Posts Tagged ‘rats’

02/10 – ETF Trading – Rats!

Rats! – we should have taken the trade on Monday! Prices for SPY and SSO moved higher yesterday. As such, our entry signal did not trigger and we did not enter the etf trade.

Patience, dear Trader – we’ll just have to wait for a stock market pull-back to trigger some new entry signals – and then be able to recognize the signals!

An updated stock chart for SPY is posted below.

Want more information about how I trade etfs? Discover the etf trading strategies and entry signals I use. They’re found in the book by Larry Connors: High Probability ETF Trading. I think I’ll re-read Chapter 8: An Introduction to TPS. You can get and read it here.

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• 11/9 - ETF Trading - No Trades Today My apologies for the delayed post - I was having technical difficulties this morning. There are no etf trades for today. We'll wait for our entry signals to trigger on a market pull-back. One of the trading signals I use is the 200 day moving average. David Penn of TradingMarkets.com......
• 3/24 - ETF Trading - No Trades Today The broader market closed higher yesterday and is now over-bought (see the updated chart of SPY below). Let's wait for continued selling to trigger some new etf trading signals. We want the RSI 2 to drop below 25 before we start considering etf trading candidates. How do I find our......
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