by Ramki | Jan 7, 2011 | Uncategorized
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...
by Ramki | Jan 5, 2011 | Euro
For those looking for a short term outlook for the EUR/USD, here is the Elliott Wave analyst’s take on where we are likley to go in the next few sessions. The Euro is currently trading around 1.3220, after having come off a good distance from the 1.3430 highs....
by Ramki | Jan 5, 2011 | Euro
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...
by Ramki | Jan 2, 2011 | India
In a recent update, I had pointed out that traders should wait for the imminent recovery to run its course, and join in the selling when we eventually get an overlap of the 6069 level on the way down. At the time of writing that comment the NIFTY was around 5944...
by Ramki | Dec 27, 2010 | Money Markets
The USD interest rate outlook remains bullish for the immediate period ahead. In my last Elliott Wave analysis of the 5 year USD swap curve posted on 12 Dec, I mentioned that the odds are clearly high for a move higher, and sure enough, interest rates have gone up....