Posts Tagged ‘uco’

03/29 – ETF Trading – USO, UCO

Put USO on your watch list today; USO closed lower yesterday, generating an etf trading opportunity. Consider taking the first trading position in USO should the etf close lower today.

For the leveraged trade, consider UCO. However, follow the etf trading signals for USO. UCO is a “double” etf – please trade carefully.

USO – The United States Oil Fund, LP (“USO”) is a domestic exchange traded security designed to track the movements of light, sweet crude oil (“West Texas Intermediate”).

UCO – ProShares Ultra DJ-UBS Crude Oil seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones—UBS Crude Oil Sub-Index SM.

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 position your trades 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 are triggered when the closing price for USO is higher than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70.

Learn why oil 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.

—–

Learn 16 Strategies to Improve Your Trading…

—–

• 09/30 - ETF Trading - USO, SCO Let's take another look at oil; USO closed higher yesterday, generating an etf shorting opportunity. Consider taking a short position in USO should the etf close higher today. If you're unable to short USO, consider taking the inverse etf - SCO. However, follow the etf trading signals for USO. SCO......
• 11/13 - ETF Trading - EWZ, USO, UCO Good morning. Yesterday's market sell-off gave us some trading signals and potential etf trade entry points. Put EWZ and USO on your watch list today. Take an initial position should these move lower today. For a leveraged trade on USO, consider UCO. All trades are at the market close. The......
• 06/04 - ETF Trading - USO, SCO Markets continued to move higher yesterday and so did oil. We're still waiting for our etf exit signals to trigger for our short trade in USO. The inverse, leveraged etf trade is in SCO. Our etf exit signals are triggered when the closing price for USO is lower than it's......

• How to Buy Preferred Shares of General Motors or Ford? In the last few days, I've gotten several emails that reminds me of the one (and only) time I sat in on a high stakes poker game. I say this facetiously of course, but I have received numerous requests from friends and readers who are repeatedly asking the same......
• Trading the World Wide Forex Market Forex is a trading 'method' also known as FX or and foreign market exchange. Those involved in the foreign exchange markets are some of the largest companies and banks from around the world, trading in currencies from various countries to create a balance as some are going to gain money......
• Introduction To Forex Trading If you are just starting out in the stock trading business or if you are already in it, you may have heard the term Forex trading quite a few times, but you probably might not have a clue on what it may actually mean. Forex or foreign exchange trading is......

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 to minimize our loss. Unfortunately, UCO only rallied .66% – it should have (in theory) rallied twice as much as USO since it’s a “double etf.”

This was our first trading loss of the year and the first since September 2010. Our trading is “high probability trading” – not “guaranteed trading.”

I have no new etf trading opportunities to suggest today. We’ll wait for a broader market trend to offer new etf trading opportunities.

Learn more about the etf trading strategies we use here. They’re 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.

—–

Get More Day Trading Strategies …

• 01/07 - ETF Trading - Why Trade ETFs? No trades today. The broader market remains overbought - see the high RSI(2) value on the chart for SPY below. Some of the sector indices are starting to turn over. However, we'll wait for a stock market pull-back to trigger our etf trading signals. Why trade etfs? John Nyaradi, in......
• 10/30 - ETF Trading - IWM, UWM, EWC, EWT, EWY Same story as yesterday. We're now into a full trading position for all of the etfs we've been following the past week - IWM, UWM, EWC, EWT and EWY. We've scaled-into three trading positions for each etf over the past several trading days. We're just waiting for the market to......
• 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......

• Investing in Online Stock Trading Many people have heard about online stock trading and how some people have earned extra money from it. However, many of you are hesitant in trying it out since you heard of the risks but it is probably due more on the scarcity of information for beginners. Stock trading......
• Protecting Your Investments In Times of Economic Crisis The United States economy is currently experiencing a serious financial shake up. No one really understands just how deep or how far reaching the damage is going to be, but what we do know is that there is going to be damage, and that we are going to be at......
• Currency Trading On The Internet Is For Nearly All Individuals A Little Bit More Difficult Then The Teachers Make You Imagine. If youd like to make major Foreign exchange gains, there is no more effective method to do so when compared with to have a solution and with this document, we will describe precisely how and the reason why the method works and the way you can make use of it,......

02/17 – ETF Trading – USO, UCO

To review, we’re into a full trading position for USO (and/or UCO). We’ve scaled-into three trading positions over the past several trading days.

We’re just waiting for USO to move higher from here. We got a good start yesterday with a small gain for the day.

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. Trade UCO on the signals for USO.

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

Discover the research behind all of these etf trading signals. Get 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 signals, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading.

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.

• 03/04 - ETF Trading - No Trades Today We'll make no trades today. With yesterday's strong rally, the broader market moves into an overbought condition. Notice the high RSI 2 reading for SPY in the updated chart below. So why not go short here? Our rules tell us to short an etf only when the etf price is......
• 12/10 - ETF Trading - USO, UCO, FXI With yesterday's close lower, we're into a full trading position for USO (and UCO). We've scaled into three trading positions over the past several trading days. From our watch list yesterday, FXI moved lower, and we scaled-into our first trading position. Take a second position in FXI should it move......
• 06/15 - ETF Trading - USO, SCO, FXI, FXP USO closed higher yesterday, but not enough to trigger a new trade. Take a second short trading position only if the closing price of USO moves higher than our first short trade. Use this signal to make the trade for SCO. FXI closed lower yesterday. We'll only take a third......

• Ideas For Creating Financially Rewarding Social Media Marketing Expert Services In 2009 best social media for businessCompanies are scrambling for assist! As a Virtual Assistant or On line social media marketing Professional, supplying these significantly-wanted companies will continue to keep you a number of actions forward in the exploding market place of on-line service suppliers. You can aid consumers navigate thru the......
• Vanguard Brokerage Services To Offer Free ETF Trades On May 4, 2010 the Vanguard Group announced a dramatically new pricing plan for its Vanguard Brokerage Services wing, which until now had been incredibly uncompetitive and was recommended by almost nobody.  In a move to become more competitive with online discount brokers such as Tradeking and Zecco, Vanguard has......
• Link Building Offers Your Site More Popularity And Sales. Link building is one of the most basic parts in the online business promotion. If you are serious regarding your business you may want to push it in SEO. This will give you a great opportunity of generating a lot of targeted visitors to your site and make quick money......