Posts Tagged ‘gld’

06/30 – ETF Trading – GLD, UGL

GLD closed higher yesterday and you took your profit if you exited the trade on the 5 day moving average exit signal. Otherwise, we’re waiting to exit the trade when the RSI 2 for the closing price of GLD moves above 70.

Take a second trading position should GLD close lower than 145.73.

Trade UGL on the signals for GLD.

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

Learn more about our 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.

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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• 03/10 - 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......
• 10/20 - ETF Trading - EWJ, EWY Prices for EWJ and EWY moved higher yesterday. As such, our entry signal did not trigger and we did not enter the etf trade. We'll wait for a stock market pull-back to trigger some new entry signals. Updated stock charts are posted below. Want more information about how I trade......
• 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......

• 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......
• Investing 101: ETFs (Hey kids!  And teenagers, adults, cats who fell asleep on top of the keyboard and anyone else who might be out there reading this; guess what time it is!  That's right, it's Investing 101 Time!  This week, we'll cover the wonderful, wacky world of ETFs!) Q: Alright, so what is......
• Long and Short-Term Investment Strategies by Jim Wang, guest blogger There are many investment strategies out there for anyone hoping to invest for the security of the their financial future. Mutual funds and other types of investments are an excellent tool, if utilized intelligently and carefully, to build up your finances based on educated decisions.......

06/29 – ETF Trading – GLD, UGL

GLD closed higher yesterday, but not enough to trigger our exit signals. 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 GLD close lower than 145.73. Otherwise, our exit signals are triggered when the closing price for GLD is higher than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70. Follow these trading signals for leveraged trade in UGL.

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

Join me every day as I offer new etf stock trading ideas for you to follow.

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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• 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,......
• 01/08 - ETF Trading - No ETF Trades Today No change with the market - it remains overbought. See the updated chart of SPY below. We'll wait for a stock market pull-back to trigger some new etf trading signals. What are the signals and strategies I use for etf trading? They're found in High Probability ETF Trading: now in......
• 01/27 - ETF Trading - EWH, EWZ, SPY, SSO Major US market indices moved lower yesterday - if ever so slightly. We have a full trading position in EWH and EWZ, and one trading position in SPY and SSO. Should SPY and/or SSO sell-off strongly and below the price of our initial trade, consider adding a second position. Otherwise,......

• Three Different Ways to Buy Company Stock Investing in company stock is a great way to build wealth over the long-term. This is because company stocks not only appreciate over time, but they also pay monthly or quarterly dividends. I'm currently using a strategy to build wealth with dividend stocks. Individuals can buy stock in a company......
• 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......
• 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......

06/27 – ETF Trading – GLD, UGL

GLD closed lower yesterday and you took your first long position in the etf trade. An updated chart is posted below.

As mentioned yesterday, we’ll scale in with up to three 3 trading positions. Take a second trading position should GLD close lower again today.

Otherwise, should GLD rebound, our exit signals are triggered when the etf price is greater than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70. We’ll be using the latter.

All trades are at the market close. For UGL, follow the trading signals for GLD. Please trade responsibly.

Join me every day as I offer new etf trading ideas for you to follow.

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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• ETF Trading - USO, SCO, TIP, GLD, FXE Wow - nice gains on SCO! Shorting USO also produced gains when using the RSI exit strategy. TIP continued to pull back yesterday - we're into the second long unit. GLD and FXE also moved lower yesterday. You should be into your first long unit if you're trading these etfs.......
• 07/01 - ETF Trading - No Trades Today Late-day selling pushed the market lower yesterday. The broader market remains 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......
• 04/19 - ETF Trading - No Trades Today We'll make no etf trades today. Even though the broader market sold-off yesterday, we're looking for the market to close lower in order to trigger some new etf trading signals. Why trade etfs? John Nyaradi, in an article at TradingMarkets.com, shares his 8 Reasons to Trade ETFS and what they......

• Traders Winning Secrets We often hear that 95% of people who try trading for a living fail within the first year. These are not very good odds and it is natural for new traders to wonder if they have what it takes. In this issue, I give you a list of 20......
• Common Valuation Ratios One of the major tools used by value investors to evaluate the companies they are considering is ratios.  When evaluating the variety of financial information available for publicly traded companies, it's helpful to use ratios for comparisons.  Ratios allow you to make more accurate evaluations of different companies.  If all......
• Trading Links - Is It Still A Strong Marketing Technique If you have been in Web marketing for any amount of time you are already aware that backlink developing can give a huge boost to your Internet business. And a few years ago, trading links with various other websites was looked upon as being a great way to build backlinks.......