Posts Tagged ‘fxp’

11/10 – ETF Trading – Gain on FXI, FXP

A very nice gain on our short trade! Our exit signals for FXI triggered with yesterday’s sell-off and we took a gain of 5.42% at the close. The inverse trade in FXP yielded a gain of 11.16%. We didn’t have a full trading position, but still, it was a nice one-day trade.

Our goal is to produce more winning trades versus losing trades. On that goal, we’re still on track. We have made 18 winning trades out of 22 over the past 12 months. That’s a winning percentage of nearly 82%!

I have no trades to recommend for today. We’ll wait and see what the the market presents for us today.

OK – now is the perfect time to get 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. You’ve seen our results. 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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Get even more day trading strategies by Larry Connors …

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• 10/26 - ETF Trading - USO, SCO Our short trade in USO continues to drag on and is taking a bit longer than our usual trade. We have a full, short trading position and we're patiently waiting for a sell-off and a move lower to trigger our exit signal. USO closed higher yesterday. Our exit signal is......
• 06/10 - ETF Trading - Gain on DIA, DDM Not a great trade, but a winning trade on DIA. Our etf exit signals for DIA triggered yesterday and we took a small gain of .34%. The trade in DDM yielded a gain of .60%. Updated charts are posted below. We have made 33 winning trades out of 42 in......
• 02/22 - ETF Trading - Gains on FXI, FXP On Friday, our etf exit signals triggered for FXI and FXP. We shorted FXI and gained 1.71%. We bought FXP and gained 3.09%. Not bad for one-day trades! All trades were at the market close. I have no etf trading opportunities to suggest for today. The broader market is over......

• Reviewing My IRA Options The other day, a reader, Matt, sent me an e-mail in response to my Zecco IRA Rollover. He asked (I'm paraphrasing): I have a question about the Zecco IRA account. You figured a 0.036% expense ratio and I understand how you calculated it - $30 annual fee/$80k balance. If I......
• Full Text or Excerpts - What's Best For Corporate Blog RSS Feeds? If you are putting together an RSS feed for your corporate blog, you may be wondering what way is the best way to deliver that RSS Feed. Should you use full text so that your subscribers can read the entire post in their feed reader without having to click on......
• What's Next For Zecco Users Zecco put an end to their free trades last week enraging a lot of users in the bargain. Zecco was a relatively new entrant to the highly competitive discount broker space and had a number of users switch to their system due to their hard-to-beat offering of unlimited free trades......

11/09 – ETF Trading – FXI, FXP

The market continued higher yesterday and so did FXI. As we discussed yesterday, we took our first short position in the etf trade as a result. For the leveraged trade, we took our first long position in FXP. Updated charts are posted below.

As mentioned yesterday, we’ll scale in with up to 3 trading positions. So, take a second short trading position should FXI close higher today (FXP close lower).

Otherwise, our exit signals for FXI are triggered when the etf price is less than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is less than 30.

Trade FXP on the signals for FXI. All trades are at the market close. Please trade responsibly.

Learn why the FTSE China 25 Index Fund is now a good short 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.

Updated charts;

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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• 03/30 - ETF Trading - FXY USO closed higher yesterday, negating a trading opportunity. We'll wait another time to trade USO. FXY closed lower yesterday, and has been trading lower over the past several days. Consider taking a long position in FXY should the etf close lower today. FXY - CurrencyShares Japanese Yen Trust is designed......
• 06/28 - ETF Trading - USO, SCO Oil closed higher Friday, generating another good etf shorting opportunity. Consider taking a short position in USO should the etf close higher today. If you're unable to short USO, consider trading the inverse etf - SCO. However, follow the etf trading signals for USO. SCO is a double inverse etf......
• 03/01 - ETF Trading - FXI, FXP Put FXI on your watch list today. We'll look at this etf as a short trade candidate. Should it move higher today, take your first short trading position. For a leveraged trade, consider FXP. Take your first long position in FXP should it move lower today. Though this etf is......

• GP 5 Things You Need To Look At When Trading ETFs Today, I am leaving the world of asset allocation to talk a little bit more about Exchange Traded Funds (ETF). This is probably one of the most popular investment products. Its popularity is soaring amongst smaller investors especially over the past 5 years. The purpose behind ETFs Wouldn’t you......
• Time To Go Long The Dollar? Regular readers know I've been pretty pessimistic on the outlook of the US economy and bearish on the US dollar as well. However, since it seems like everyone is echoing the same sentiment, could it be that we're due for a short (or medium) term spike in the US Dollar?......
• How To Conquer The World For Fun And Profit Regular readers already know my penchant for collecting Napoleon I era gold coins. Just like Napoleon Bonaparte, I too harbor a secret desire to conquer the world. But unlike Napoleon (or George W. Bush for that matter) I don't want to invade them. I want to prosper by investing in......

11/08 – ETF Trading – FXI, FXP

Let’s take another look at FXI for a short trade. FXI closed higher yesterday and is over-bought. Consider taking a short position in FXI should the etf close higher again today.

For a leveraged trade, consider FXP. FXP is a double inverse etf – please trade carefully. Use the etf trading signals for FXI to trade FXP.

FXI – The iShares FTSE China 25 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index.

FXP – ProShares UltraShort FTSE China 25 seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the FTSE China 25 Index.

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 FXI are triggered when the closing price for FXI is lower than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is less than 30. Trade FXP on the signals for FXI.

Learn why the FTSE China 25 Index Fund is now a good short 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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Learn 16 Strategies to Improve Your Trading…

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• 11/23 - ETF Trading - EWH, SPY, SSO Good morning. On Friday, EWH moved lower and you took your second position in the trade. Should EWH move lower today, take your third position in the trade. SPY (and SSO) moved lower on Friday and you took your first trading position in one of these. Take a second trading......
• 03/04 - ETF Trading - FXI, FXP OK. FXI moved lower yesterday but not enough to trigger our exit signals. Take your third short position should FXI close higher today. Our exit signals are triggered when the etf price closes lower than it's MA(5), or - for a potentially larger gain - when the RSI(2) is less......
• 01/07 - ETF Trading - Why Trade ETFs? No trades today. The broader market remains overbought - see the high RSI(2) value on the chart for SPY below. Some of the sector indices are starting to turn over. However, we'll wait for a stock market pull-back to trigger our etf trading signals. Why trade etfs? John Nyaradi, in......

• The Best Home Remodeling Investments If you're ready to renovate, why not incorporate some of the best home remodeling investments into your plan? You may already be planning them without realizing that they're improvements that won't just make your home a more beautiful and pleasant place to be, but will increase its market value. Some......
• Ben Stein Not Hot On Real Estate Here's an excerpt from Ben Stein's column about why he thinks real estate isn't such a great investment.That means the house has kept up with inflation -- barely.In fact, when I do the math, I realize that it hasn't fully kept up with inflation. Plus, the owner would have had......
• Investing in China? Watch Hanfeng Evergreen We've all heard about how important it is to be invested in the BRIC countries, but how many of your BRIC investments are direct-ownership?  You probably own through some middle-man that collects fees along the way, like the mutual funds and ETFs do.  Besides, not all the BRIC countries are......