Posts Tagged ‘fxp’

08/18 – ETF Trading – SPY, SDS, FXI, FXP

The market rebounded yesterday, generating several short etf trading opportunities. Consider taking a short trading position in SPY or FXI should either etf close higher today.

If you’re unable to short SPY or FXI, take a long trading position in the inverse etfs – SDS or FXP. However, follow the etf trading signals for SPY and FXI. SDS and FXP are double inverse etfs – please trade carefully.

SPY – The SPDR® S&P 500® ETF is a fund that, before expenses, generally corresponds to the price and yield performance of the S&P 500 Index.

SDS – ProShares UltraShort S&P500 seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P500® Index.

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

FXP – ProShares UltraShort FTSE/Xinhua 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/Xinhua 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 both SPY and FXI) are triggered when the closing price for either is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. Exit the leveraged trades on these signals, too.

Learn why SPY and FXI are now good short etf trading opportunities 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…

• 09/28 - ETF Trading - No Trades Today Our etf trading entry signal for shorting USO did not trigger yesterday. As such, we did not enter the trade. USO closed lower yesterday; we were looking for it to close higher than Friday's closing price. The broader market is in neutral ground. Notice the RSI(2) reading for SPY in......
• 12/06 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday (SH and SDS closed lower), enough to trigger taking our third and final short trading position. SPY is severely over-bought and now we'll wait for our exit signals to trigger. Our short exit signals for SPY are triggered when the closing price for SPY is lower......
• 08/30 - ETF Trading IWM, TWM IWM closed higher on Friday, generating an etf shorting opportunity based on our etf trading signals. Consider taking a short position in IWM should the etf close higher today. If you're unable to short IWM, consider trading the inverse etf - TWM. However, use the etf trading signals for IWM......

• Should You Buy A Tech ETF? Technology ETFs, also referred to as tech ETFs, are exchange traded funds related to technology. ETFs were first introduced in 1993. Because they are affordable, flexible, tax efficient, many investors are taking the ETF approach to investing. If you see the benefits of investing in ETFs compared to traditional stocks......
• What About LOR-Lazard World Dividend & Income Fund? When I first heard about LOR, I thought it meant Lord of the Rings, but no, the topic was on Lazard World Dividend & Income Fund(LOR). I got this email from a reader: I love your blogs. Please tell me what to think about an odd stock - LOR. They......
• On Going Naked In a previous post on WCI, I had mentioned that I had sold some March 2007 Calls. When you sell a call and you own the underlying stock, its called selling (or writing) covered calls. In my case, where I don't own the underlying stock, its called selling naked calls.......

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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Get More Day Trading Strategies …

• 01/11 - ETF Trading - SLV, AGQ We're patiently waiting for our etf exit signals to trigger. SLV closed higher yesterday, but not enough to trigger our exit signals. 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......
• 10/13 - ETF Trading - No Trades Today The broader market closed higher yesterday. The chart for SPY shows just how over-bought the market is (see the updated chart for SPY below - notice the high RSI(2) reading). We'll wait for a market sell-off to trigger some new etf trading signals. Why trade etfs? John Nyaradi, in an......
• ETF Trading - FXI, SPY FXI moved higher yesterday. We'll wait to take our trading gains on the exit signals. We did not take a position in SPY yesterday as it moved higher. We'll patiently wait for another market pull-back for new long positions. All of these trades are based on the strategies found in......

• 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......
• Tips for Investing Online The concept of doing your investing online through the use of an online web portal has truly revolutionized everything that financial trading is all about, especially in stock exchanges and in the FOREX market. Availability of resources like quick internet connectivity and portable laptop computers has made it even simpler......
• The Pros and Cons of Investing in ETFs In last decade, specialty ETFs (Exchange Traded Funds) are probably the hottest thing to hit Wall Street since the rise of the discount brokers in the mid 1990s. Initially, ETFs were not very popular because they only tracked the performance of a few stock market indices. However, in today's investing......

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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Get More Day Trading Strategies …

• 06/10 - ETF Trading - USO, SCO, FXI, FXP We have some etf shorting opportunities today. Consider taking the first short position in USO and/or FXI should these etfs close higher today. If you're unable to short either etf, consider using the inverse etfs - SCO and FXP. However, follow the etf trading signals for USO and FXI. These......
• 03/31 - ETF Trading - FXY FXY closed lower yesterday and you took your first long position in the etf trade. An updated chart is posted below. As we discussed yesterday, we'll scale in with up to three 3 trading positions. So, take a second trading position should FXY close lower today. Otherwise, our exit signals......
• 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......

• 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......
• CNBC: Investing Out, Bullish 'Parabolic' Moves In While CNBC is a valued resource to many, including myself, many long time viewers I've spoken with are troubled by it's continued evolution into a sponsor (too) friendly, investment product marketing machine where trading -- not investing -- is the new marching meme. Case in point: Josh Brown's, aka The......
• Ask The Readers: Favorite "Speculative" Investment Now? With tax season around the corner, I finally got around to opening up a SEP-IRA at Fidelity. (I don't know what took me so long, the process was very, very quick.) For those unfamiliar with SEP-IRA's, they are a retirement vehicle for self-employed individuals (Read more about SEP-IRAs here). As......

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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Get More Day Trading Strategies …

• 01/11 - ETF Trading - SLV, AGQ We're patiently waiting for our etf exit signals to trigger. SLV closed higher yesterday, but not enough to trigger our exit signals. 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......
• 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......
• 08/10 - ETF Trading - XLE, DIG Yesterday I mentioned that even the best of us can't entirely remove human emotion from trading. But letting your emotions control you will lead to disaster. In a 3-part series, Larry Connors offers 9 Tips to Trading Without Emotion. Take a look - it's certainly appropriate for a little self-analysis......

• Building a Personal Pension Like the Professionals I think one of the biggest problems that baby boomers are going to encounter is transitioning from accumulation to decumulation.   At 30 I am still young, but it has to be an odd feeling moving from the gathering of assets to partitioning which assets to spend and when.  I recently......
• Tips For Forex Day Trading Successfully Forex day trading is different from many other types of trading and these differences can cost an investor a great deal of money if they do not know how to handle them correctly.  Anyone interested in learning about Forex day trading should be a diligent student and learn all that......
• Move Using The Market Trend When Trading And Youll Stand To Make A Great Deal More Than By Planning Against The Market. Get a functional system in which a person will come to terms with you when it comes to the development of the training course. Discover a specific trading currency system that enables you to examine a thorough processes of buying and selling. That defeats the purpose of using semi-automatic or......

06/22 – ETF Trading – USO, SCO, FXI, FXP

We have a full short trading position in USO and/or FXI. If you’re trading the inverse etfs, you have a full trading position in SCO and/or FXP.

FXI closed higher yesterday, while USO closed slightly lower.

So now we’re just waiting for our etf exit signals to trigger. Our exit signals are triggered when the closing price for USO or FXI 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 trades 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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Get More Day Trading Strategies …

• 9/15 - ETF Trading - USO, UCO It's September 15 - your estimated taxes are due! ******* I know I sound like a broken record, but the major markets remain overbought by our measures. We're still patiently waiting for a market pull-back to trigger our stock trading entry signals. Oil moved lower yesterday. Keep USO and UCO......
• 10/01 - ETF Trading - USO, SCO USO closed higher yesterday and you took your first short position in the etf trade. For the leveraged etf trade, you took your first position in SCO. Updated charts are posted below. As mentioned yesterday, we'll scale in with up to three 3 positions. So, take a second trading position......
• 10/06 - ETF Trading - FXI, SPY, SSO Good morning. Another winning etf trade as FXI moved higher yesterday. We took our gain as the price moved higher than the MA(5). SPY and SSO moved higher yesterday, so we did not enter the trades. We'll wait for the next market correction for new trading opportunities. All of these......

• Finding the Next Hot Stock for Trend Trading the Stock Market There are always opportunities in the stock market for catching a major move and trend trading that market for years. Just as there is always a raging bull or bear market somewhere, there is also always a wildly hot stock that dramatically outperforms the market indexes for years and years.......
• Investing in Dollarama, Canada's First Publicly-Traded Dollar Store Begins Trading This Week When it comes to retail and consumer stocks, Canadians have a few staples to choose from: Canadian Tire (TSX: CTC), Shoppers Drug Mart (TSX: SC), Tim Horton's (TSX: THI), even some income trusts like Cineplex Galaxy Income Fund (TSX: CGX.UN) and Pizza Pizza Income Fund (TSX: PZA.UN). Now Canadians can......
• President-Elect Obama Roundup Another edition of the RCDL roundup. Congrats to President-Elect Obama for winning the election! Frugal | Money Saving Tips: The Christian Science Monitor takes a look at when gift-card promises go unfulfilled. Good points for holiday shoppers. Financial Ramblings writes this winter tip: The Most Beautiful Way To Save Money......