My ETF Trading
part 3
Description of my best ETF trading strategy
My ETF trading strategies are also applicable for other types of ETF stocks. I use also Bond, International and Commodity exchange traded funds too.
Bond ETF Group is based on several bond ETFs. I actively monitor these bond ETF stocks: IEF, LQD, SHY, TLH, TLT, HYG and MBB.
How to use
relative strength
inside this group I compare
bond exchange traded funds
only within this group. When I find strong or weak funds, I wait. I do not make the trade strategy setup immediately. I want to see some good
stock chart pattern
develop or see the price on an important level of
support or resistance
. Only in such cases am I ready to enter an trade in
bond exchange traded fund
shares
Another group of individual fund shares are
International ETF
shares.There are a lot of exchange traded funds for specific countries or regions. I personally divide them into these sub-groups: Europe, Asia and the Americas. I have included these exchange traded funds in my international ETF groups:
- Europe: EWO, EWQ, EWG, EWP, EWL, EWU, GUR, EZU, FEX, RSX
- Asia: FXI, GXC, EWA, EWJ, EWM, EWS,EWY,EWT, INP, PIN and also FXP
- Americas: EWZ, EWC, GML, EWW
Again, my looking for the best funds trade setup is based on relative strength analysis within each group. Then I use a stock chart pattern analysis and support/resistance analysis. Trades with exchange traded funds in these two groups are infrequent and also the duration of these trades is longer, typically several weeks instead of several days. .
Commodity funds are also included in
list of stocks
I monitor for possible trade setup. These symbols are in my list: DBA, DBC, GLD, SLV, UNG and USO There are more details about
Commodity exchange traded funds trading strategies here
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