by Ramki | Jun 14, 2011 | Euro
The speed and scale of Euro’s downmove from near 1.4700 has caught some traders off guard. Readers of these comments were at least forewarned of an imminent correction (although we were expecting it from 1.4730). Anyone who was trading technically would have spotted...
by Ramki | Jun 7, 2011 | Euro
Following the EUR/USD update of 29th May when I decided to step back and let the next move unfold, the Euro has been climbing quite steadily. Having come this far, we are now in a position to look for turning points on both sides. For example, there is a reasonbly...
by Ramki | Jun 7, 2011 | Gasoline
Most traders in the commodity and energy markets watch technical levels very closely. Some say that prices follow technicals because traders watch the technical levels. Others (especially those who practice Elliott Wave Analysis) would say that when the herd mentality...
