by Ramki | Apr 30, 2009 | S&P500
The S&P500 index has been recovering steadily You will recall that in my last update of 23rd April, I had warned of another move higher. Once an extending fifth wave is completed, and we get a first sell-off, we should always be on the alert for a retracement all...
by Ramki | Apr 30, 2009 | Trading Tips
Welcome to the magical world of Elliott Wave Analysis. You have probably arrived here because you wish to learn more about Elliott Wave Principle and how to use it to improve your trading performance. Whether you are trading in the foreign exchange market (forex) or...
by Ramki | Apr 30, 2009 | AUD
This page gives you an example how one could use Elliott Wave Analysis to trade AUD/USD or the Australian Dollar. It was back in April 2001 that the Australian Dollar commenced its bull market run from a low of 0.4773. It took just over seven years for it to peak (in...
by Ramki | Apr 30, 2009 | Trading Tips
I use Elliott Wave analysis to give me an idea of where we are in an unfolding move, and also how far that move could go. If there is one important lesson I have learnt in using Wave Analysis, it is this: Your analysis could be the best in the world, but until the...
by Ramki | Apr 30, 2009 | Trading Tips
There are certain times when one can be more confident about using wave analysis. One such time is when we are approaching the end of an extending 5th wave, or soon after we start coming off from an extended 5th wave. In my earlier post on the usefulness of wave...
