by Ramki | Jan 24, 2011 | Euro
After coming down twice to around 1.3400, the EURO recovered its poise and is looking strong again. So we discard our previous analysis ( that effort having served us well during the down move from 1.3538 to 1.3395) and go back to the charts again. Remember that...
by Ramki | Jan 19, 2011 | Euro
The EUR/USD is approaching the target mentioned a few days back. Take a look at the attached chart. Wave C of the irregular correction is in the final extended 5th wave, and the 100% level comes bang on at the 1.3535 area. Failure there will see a very fast paced sell...
by Ramki | Jan 19, 2011 | Euro
I wanted to add this quickly, but my prior post had already gone off. Please read both this and the previous post
by Ramki | Jan 19, 2011 | Euro
In all probabilty, yesterday’s high at 1.3539 marked the end of a complex correction for the EUR/USD and so we are potentially in the middle of the first leg of a new short-term downtrend. In case you had sold around 1.3535, I urge you to place a stop loss at your...
by Ramki | Jan 16, 2011 | Euro
Following the humongous rally last Thursday/Friday it is time to go back to the slightly bigger pricture and see if any trade can be considered. A low risk trade that shows up is to sell around 1.3535 witha close by stop. The reason is the most recent low at 1.2864...
