Posts Tagged ‘gld’

03/12 – ETF Trading – GLD, UGL

GLD closed higher yesterday. As such, you did not take the second position in the trade. Likewise for the leveraged etf trade in UGL. Updated charts are posted below.

Our trading strategy is to scale in with up to three 3 trading positions, but we’ll patiently wait for the market to present the trading opportunities. Take a second trading position today should GLD close lower than our entry price – the same for UGL. All trades are at the market close. Please trade responsibly.

Otherwise, 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.

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.

• 03/10 - ETF Trading - GLD, UGL Good morning. Not a whole lot is flashing on my stock screener; however, I do have a suggestion for today. Put GLD on your watch list. Take an initial position should this etf close lower today. GLD has been down 4 days in a row, and looks ready for a......
• ETF Trading - FXI, SPY, SSO Ok - FXI closed lower yesterday, so we took our first long position in the etf. Should FXI close lower today, consider taking a second position; otherwise, take your trading gains on the exit signals. With such a large sell-off yesterday, many new trading signals fired! Today, we'll focus on......
• 12/29 - ETF Trading - Scale In Strategies Good morning. My stock screener is telling me that we have no etf trading opportunities today. Markets are in an overbought condition. We'll wait for a stock market pull-back to trigger new entry signals. Once we enter an etf trade, we won't always take just one trading position. There are......

• Seasonal Investing ETF and Seasonal Investing Strategies from Brooke Thackray Earlier this year I wrote an article explaining seasonal investing for those new to this particular stock investing strategy.  My attention is turned once again to the topic of seasonal investing now that Horizons BetaPro has launched a new seasonal investing ETF. Moreover, the new AlphaPro Seasonal Rotation ETF (TSX:......
• Investment Strategies With $10,000 or less #2: Index Mutual Funds Last Tuesday, we looked at how to create a bond ladder with less than $10,000. While certificates of deposit are good to balance out your portfolio and provide peace of mind with security like a comfy blanket while sitting in front of a warm glowing fireplace, they will definitely......
• Investing Baby Steps #2: Different Investing Strategies For Beginners Part 1 According to your investor profile, you might want to take a different route for investing. Forget what your neighbour or your brother-in-law told you about “the next big thing”. If they were that good, they would be calling you from their yacht in the Bahamas to give your stock......

03/11 – ETF Trading – GLD, UGL

Ok. GLD closed lower yesterday and you took your first position in the etf trade. For the leveraged etf trade, you took your first position in UGL. Updated charts are posted below.

Once we trade, we don’t always take just one trading position. There are times when we’ll scale in to the trade – sometimes up to 3 to 4 additional positions. And each position gets a bit larger than the previous position. Larry Connors has a great summary of these strategies which you can review here.

We’ll scale in with up to three 3 positions. So, take a second trading position should GLD close lower today – the same for UGL. All trades are at the market close. Please trade responsibly.

Otherwise, 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.

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.

• ETF Trading - SLV, EWJ, EWY Nice move on SLV yesterday (AGQ, too)! Too bad we didn't get into this trade last Friday. If you got into the trade intraday, take your stock trading gains at the market close today provided the stock price moves above it's 5 day moving average. EWJ started a small move.......
• 02/09 - ETF Trading - SPY, SSO Let's try this again! Put SPY on your watch list today. For a leveraged trade, consider SSO. Take your first position in the trade should these etfs move lower today. All trades are at the market close. You can follow the trades with this simple etf trading worksheet I created.......
• ETF Trading - USO, SCO There are no new etf trading opportunities to suggest today. We're patiently waiting for the stock market to change course and provide us with new stock trading opportunities. We're also patiently waiting to take our gains on USO and/or SCO. Take your gains when the closing price of USO closes......

• How Can A Forex Trader Succeed On The Foreign Exchange Market? There are so many people who would like to enter the trade on the forex market being inspired by the incredible stories about how it is easy and without any difficulties to become a successful forex trader and make a fortune within few hours. What is more, they think that......
• The Ins And Outs Of Financial Stock Market The ins and outs of financial stock market ( Note: I used the stock market to fund me while writing the newly released #1 flat house share site for tenants and landlords and even roommates ) The following article covers a topic that has recently moved to center stage--at least......
• How To Invest in the Indian Stock Market The Indian Stock Market has giving spectacular returns in the past 12 months.[Its doubled in the past 24 months.]Unfortunately, people who live in America or Canadia aren't allowed to invest directly in Indian Stocks. However there are a few Mutual Funds that are allowed to invest and through them we......