The rally since the lows has been like a runaway freight train, or maybe more like a charging bear. Speaking of, this is starting to smell like a bear market rally and today was the ideal spot to lay out some call credit spreads into Fibonacci and Elliott Wave resistance.
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why the 39 min time frame?
thanks
Hi Bob – 390 minutes in the trading day equals 10 perfect bars to make up the whole trading day.
had to leave your Wed 2/17/16 webinar early and didn,t get to see your offer . what was it? also do you have a trial for your service? do I need to be proficient in Elliot wave to apply your trading option trading strategy. I had purchased your option FIB recording for $97.00 a few months ago.
Sal
Hi Sal,
Thanks for questions last night. I do have training available for Elliott Wave if that’s what interests you. You can have a look at our market place on the trading analysis website for more details – click here
All the best,
Todd.
you were right on the call credit spread although I’m still a bit gunshy. trust me Todd its a long road back for this guy.
Shake it off, T.P., you can trade 1 lots until you get the confidence back.
What about the market on monday
Hi Todd,
you’re good with options. I watched your gold free video on CNBC website. I followed you, and make good profit. Thinkin to join you, but not now. Crude Oil is goin down lower again (us dollar up, euro down), then rally to wave 4 may be? I sold put credit spread, waiting to buy outright oil Calls. Grains is moving down today, Feb. 23, Corn, Soybeans, JJG etf, thus ADM stock ready to go up.? Thanks for the videos.. Ian
Hi Ian – well thanks for checking us out. Crude oil rally does seem to be in play and we are holding long positions in the XLE with our members. Hope to see you in the member’s area soon. Todd.