Outlook for the Dow Jones Industrial Average

The last time I looked at the chart for the Dow was back in May 2010, where I warned of a downmove to 9000 levels. The correction went only to 9600 area, (still a nice 11% down from the time of the update). Examining it with fresh eyes and more price action reveals...

How to trade EUR/USD using elliott wave analysis

For those who actually TRADE using Elliott Wave Analysis, my recent updates on the EUR/USD would be an invaluable guide on its real time application. ( Just to let you know, I actually put money on my recommendations on FX). You will remember that I was anticipating...

EUR/USD outlook in near term

A few days back I had suggested that we could be in an extended fifth wave, and was looking for a place to go long EUR/USD. However, the markets never rallied from the anticipated targets, signalling that it was the 3rd wave that was extending, and hence one shouldnt...

Elliott Wave Analysis Seminar

Just to let you know that starting 16th Jan 2011, I will be conducting another 3-evening workshop on using Elliott Wave Analysis for profitable trading in Kuwait under the auspices of Kuwait Financial Markets Association. Those who are interested to attend should...

EUR/USD update

Earlier today, I had suggested that there is a good chance for the Euro to recover from within the 1.3180/00 window back to above 1.3300. I had personally gone long just above the 1.3200 lvl and got stopped out. (No matter how confident one is with a view, a stop MUST...