My ETF Tradingpart 3Description of my best ETF trading systemMy ETF trading strategies are also applicable for other types of ETF stocks. I use Bond ETFs, International ETFs and Commodity ETF stocks 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 ETFs only within this group. When I find strong or weak ETFs, I wait. I do not make the ETF 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 ETF trade in bond ETF stock. Another group of individual ETFs are International ETF There are a lot of ETF stocks for specific countries or regions. I personally divide them into these sub-groups: Europe, Asia and the Americas. I have included these ETF stocks in my international ETF groups:
Again, my looking for the best ETF 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 ETF stocks in these two groups are infrequent and also the duration of these trades is longer, typically several weeks instead of several days. .
Commodity ETFs are also included in list of ETF stocks I monitor for possible ETF trade setup. These symbols are in my list: DBA, DBC, GLD, SLV, UNG and USO
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