Posts Tagged ‘iwm’

05/28 – Gains on IWM, UWM – USO, SCO, FXI, FXP

Yes! Nice gains on the IWM trade. Our etf exit signals triggered for IWM and UWM. We gained 2.83% on IWM and 5.34% on UWM, all in just 7 trading days.

All trades were at the market close. Updated charts are posted below.

If you caught my mid-day post yesterday, you took your first short position in either the USO or FXI trade, or both. For the leveraged trade you took your first position in SCO and/or FXP. These are inverse etfs.

We may take a second trading position in the next day or so should USO or FXI close higher and its RSI(2) > 94. All trades are at the market close. Please trade responsibly.

Otherwise, 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. You’ll exit the leveraged trades on these signals.

This etf trading strategy is the RSI 90/94 Strategy found 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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Learn 16 Strategies to Improve Your Trading…

• 02/18 - ETF Trading - FXI, FXP Put FXI on your watch list today. Consider 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 below its......
• 10/01 - ETF Trading - FXI, USO, UCO Wow! We took some big gains on USO and UCO, yesterday. Our gain on USO: +6.54%. Our gain for UCO: +11.99%. Recall that we took our entry positions at the market close on 9/24. For FXI, the closing price moved lower than our entry price, so you added a second......
• 02/19 - ETF Trading - FXI, FXP FXI moved higher at the close yesterday and you took your first short position. Should FXI move higher today, take a second short position. Otherwise, our exit signals are when the closing price of FXI moves below its MA(5) or - for a potentially larger take - when the closing......

• Forex Trading Machines And The Main Pluses Of Using These are the advantages of using forex magic machines: 1. No emotional trading possible The forex magic machine will not experience fear when the market is against it or greed when the market moves as it expected it to move. Instead, it will make entry and exit due to the......
• Different Types of Short Term Investments Short term investments are the most ideal form of investing if you want to invest over a period that is relatively short. Cash manager accounts make it possible to access your money whenever you need to. Fixed term deposit investments secure your money for the entire length of the term.......
• Forex Trading And Its Key Aspects For You To Consider Every beginner trader should know some aspects of Forex trading before getting involved with the market. There are some aspects of Forex trading you should know about. Some of them may sound a little academical, but they are still important. There is leverage, which allows you to control larger sums......

05/27 – ETF Trading – IWM, UWM

Ok – let’s try this again. Stock futures and world markets are moving higher this morning. Perhaps we’ll be able to take our etf trading gains today.

IWM closed slightly higher yesterday, but not enough to trigger our exit signals; ditto for the leveraged etf trade in UWM. 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.

Our etf trading strategy has been to scale in with up to three 3 trading positions, but we’ll wait for the market to present the trading opportunities. Take a third trading position today should IWM close lower than 64.12; the same for UWM at 29.37.

Updated charts are posted below. All trades are at the market close. Please trade responsibly.

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.

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Let the world’s top fund managers guide you in this market – AlphaClone

• 12/3 - ETF Trading - No Trades Today This market remains overbought - see the high RSI(2) value on the chart for SPY. We'll wait for a stock market pull-back to trigger some new trading entry signals. All of the signals and strategies I use for etf trading are found in the book by Larry Connors: High Probability......
• ETF Trading - USO, UCO, EWH A nice 2.08% gain on USO, yesterday, if you exited on the (MA)5 signal. Otherwise, we're still in the trade for USO and UCO and we'll take our gains on the RSI(2)>70 signal. All etf trades are at the market close. Our signal for EWT did not trigger yesterday. Consider......
• 05/21 - ETF Trading - IWM, UWM Good morning. Quite a sell-off yesterday. IWM moved lower yesterday and you took your second position in the etf trade. The same for the leveraged etf trade in UWM. Should IWM and/or UWM close lower today, take your third position in the trade. Otherwise, our etf exit signals are triggered......

• Foreign Market The foreign exchange market is also known as FX or it is also found to be referred to as the FOREX. All three of these have the same meaning, which is the trade of trading between different companies, banks, businesses, and governments that are located in different countries. The financial......
• Time for your Retirement Account annual checkup Your doctor wants to see you at least once a year just to make sure everything is in order and nothing has gotten out of balance. He (or she) will want to run some tests, analyze the results and then determine if there are any changes you need to make......
• Different Types of Short Term Investments Short term investments are the most ideal form of investing if you want to invest over a period that is relatively short. Cash manager accounts make it possible to access your money whenever you need to. Fixed term deposit investments secure your money for the entire length of the term.......

05/26 – ETF Trading – IWM, UWM

IWM barely closed lower yesterday, but not lower than our second entry price of last Thursday. Consequently, we’re still waiting to take the third trading position in the etf trade. Likewise for the leveraged etf trade in UWM.

Our etf trading strategy is to scale in with up to three 3 trading positions, but we’ll wait for the market to present the trading opportunities. Take a third trading position today should IWM close lower than 64.12; the same for UWM at 29.37.

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. Stock futures and world markets are higher this morning – perhaps we’ll be able to take some gains!

Updated charts are posted below. All trades are at the market close. Please trade responsibly.

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.

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Let the world’s top fund managers guide you in this market – AlphaClone

• 05/24 - ETF Trading - IWM, UWM Good morning. IWM closed higher Friday. Consequently, you did not take the third trading position in the etf trade. Likewise for the leveraged etf trade in UWM. Our etf trading strategy is to scale in with up to three 3 trading positions, but we'll wait for the market to present......
• 07/19 - ETF Trading - A Gain and a Loss A small gain on our S&P trade: our etf exit signals triggered on Friday for SPY and SDS with the large market sell-off. We gained 1.12% shorting SPY. For the leveraged trade in SDS, we gained 1.92%. Our etf exit signals triggered for XLU on Friday as well. We had......
• 10/01 - ETF Trading - FXI, USO, UCO Wow! We took some big gains on USO and UCO, yesterday. Our gain on USO: +6.54%. Our gain for UCO: +11.99%. Recall that we took our entry positions at the market close on 9/24. For FXI, the closing price moved lower than our entry price, so you added a second......

• Investing like a Chimp My ETF profile, my only investment outside my retirement accounts, are based on the ideal portfolio pitched on the MoneyChimp. They go over how to create a complete stock account, using either index mutual funds or ETFs, following some sound financial principals and the Fama and French test portfolios. They......
• Search Engine Optimization For Traffic And Profits The point of this article is to help you to the next level and show you what search engine optimization has to offer. Doing business on the internet is very competitive. You have to arm yourself with the know-how and the marketing tools to make your business a step above......
• My New Hypothetical Asset Allocation... In my previous post, I detailed how I would allocate a hypothetical $100,000 portfolio. I had a few goals in mind when I was creating the portfolio: Keep expenses low. Some expense ratios are over 1%, which is a high price to pay if your balanced portfolio returns 8-10% a......