Posts Tagged ‘uco’

02/11 – ETF Trading – USO, UCO

USO closed a bit higher yesterday, but not enough to trigger our exit signals. Updated charts are posted below.

Take a third trading position should USO close lower than 36.50 – trade UCO on this signal for the leveraged trade.

Otherwise, our exit signals for USO 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. Have a great weekend!

Learn more about 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

Don’t forget – Valentine’s Day is Monday

• 04/15 - ETF Trading - Gains on USO, UCO Nice gains on the oil trade! Our etf exit signals triggered for USO and UCO. We gained 2.09% on USO and 3.55% on UCO. All in a 3 day trade! All trades were at the market close. Updated charts are posted below. You can download the spreadsheet for the etf......
• 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......
• 12/8 - ETF Trading - EWC, USO, UCO Good morning. Yesterday, USO (and UCO) moved lower and you took your initial position in the trade. EWC moved higher and we did not take that trade. Should USO (or UCO) move lower today, take a second position in the trade. Otherwise, our exit signals are triggered when the etf......

• Etf Trading Membership But, if you're looking for the longer term investments that have proven to win over the last year, continue to win RIGHT NOW, and are predicted by the most sophisticated stock trading system I've ever seen to continue to be winners in the future, even in this economy, then ETF......
• How To Invest in the Indian Stock Market The Indian Stock Market has giving spectacular returns in the past 12 months.[Its doubled in the past 24 months.]Unfortunately, people who live in America or Canadia aren't allowed to invest directly in Indian Stocks. However there are a few Mutual Funds that are allowed to invest and through them we......
• Book Review: A Random Walk Down Wall Street In my quest to build wealth, I've decided the best way is to gain as much knowledge as I can in investing, and entrepreneurship. I've been reading as many personal finance and career focused blogs as possible. Additionally, I've been creating a list of investing, personal finance and small business......

02/10 – ETF Trading – USO, UCO

Good morning. USO closed lower yesterday and you took your second position in the etf trade. Likewise for the leveraged etf trade in UCO.

Should USO 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 MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70.

Follow the signals for USO when trading UCO. 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 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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• 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......
• 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......
• 12/14 - ETF Trading - USO, UCO, FXI We have full trading positions for USO (and UCO). FXI moved higher on Friday. As such, we did not take a third trading position in FXI. So, we'll just exercise some patience as we wait for the market to move higher from here. Futures are pointing higher this morning. Our......

• Personal Retirement Plan Investment Options Good financial management consists of two different distinct facets, the first of which is learning how to make the best use out of your limited earned income in order to best meet your current expenses, and the second of which has to do with learning how to implement strategies that......
• Regardless of Faith Is Sharia or Muslim Based Investing For You? I recently read an interesting article on Shariah, or Islamic Law, based investing and I found it very interesting.  The article titled, “Profiting From Morality” was in November’s Issue of Investment Advisor Magazine.  Within the Article it mentioned one estimate that this niche has somewhere in the range of $900......
• Trading Stocks Guide 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......

02/09 – ETF Trading – USO, UCO

USO 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 trading position should USO close lower today. Otherwise, our exit signals for USO 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. We’ll use the latter.

For the leveraged trade in UCO, follow the trading signals for USO.

All trades are at the market close. 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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• 11/15 - ETF Trading - No Trades Today Sellers moved into the market yesterday and the broader market was relieved of its over-bought position - see the RSI 2 in the chart for SPY below. We'll patiently wait for the over-bought condition to return so as to trigger some new short etf trading signals. We're not taking any......
• 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......
• 04/15 - ETF Trading - SPY, SSO SPY closed higher yesterday, but not enough to trigger our exit signals. Take a second trading position should SPY close lower than our entry price. Otherwise, our exit signals are triggered when the closing price for SPY is higher than it's 5 day moving average, or - for a potentially......

• Stock Trading Boom Online stock trading has created a boom in the industry of stock market. It has made everyone to enjoy the excitement and thrill of stock trading by using your computer system. It has made possible to continue trading even if you are out of town, therefore, you can have......
• A Lazy Portfolio Investing can seem very complex if you are new to it. There are so many options out there. How is one to choose between stocks, mutual funds, CDs, corporate bonds, treasury bonds, savings accounts, and even more exotic options like lending on Prosper. With all this complexity it may be......
• How Pensioners Can Beat the Tax Man by Saving with ISAs More than 19 million people in the UK save money in ISAs – many of them pensioners, and many of them use stocks and shares ISAs. This can be a good way to limit your tax liabilities on investments, as you are not required to pay any tax on the......