by Ramki | Jul 29, 2010 | GBP
The market is a great teacher. One has to take victories with the humility that next time one could be terribly wrong. Have we nailed the Sterling correctly yet again? Perhaps. But we will never know until the rest of the market is convinced. Right now the top has...
by Ramki | Jul 27, 2010 | GBP
The Medium Term Elliott Wave Analysis of GBP/USD posted here on 11th May (when Sterling was trading at 1.4836) suggested that we will first dip to 1.4226 and then rally to around 1.5500. The actual low was 1.4230 and today we are trading at 1.5590 levels. A couple of...
by Ramki | Jul 25, 2010 | Gold
Elliott Wave analysis of Gold as discussed here on 23 December 2009 had warned us to look for one final upmove once the complex correction from the prior peak at 1226 was completed. We got the move that reached 1265 on 21st June 2010. I would now like to suggest that...
by Ramki | Jul 18, 2010 | Euro
My last Elliott Wave analysis of EUR/USD was posted on 24th May. When dealing with the bigger picture, I find it generally useful to leave the markets to sort out the minor squiggles by itself. For the corporate treasurer and hedge fund manager as well as other medium...
by Ramki | Jul 13, 2010 | Oil
When dealing with financial markets, you should always be ready to change your mind about the framework on which you are basing your analysis. If everything was laid out cut and dried, there won’t be a market because everyone would know what is going to happen. Take...
