by Ramki | Jan 17, 2012 | India
I have been receiving several messages from traders who seem to have fallen prey to the age old impulse of selling into a rally, when everything we know tells us to be patient to buy the dip. The fact that the dip did not materialize should not be the excuse to sell!...
by Ramki | Jan 15, 2012 | UK Stocks
In today’s Financial Times, I read an interesting article by Paul Murphy that started off like this: “About 40 teams of sell-side analysts cover Tesco, the nation’s leading grocer, slavishly updating their forecasting models with every grain of fresh shopping info....
by Ramki | Jan 10, 2012 | Indian Stocks Trading
Elliott Wave Analysis is a dynamic tool. We should not use it as a simple forecasting tool, rather as something which will guide our trading decisions. We should look at our charts, and make up our mind as to what is the most likely scenario. Then we sit and wait. If...
by Ramki | Jan 9, 2012 | India
India’s Nifty stock index has been moving sideways for a few days. Having staged a decent recovery from the 4535 level that WaveTimes had identified as a key level some time back, many readers are anxious to know if we have seen the bottom. As WaveTimes has a truly...
by Ramki | Jan 9, 2012 | Euro
It has been quite some time since I presented you with the Elliott Wave counts on the EURUSD using daily charts. My apologies to the WaveTimes faithfuls who had to wait for so long. As always, I have more to say on the charts themselves. But I will leave you with one...