Posts Tagged ‘ugl’

07/06 – ETF Trading – Gain on GLD, UGL

Chalk up another winning trade. Our exit signals for GLD triggered with yesterday’s rally and we took a gain of 1.68%. The leveraged etf trade in UGL yielded a gain of 3.20% – all in a 5 day trade.

I have no etf trading opportunities to suggest today. We’ll wait for a market correction to trigger new etf trading signals.

Learn how to make easy etf trades like this – get 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 to make your own winning trades!

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.

—–

Enjoy peace of mind with identity theft protection from LifeLock. www.LifeLock.com

—–

• 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......
• 01/08 - ETF Trading - No ETF Trades Today No change with the market - it remains overbought. See the updated chart of SPY below. We'll wait for a stock market pull-back to trigger some new etf trading signals. What are the signals and strategies I use for etf trading? They're found in High Probability ETF Trading: now in......
• 02/28 - ETF Trading - Gain on QQQQ, QLD We closed Friday with another winning trade. Our exit signals for QQQQ triggered with Friday's rally and we took a gain of 1.93%. The leveraged etf trade in QLD yielded a gain of 3.84% - all in a 2 day trade. We've now made 35 winning trades out of 42......

• Mini Sites Vs. Authority Sites - Which Is Better? Mini sites and authority sites represent two alternative online marketing models, and not everyone understands the real differences. Inexperienced internet marketers often don't know the difference or have trouble choosing between these alternatives. Among the many considerations that are involved, you can't ignore Google's algorithms when it comes to ranking......
• The Pros and Cons of Investing in ETFs In last decade, specialty ETFs (Exchange Traded Funds) are probably the hottest thing to hit Wall Street since the rise of the discount brokers in the mid 1990s. Initially, ETFs were not very popular because they only tracked the performance of a few stock market indices. However, in today's investing......
• Should you Trade on the Forex Market? This is a guest post by Forex Traders. Before opening a forex account, make sure you understand the risks! The foreign exchange market or forex market can be an interesting way to invest money. Forex Trading occurs when an investor trades currencies from two different countries in the hopes of......

07/05 – ETF Trading – GLD, UGL

Good morning. For those trading on the RSI 2 > 70 exit signal, GLD closed lower on Friday and you took your second position in the etf trade. Likewise for the leveraged etf trade in UGL.

Should GLD close lower today, take your third and final position in the trade. Otherwise, our etf exit signals are triggered when when the RSI 2 is greater than 70 at the close.

Follow the signals for GLD when trading UGL. 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.

—–

Enjoy peace of mind with identity theft protection from LifeLock. www.LifeLock.com

—–

• 03/03 - ETF Trading - FXI, FXP Good morning. FXI moved higher yesterday and you took your second short position in the etf trade. Take your third short position should FXI close higher today. Otherwise, our exit signals are triggered when the etf price closes lower than it's MA(5), or - for a potentially larger gain -......
• 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......
• 03/15 - ETF Trading - GLD, UGL Good morning. On Friday, GLD moved lower and you took your second position in the etf trade. For the leveraged trade, UGL also moved lower and you took your second position in the trade. Should these etfs move lower today, take your third position in the trade. Otherwise, our exit......

• Free Trades With TDAmeritrade I recently referred a co-worker to TDAmeritrade. I was supposed to get $50 and he was supposed to get 5 free trades. Well neither of us got squat so I had him call customer support. At first he didn't believe there was an such promotion so I had to tell......
• 20 Funny ETF Ticker Symbols That Will Never Exist Now that the investing world is moving towards a world of total ETFification, I think it's time we begin giving these fee generating, cash cows catchy ticker symbols that we can actually remember. The easiest way, in my opinion, is to associate each sector or macro investing goal with commonly......
• GP 5 Things You Need To Look At When Trading ETFs Today, I am leaving the world of asset allocation to talk a little bit more about Exchange Traded Funds (ETF). This is probably one of the most popular investment products. Its popularity is soaring amongst smaller investors especially over the past 5 years. The purpose behind ETFs Wouldn’t you......

07/01 – ETF Trading – GLD, UGL

GLD closed lower yesterday but not enough to trigger taking a second trading position. We’re still in the trade because we’re waiting to exit the trade when the RSI 2 for the closing price of GLD moves above 70. If you followed the 5 day moving average exit signal, you exited the trade with a gain.

Take a second trading position should GLD close lower than 145.73.

Trade UGL on the signals for GLD.

All trades are at the market close. Please trade responsibly. Have a great holiday weekend!

Learn more about our 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.

—–

Protect your wealth – Buy Collectible US Coins

—–

• 10/26 - ETF Trading - USO, SCO Our short trade in USO continues to drag on and is taking a bit longer than our usual trade. We have a full, short trading position and we're patiently waiting for a sell-off and a move lower to trigger our exit signal. USO closed higher yesterday. Our exit signal is......
• 01/12 - ETF Trading - TPS Trading Strategy No trades for today. The stock market certainly remains overbought (see the chart of SPY I've posted - the RSI(2) remains very high). We'll patiently wait for the market to trigger our entry signals. In the meantime, get a quick lesson on how to become a high probability trader in......
• 05/14 - ETF Trading - No Trades Today The broader market is now in neutral territory - see the RSI(2) value on the chart for SPY. Nothing we can do - we'll just patiently wait for a stock market pull-back to trigger our etf trading signals. Europe is down this morning which may trigger some selling here in......

• Vanguard Now Offering Free Trades on In-House ETFs Not to be outdone by low cost ETF competitors like Charles Schwab, Vanguard customers now have the option to trade Vanguard ETFs commission free, as well as benefit from online discount broker like commissions on individual stock trades. Commission-free ETF transactions. Vanguard brokerage clients may make commission-free transactions in Vanguard’s......
• 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......
• Investing In A Precious Metals ETF Investors who are looking for a good growth investment might choose to purchase precious metals. These include gold, silver, platinum, and palladium. There are options to consider when investing in these metals, such as whether to purchase the actual physical bullion or coins, or buy precious metals ETF, also known......