by Ramki | Apr 26, 2011 | Jpy
The Elliott Wave analysis of USD/JPY presented to you on 12th April spoke about a deep downmove once the 4th wave was finsihed. I was looking for the fourth wave to be completed around 86.90, but the markets have come down from 85.50 levels. I have received some...
by Ramki | Apr 26, 2011 | Euro
Elliott Wave analysis is always a work-in-progress. We could determine a possible target at one point in time, and once that is reached, a new higher target might become necessary depending on fresh information. It is important to understand that determining a target...
by Ramki | Apr 21, 2011 | Silver
In the Elliott Wave Analysis of Comex Silver posted on 23 Nov 2010, I had warned readers that once the complex fourth wave (within the 3rd wave) was done, we will see the continuation of the move strongly to the upside (because we will still be in the 3rd wave mode)....
by Ramki | Apr 20, 2011 | Indian Stocks Trading
A reader posted a comment on Bharat Forge in the wrong category and hence had to be removed from there. Here is what he wrote: “BHARATFORGE CMP 353 UPMOVE IS OVER AT 370 , WILL COME DOWN TO 250 LEVELS. ANOTHER COPY BOOK PATTERN , PL HAVE A LOOK.” I am not sure that...
by Ramki | Apr 15, 2011 | India
There was an interesting trading question on NSEI posted by a reader, but he posted it under an update on Gold! I think the Blogging software is not clever enough to allow me to move it under the appropriate category. So I am producing the question and the reply here...