About Mike Golembesky

Mike Golembesky Michael Golembesky is a senior analyst at ElliottWaveTrader covering Forex, the S&P 500 and the VIX. He contributes frequently to Avi's Market Alerts service while also hosting his own VIX Trade Alerts service and co-hosting the EWT Forex service.

He began his trading journey as a SOES trader in the late 90's. In 2005 he began trading the Forex markets at which time he was first introduced to Elliott Wave analysis. In 2012 he joined EWT where he further honed his knowledge of Elliott Wave analysis and Fibonacci Pinball. Mike also has an extensive background in real estate investing and finance, having spent close to 10 years working in this field. He is a popular speaker at trading conferences such as the Traders Expo, and a regular contributor to sites such as Seeking Alpha, Nasdaq.com, and Money Show.

About Mike's Services

The VIX Trade Alerts service features Mike's day and swing trade alerts on the VXX as well as VXX options. The alerts are posted live in the ElliottWaveTrader room and available by email. The service also features a Live Video on Mondays after the close, in which Mike presents his charts and answers member questions.

See a recent Webinar by Mike on VIX trading opportunities.

Forex is a standalone service in our Trading Room that features chart analysis and alerts on trading opportunities in both the major and minor forex pairs, as well as crypto cross pairs, hosted by Mike and Arkady Yahknis. The six majors are EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, and AUDUSD.

The crypto pairs are BTCEUR, BTCGBP and BTCJPY. As potential set-ups or member requests arise, additional crypto cross pairs, including ETH, LTC, BCH, XRP, are analyzed relative to the heavily traded fiat currencies.

See a recent Webinar by Mike on applying Elliott Wave analysis to Forex trading.

Story Archive

US Dollar Holding Onto The Immediate Downside Setup By A Thread

This week we saw the U.S. Dollar Index (DXY) move higher again, failing to break through the 98.00 low that was struck on September 13.
by Mike Golembesky - 1 day ago

Levels To Watch for a b-Wave Top

The S&P 500 (SPX) futures are trading slightly higher today, but my base case still remains unchanged at this point in time and I do prefer to see this topping in a b wave.
by Mike Golembesky - 1 week ago

US Dollar Break Out Or Blow Off Top?

I am still quite cautious to the long side here on the DXY, as the risks to the downside still outweigh those to the upside here as we grind our way into the end of the year.
by Mike Golembesky - 3 weeks ago

US Dollar Following The Expected Path

After consolidating sideways most of the week, the U.S. Dollar Index (DXY) dropped sharply on Friday.
by Mike Golembesky - 4 weeks ago

US Dollar Drops But Still No Confirmation Of A Top

We are left very much in the same spot as last week and I will re-iterate that both of two paths laid out on the charts are quite bearish for the U.
by Mike Golembesky - 1 month ago

US Dollar Continues To Follow-Through To New Highs

I remain quite cautious to the long side here on the DXY and will remain that way until this does indeed find a top.
by Mike Golembesky - 1 month ago

Awaiting Bottoming Signal in VXX

We still do not have an initial signal of a bottom in place just yet in the iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX).
by Mike Golembesky - 1 month ago

USDJPY in No Man's Land

The USDJPY is still in the very wide range that I need to see a break to give better clarity on the count.
by Mike Golembesky - 1 month ago

SPX Holding The Line For Now

Along with the failure to break out over resistance, so far the action up off of the lows on both the S&P 500 (SPX) and Emini S&P 500 (ES) is counting best as corrective in nature.
by Mike Golembesky - 2 months ago

VXX Forming a Larger-Degree Bottom

I am still looking for a move through the 24.97 high to give us an initial signal of a larger-degree bottom in the iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX).
by Mike Golembesky - 2 months ago