by Ramki | Dec 29, 2009 | Gold
One of the reasons why traders should learn Elliott Wave Principle is because it gives you clues about the changing whims of the market much before any other system can. Remember, NO ONE can command the market to do as he interprets the charts. However, a smart...
by Ramki | Dec 24, 2009 | Gold
Now that Gold has staged a smart recovery from the lows, [ and is likely to close the week above 1100 😉 ], I thought it will be instructive to post how one should have traded this final fifth wave. As always, you will find the comments written on the chart itself....
by Ramki | Dec 23, 2009 | Gold
Many investors and traders must be wondering about the immediate direction for Gold now that we seem to have come well below the 1100 level. My previous comment had said we need a weekly close below 1100 to cast doubts on the call for a fresh surge in the price of...
by Ramki | Dec 17, 2009 | Kuwait stocks
National Industries Group stock has come down a lot in the last several months. But we can decipher a clear five wave movement having been completed at the lows. The first leg of a 3-wave correction has already been completed, and the second leg is probably already...
by Ramki | Dec 17, 2009 | Jpy
Here is the outlook for USD/JPY in the near term. The first chart shows you some classic relationships between alternate waves. Interestingly, the point “Y” is not the absolute low. We have allowed that because it looks like a spike in the price. The second chart of...