Tag: Elliott wave analysis

Up Or Down From Here But Still Making Money?

Posted on by The INO.com Team

Let's face it traders, nobody knows where the market is definitely headed next. But using certain market analysis methods we can put the probabilities in our favor to calculate where we should, and probably won't go, next - which is all you need to make money with options.

In this video Todd Gordon of TradingAnalysis.com uses the tools of Fibonacci and Elliott Wave to outline the most likely path for the S&P 500 and sets up one options trade in the SPY to profit from two different outlooks in coming weeks.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

Selling This Fierce Bear Market Rally With Options

Posted on by The INO.com Team

Yesterday, Todd Gordon of TradingAnalysis.com went on CNBC and told Melissa Lee that the NASDAQ could drop 30%. And today's short squeeze is setting up as a classic bear market rally and we're into the trade. Let Todd take you "inside" the charts and his trading account to show you how he's trading it with options.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

I Spy With My Little Eye Support In The SPY

Posted on by admin

Join Todd Gordon of TradingAnalysis.com as he takes you through a potential SPY trade setup using options with Fibonacci analysis. He picks up where he left off with the SPY chart from July 8th. The market is pulling back, but using eSignal's Advanced Get Todd identifies the Elliott Wave and Fibonacci support zone that could offer you a potential long setup.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

EURUSD: Why Recent Ups and Downs Are NOT Random

Posted on by The INO.com Team

By Elliott Wave International

How do you know what "your" forex market will do tomorrow?

You don't. We don't. Nobody does. All anyone can do is guess. But some guesses are more "educated" than others.

In a recent interview, Elliott Wave International's Senior Currency Strategist, Jim Martens, explained why for the past almost 30 years his favorite method to "guess" at the market's trend has been Elliott wave analysis:

Jim Martens"Markets are doing what they are supposed to be doing: inflicting the most pain on the most number of people. Markets fool the most number of people at the most unexpected moments, but by tracking Elliott wave patterns, sentiment (and the news) you can prepare yourself.

"What separates Elliott wave fans from the rest of the public is that the public has no basis for determining when the trend may be over."

Let's take a look at a recent example: namely, price action in EURUSD on April 5-7.

Since the mid-March low in EURUSD, Jim and his Currency Pro Service team have been tracking a "messy" Elliott wave pattern in the euro-dollar: a correction. "Messy," because corrections are just that: choppy, overlapping, often directionless moments when it's just plain hard to make heads or tails. Continue reading "EURUSD: Why Recent Ups and Downs Are NOT Random" →

Gold Monthly Update: Hate The Dollar?

Posted on by Aibek Burabayev

Aibek Burabayev - INO.com Contributor - Metals


The Dollar

In my last monthly update, I examined a chart of the US Dollar Index and today, I will do it again to show you how king currency rules this dollar-denominated world swing-to-swing. There is one difference; this time it will be an Elliott Wave analysis and I hope you will enjoy it.

US Dollar Index - 5 Targets / Waves A, B & C
Chart courtesy of Tradingview.com

As seen in the above weekly chart, right after my monthly post, the Dollar Index started its long-term correction, dipping below the Continue reading "Gold Monthly Update: Hate The Dollar?" →