3X ETF Swing Trading using Elliott Wave based analysis combined with proprietary indicators!
In my swing trade subscription service, I frequently deploy 3x ETF trading along with Individual Stocks to reduce overall single stock trading risks. This subscription will focus solely on 3x ETF trades with entry, target, stop loss and ongoing updates on each open trade using Elliott Wave based analysis along with other proprietary indicator I've developed over 17 years of providing advisory services to active investors.
3x ETF Swing Trading works best with simple Elliott Wave analysis I've developed over 17 years. Bullish or Impulse waves can yield fast results on the upside and Corrective waves can benefit from short term to intermediate downtrends.
We will focus on a few sets of Bull/Bear 3x ETF pairs such as SPXL/SPXU, TNA/TZA, LABU/LABD, NUGT/DUST & others.
The goal is 8-15% gains on each swing. I am looking for the strong reversals and breakouts of base patterns.
For more details please review The3xetftrader.com
Moderator provides regular chart analysis and Trade Alerts for various 3x ETF's depending on Market conditions and patterns. The room is for 3x ETF analysis, forecasts, and real time Trade entry and Exit advice by David Banister. Trades are not every day, but I will have commentary and charts often while I look for set ups. Make sure you have push notifications set up via the IOS or Android Stocktwits APP on your device. E-mail also sent for all alerts.
Trading 3x ETF securities is difficult. They can move against you quickly if you do not have a consistent methodology that works. I spent 2008-2009 during major periods of market volatility developing an entry and exit trading plan on bull and bear 3x ETF's. Combined with my behavioral patterns, fibonacci sequencing, and a few other rules, we look to enter just prior to reversals. There is a method on how to enter, how to exit and we incorporate those principles to produce consistent profits.