07/18 – ETF Trading – IWM, UWM
IWM closed higher on Friday, but not enough to trigger our exit signals. Updated charts are posted below.
Take a third and final trading position should IWM close lower than 82.26 – trade UWM on this signal for the leveraged etf trade.
Otherwise, our exit signals for IWM 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.
All trades are at the market close. Please trade responsibly.
Learn why the Russell 2000 index is now a good 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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- 07/20 - ETF Trading - IWM, UWM IWM closed higher yesterday and you took a gain of 1.65% on the trade if you exited the trade on the 5 day moving average signal. The trade in UWM yielded 3.12%. Updated stock charts are posted below. Another exit signal for IWM, and one that offers a potentially bigger......
- 12/24 - ETF Trading - FXI Good morning and Merry Christmas. FXI moved higher yesterday, and we exited the trade on the RSI(2)>70 signal at the market close. Unfortunately, we took a 3.43% loss on the trade. Recall that we entered the position on 12/9 and then scaled-in to the trade over a several day period.......
- 06/07 - ETF Trading - Gains on USO, SCO Nice gains on the short oil trade - another winning trade. Our etf exit signals triggered for USO and SCO. We gained 4.75% shorting USO and we gained 9.40% on SCO - all in a 5 day trade! All trades were at the market close. Updated charts are posted below.......
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Categories: ETF Stock Trading Tags: iwm, uwm
07/15 – ETF Trading – IWM, UWM
Good morning. IWM closed lower yesterday and you took your second position in the etf trade. Likewise for the leveraged etf trade in UWM.
Should IWM close lower today, take your third and final position in the trade. Otherwise, our etf 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.
Trade UWM on the signals for IWM.
All trades are at the market close. Please trade responsibly.
Learn why the Russell 2000 index is now a good 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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- 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......
- 09/08 - ETF Trading - IWM, TWM IWM closed lower yesterday, but not enough to trigger our exit signals. Updated charts are posted below. Take a third short trading position should IWM close higher than 64.33 - trade TWM on this signal for the long trade. Otherwise, our exit signals for IWM are triggered when the etf......
- 9/18 - ETF Trading - EWJ, XSD, USD Put EWJ back on your watch list today, and take an initial position should it close lower today. iShares MSCI Japan Index Fund (EWJ) seeks to provide investment results that correspond to the price and yield performance, before fees and expenses, of publicly traded securities in the aggregate in the......
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Categories: ETF Stock Trading Tags: iwm, uwm
07/14 – ETF Trading – IWM, UWM
IWM closed higher yesterday, but not enough to trigger our exit signals. Updated charts are courtesy of StockCharts.com and are posted below.
Take a second trading position should IWM close lower than our initial trading entry price. Otherwise, our exit signals for IWM 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.
Trade UWM on the signals for IWM.
All trades are at the market close. Please trade responsibly.
Learn why the Russell 2000 index is now a good etf trading opportunity in the award winning 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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- 09/14 - ETF Trading - IWM, TWM IWM closed higher yesterday, enough to trigger taking a third and final short position. IWM is over bought and ready for a correction - notice that the RSI(2) is high at 95.69. The higher closing price for IWM also triggered a third and final etf trade position for TWM. We'll......
- 11/02 - ETF Trading - Loss on USO, SCO Our exit signal for our short trade in USO finally triggered yesterday, unfortuately at a loss. Our loss in USO was 3.82% while our loss in the leveraged trade in SCO was 8.72%. Though we had a loss on this trade, we still have made 17 winning trades out of......
- 02/18 - ETF Trading - Loss on USO, UCO Our etf exit signals finally triggered for this agonizing trade in USO. Unfortunately (and luckily) we took just a small loss in the trade - 0.66%. The leveraged etf trade in UCO yielded a loss of 3.36%. USO did have a nice rally yesterday - up 1.49% - which helped......
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Categories: ETF Stock Trading Tags: iwm, uwm
07/13 – ETF Trading – IWM, UWM
IWM 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 position should IWM close lower today.
Otherwise, our exit signals for IWM 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 use the latter.
Trade UWM on the signals for IWM.
All trades are at the market close. Please trade responsibly.
Read and learn why the Russell 2000 index is now a good etf trading opportunity in the award winning 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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- 01/21 - ETF Trading - IWM, UWM IWM 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 positions. So, take a second trading position should IWM close lower today. Otherwise, our exit signals for......
- 03/14 - ETF Trading - XLE, DIG XLE closed higher on Friday, but not enough to trigger our exit signals. Updated charts are posted below. Take a third trading position should XLE close lower than 73.83. Otherwise, our exit signals for XLE are triggered when the etf price is greater than it's 5 day moving average, or......
- ETF Trading - TIP, USO, SCO, GLD, FXE The signals for TIP triggered yesterday - we're into the first long unit. USO closed below it's MA(5). Per the rules we've been following, this resulted in a losing trade (it's High Probability ETF Trading - not "guaranteed results" trading). Another exit strategy to consider is to exit the trade......
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Categories: ETF Stock Trading Tags: iwm, uwm
07/12 – ETF Trading – IWM, UWM
IWM closed lower yesterday, generating an etf trading opportunity based on our etf trading signals. Consider taking a long position in IWM should the etf close lower today. For the leveraged trade, consider UWM.
IWM – The iShares Russell 2000 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the small capitalization sector of the U.S. equity market as represented by the Russell 2000 Index. The index represents the approximately 2,000 smallest companies in the Russell 3000 Index.
UWM – ProShares Ultra Russell2000 seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Russell 2000® 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 IWM are triggered when the closing price for IWM is higher than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70.
Trade UWM on the signals for IWM.
Learn why the Russell 2000 index is now a good 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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Related Posts
- 09/10 - ETF Trading - IWM, TWM IWM closed ever so slightly higher yesterday, but not enough to trigger taking a third short etf trading position. Updated charts are posted below. Look at how the 200 day moving average is keeping a lid on the price action. To review, we have 2 trading positions in IWM and/or......
- 08/24 - ETF Trading - SPY, SH, SDS SPY closed higher yesterday, with an RSI 2 greater than 75. Should it close higher today, consider taking your first short position in this etf trading opportunity. SPY - The SPDR® S&P 500® ETF is a fund that, before expenses, generally corresponds to the price and yield performance of the......
- 08/17 - ETF Trading - No Trades Today The broader market moved just a bit lower yesterday and 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 new short trading......
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Categories: ETF Stock Trading Tags: iwm, uwm


















