by Ramki | Nov 14, 2008 | GBP
Just a quick post to record the fact that the Sterling Pound has met its larger objective near 1.4570 last night and bounced sharply. (refer this post that says stay short in sterling for now). It has been a very tough week for most traders and most are licking their...
by Ramki | Nov 13, 2008 | Jpy
Its been a while since I posted a Yen chart. We have been running into some selling at 96.23. Considering that the low seen earlier today was 94.50, even this is a strong move. Part of the credit for the recovery goes to the Japanese Finance Minister who said that...
by Ramki | Nov 13, 2008 | US Stocks outlook
Well folks, you all know that I have been working on the paradigm of a diagonal triangle, and provided for a throw-over at the end of the 5th leg of the pattern. This throw over has happened last night and we should ideally look for a strong close today. Take a look a...
by Ramki | Nov 13, 2008 | GBP
By now you would have realized that what this blog is attempting to do is to give you a sense of direction, and also highlighting pressure points. The most recent example of the value of some of the charts I post here is the call on Sterling yesterday. Take a look....
by Ramki | Nov 13, 2008 | Saudi
The Saudi markets have lost more than half its value since the beginning of the year. How much more pain can they bear? Looks like there is scope to fall by at least another 12%. Check out this chart.
