Posts Tagged ‘ugl’

06/30 – ETF Trading – GLD, UGL

GLD closed higher yesterday and you took your profit if you exited the trade on the 5 day moving average exit signal. Otherwise, we’re waiting to exit the trade when the RSI 2 for the closing price of GLD moves above 70.

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.

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.

—–

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

—–

• 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......
• 02/12 - ETF Trading - No Trades Today I have no trades to suggest today today. The stock market has moved into an overbought position (see the chart of SPY I've posted - the RSI(2) has moved above 75). We'll patiently wait for the market to trigger our entry signals. In the meantime, get a quick lesson on......
• 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......

• Long and Short-Term Investment Strategies by Jim Wang, guest blogger There are many investment strategies out there for anyone hoping to invest for the security of the their financial future. Mutual funds and other types of investments are an excellent tool, if utilized intelligently and carefully, to build up your finances based on educated decisions.......
• 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......
• Are ETFs a Good Way to Create Secondary Streams of Income? ETFs, or Exchange Traded Funds, are all the rage in the investment world, but so far, they really don’t have much of a track record. This is a fairly new method for investing and the long term data just isn’t there to determine how effective these investments can be over......

06/29 – ETF Trading – GLD, UGL

GLD closed higher yesterday, but not enough to trigger our exit signals. An updated chart is posted below.

We may take up to a total of 3 trading positions over the next couple of days. To review, 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.

Take a second trading position should GLD close lower than 145.73. Otherwise, our exit signals are triggered when the closing price for GLD is higher than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70. Follow these trading signals for leveraged trade in UGL.

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

Join me every day as I offer new etf stock 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

—–

• 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......
• 11/12 - ETF Trading - No ETF Trades Today No change with the market - it remains overbought. 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, the book by Larry Connors. With easy-to-follow trading strategies,......
• 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......

• Want to Be an Active Investor? Try a Fantasy Stock Market Game First! So you want to be an active investor? Maybe you think you have what it takes to cash in like the daytraders from the late 1990s trading those high flying tech stocks.  Or perhaps you think you can ride the coattails of those evil oil speculators that pushed light sweet......
• Bank of America Withdrawal and Investment Simplification Yesterday and today I continued the process of disengaging from our relationship with Bank of America.   Several months ago we opened a new primary checking account at a community bank paying 3.85% interest on funds up to $25k. Last week we went to that same community bank for a......
• Six Tips for Long-term Investment Success The most attractive feature for people to put all of their cash in banks is that they offer rates of interest which vary between current accounts and saving accounts. Depending upon their usage and cash demands, people choose between these two types of accounts but these days the rates of......

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

—–

• 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 -......
• 11/20 - ETF Trading - EWH, SPY, SSO Good morning. Yesterday, EWH moved lower and you took your initial position in the trade. Should EWH move lower today, take a second position in the trade. Otherwise, our exit signals are triggered when the etf price is greater than it's MA(5), or - for a potentially larger gain -......
• 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......

• Tips for Investing Online The concept of doing your investing online through the use of an online web portal has truly revolutionized everything that financial trading is all about, especially in stock exchanges and in the FOREX market. Availability of resources like quick internet connectivity and portable laptop computers has made it even simpler......
• Prosper Risk RGF in the Prosper forums just made the best post I have seen as an introduction to risk on Prosper.  I am reprinting the entire post.  Here is a link. I've seen a lot of comments about the high risk associated with lending on prosper and "only lend what you......
• 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......