the leveraged trade in FXP on these signals as well.

All etf trades are at the market close. Please trade responsibly.

Learn more about etf trading strategies in the book by Larry Connors: High Probability ETF Trading. 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 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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• 06/16 - ETF Trading - USO, SCO, FXI, FXP USO closed higher yesterday, enough to trigger taking a second short position. Take a third and final short trading position only if the closing price of USO moves higher from here. Use this signal to make the trade for SCO, as well. FXI closed higher yesterday, enough to trigger taking......
• 06/15 - ETF Trading - USO, SCO, FXI, FXP USO closed higher yesterday, but not enough to trigger a new trade. Take a second short trading position only if the closing price of USO moves higher than our first short trade. Use this signal to make the trade for SCO. FXI closed lower yesterday. We'll only take a third......
• 06/14 - ETF Trading - USO, SCO, FXI, FXP USO closed lower on Friday. As such, you did not take a second short trading position in USO, nor a second long trading position in SCO. Take second trading positions only if the closing price of USO moves higher than our entry price. FXI closed higher on Friday and you......

• Are ETFs a Good Way to Create Secondary Streams of Income? ETFs, or Exchange Traded Funds, are all the rage in the investment world, but so far, they really don’t have much of a track record. This is a fairly new method for investing and the long term data just isn’t there to determine how effective these investments can be over......
• Forex Trading Signals Strategy Many people are trying to find some new ways of investing. With the internet it has become more than possible – we have all the information we need in any place and time. One of the most popular investing opportunities at present is the forex market, which stands for foreign......
• Forex Trading Signals Strategy Development of financial programs for Forex trading it is made possible to make trades from home. Most of these programs can be obtained by opening an account with an online trading company. Here are some reasons you must use the software to help you show the same profits the big......