Posts Tagged ‘ugl’

06/27 – ETF Trading – GLD, UGL

GLD closed lower yesterday and you took your first long position in the etf trade. An updated chart is posted below.

As mentioned yesterday, we’ll scale in with up to three 3 trading positions. Take a second trading position should GLD close lower again today.

Otherwise, should GLD rebound, our 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. We’ll be using the latter.

All trades are at the market close. For UGL, follow the trading signals for GLD. 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.

—–

Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone

—–

• 02/01 - ETF Trading - No Trades Today Our etf trading signals for SPY did not trigger yesterday. We'll make no trades today. The broader market closed higher yesterday. The chart for SPY shows just how over-bought the market is (see the updated chart for SPY below - notice the very high RSI(2) reading). We'll wait for a......
• 08/26 - ETF Trading - No Trades Today No trades for today. However, the major stock market indices closed higher with an afternoon rally. A few more positive days will trigger our short etf entry signals. Be patient. In the meantime, get a quick lesson on how to become a high probability trader in this article by Larry......
• ETF Trading - USO, SCO, TIP, GLD, FXE Wow - nice gains on SCO! Shorting USO also produced gains when using the RSI exit strategy. TIP continued to pull back yesterday - we're into the second long unit. GLD and FXE also moved lower yesterday. You should be into your first long unit if you're trading these etfs.......

• Junior Gold Miners ETF, the Bubble in Gold and What You Should Worry About Over the Weekend Is there a bubble in gold? Liz Weston thinks so.  And if you talk to Matt at Steadfast Finances, he'll be quick to agree. I'd concede there's definitely a boom or "bandwagon" effect happening with money flowing into gold right now, but I'm not convinced it can be called a......
• Why To Trade The Forex Market More and more savvy investor and entrepreneurs are trying to build their fortunes in the foreign exchange. They are trying their luck in forex trading because of numerous advantages over any type of investments. Even if you are an experienced stocks or commodities trader you will discover how powerful the......
• Best Trade of 2009 Almost exactly a year ago, I mentioned a paired-trade investment between the long-term Bond ETF (TLT) and short-term corporate/sovereign bond ETF (AWF).  I went long AWF and shorted an equal dollar amount of TLT. Last week, I closed the position after holding it for just over a year. When I......

06/27 – ETF Trading – GLD, UGL

Put GLD on your etf watch list today. Take an initial position should this etf close lower today. GLD has had quite a sell-off the past few trading days. For a leveraged trade, consider UGL.

GLD – The objective of the SPDR® Gold Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses.

UGL – ProShares Ultra Gold seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.

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.

Follow me for daily etf stock trading ideas.

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.

—–

Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone

—–

• 12/01 - ETF Trading - QQQQ, QLD Though stock futures are higher this morning, you never know what the day may bring! Put QQQQ on your watch list today. Consider taking your first long position should the etf close lower today. For the leveraged trade, consider QLD. QQQQ - PowerShares QQQ™, formerly known as "QQQ" or the......
• 03/19 - ETF Trading - No Trades Today Good morning. The broader market remains overbought (see the updated chart of SPY below). As such, I have no etf trading suggestions for today. A stock market pull-back will trigger some new etf trading signals. Once we take an etf trade, we won't always take just one trading position. There......
• ETF Trading - FXI, SPY, SSO Ok - FXI closed lower yesterday, so we took our first long position in the etf. Should FXI close lower today, consider taking a second position; otherwise, take your trading gains on the exit signals. With such a large sell-off yesterday, many new trading signals fired! Today, we'll focus on......

• This Sort Of Trading Has Numerous Positive Aspects Across Equity Trading Like The Stock Exchange. Its Fees Are Incredibly Small, Making The Cost To A Trader Very Minimal Too. This sort of trading has numerous positive aspects across equity trading like the stock exchange. Its fees are incredibly small, making the cost to a trader very minimal too. Pertaining to some investors it is a buy.sell point produced by one of the many widely used signs accessible these days.......
• Advantages and Disadvantages of Investing in Gold Bullion vs. Gold Stocks vs. Gold ETFs Most analysts agree that a well-balanced portfolio should allot a certain amount, somewhere between 5-15%, to gold, depending on your outlook for the economy in the near, mid, and long-term future.  One decision you need to make is how to allocate this portion amongst the several options for owning gold. ......
• Funny Stock Symbols The Wall Street Journal had an article about different ETF Funds suing each other because their names are similar and may be confusing to some investors, and it got me to thinking what funny stock market symbols are out there? I always liked BUD for Budweiser’s parent company, Anheuser......

07/02 – ETF Trading – GLD, UGL

Put GLD on your etf watch list today. Take an initial position should this etf close lower today. GLD had quite a sell-off yesterday. For a leveraged trade, consider UGL.

GLD – The objective of the SPDR® Gold Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses.

UGL – ProShares Ultra Gold seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.

We’ll take up to 3 etf trading positions. All etf trades are at the market close. Please trade responsibly.

Have a great holiday weekend! We’ll pick it up next week with some 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.

—–

Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone

• ETF Trading - GLD, FXE Nice - GLD and FXE moved higher still on Friday! You took your stock trading gains based on the exit strategies found in High Probability ETF Trading.  You doubled your take on gold if you chose to trade UGL! Let's patiently wait on a market pull-back for more profit taking......
• 07/07 - ETF Trading - XLU, SDP The S&P Utilities Sector ETF closed higher Friday yesterday, generating an etf shorting opportunity. Consider taking a short position in XLU should the etf close higher today. If you're unable to short XLU, consider taking the inverse etf - SDP. However, follow the etf trading signals for XLU. SDP is......
• 9/10 - ETF Trading - No Trades Today The markets are overbought by our measures. We'll patiently wait for a market pull-back to trigger our stock trading entry signals. All of the signals and strategies I use are found in the book by Larry Connors: High Probability ETF Trading. The strategies have only a few rules and you'll......

• Perth Mint Suspends Orders For Gold Bullion As a follow-up to my previous 2 posts on gold, here's a news article about the Australian Perth Mint suspending orders for gold bullion until January. Apparently having it's workers slog 7 days a week isn't enough to meet demand! FEARS of the unknown long-term effects from the global financial......
• Investor Psychology: Missing Out on Profits is More Frightening than Losing Money I ran across an interesting bit of research today suggesting that one of the leading ways investors get suckered into investment bubbles, and subsequently decimate our annual performance, is that we are far too concerned with being left out of the money making process, rather than losing our original investment.......
• Protecting Yourself Against Inflation While the debate between inflation and deflation keeps on going, I'm firmly in the camp of inflation. And so is Warren Buffett, as are many other investment advisors. So how do you protect yourself and your investments from the effects of inflation? Investment newsletter editor, Keith Fitz-Gerald, recently had a......

03/17 – ETF Trading – Gains on GLD, UGL

Nice gains on our trade! Markets closed higher and triggered our exit signals for GLD and UGL. We gained 2.11% on GLD and 4.11% on UGL.

Our exit signals were triggered when the etf price moved higher than it’s MA(5), or – for the larger gain – when the RSI(2) moved above 70. We use the latter on our etf trades here.

All trades were at the market close. Updated charts posted below.

Learn how you can make high probability etf trades like this. Get Larry Connors’ best selling book: High Probability ETF Trading. In Chapter 8, you’ll get “An Introduction to TPS – Time, Price, Scale-in.” It’s one of the best performing ETF trading strategies available and used here at ETF-Stock-Trading.com.

No other trades to suggest for today. Happy St. Patrick’s Day!

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.

• 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......
• 11/01 - ETF Trading - USO, SCO Markets are moving lower this morning along with oil. Perhaps today is the day we can exit our short trade in USO. We have a full, short trading position and we're patiently waiting for a continued sell-off and a move lower to trigger our exit signal. USO closed lower yesterday.......
• 02/02 - ETF Trading - EWH, EWZ, SPY, SSO Markets closed higher yesterday and triggered our exit signals for EWH and EWZ - unfortunately for us, at a loss. We still have full trading positions or SPY and/or SSO. Should the market move higher today, we will be able to take our gains! Our exit signals are triggered when......

• 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......
• Antique Books Antiques -> Books and Manuscripts -> American If you are interested in finding a collectible that has a true story to tell, antique books are the ideal choice. These offer the ability to collect something that has value, not only in the actual worth of the item, but in the......
• Easy Checks To Make Before Launching A Website Your website is your biggest marketing tool and the only way to actually communicate your ideas via the Internet in an effective manner. Your site could about a lot of things. If it is not doing what your customers want and need, then it is lacking something somewhere. So that......

03/16 – ETF Trading – GLD, UGL

GLD closed higher yesterday. As such, you did not take the third trading position in the etf trade. Likewise for the leveraged etf trade in UGL.

Our trading strategy is to scale in with up to three 3 trading positions, but we’ll wait for the market to present the trading opportunities. Take a third trading position today should GLD close lower than 107.95 – the same for UGL at 44.68.

Otherwise, 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.

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.

• 03/11 - ETF Trading - XLE, DIG So much chaos in the world - social unrest in the middle east, and now earthquakes and tsunamis in Japan. I hope you're in a safe place today. XLE closed lower yesterday with the big sell-off in stocks. Accordingly, you took your second position in our etf trade. Likewise for......
• 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......
• 02/08 - ETF Trading - No Trades Today Good morning. The market snapped back late Friday afternoon, denying us the opportunity to buy our etf watch list candidates. We'll wait for another stock market sell-off to trigger some new etf trading signals. An updated chart of SPY is posted below. All of the signals and etf trading strategies......

• Email Marketing Strategies - Is Your Marketing Going Viral? Email Marketing Strategies - Don't Spam! Are you getting slammed with email promotion after email promotion? I am guessing you probably are and many times you probably haven't even asked for the email. It never ceases to amaze me just how many people are ignorant to the fact that nobody......
• 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......
• Which Dividend Stocks Are Worth Looking At? The market has been defying gravity this summer, with the S&P500 up 49% since March. But most of the appreciation has been in what I consider lower quality stocks. Many homebuilders with doubtful prospects have doubled from their recent lows, while stocks that are somewhat recession proof like McDonalds, Walmart,......