by Ramki | May 12, 2010 | Oil
Here is a chart of Light Crude oil that I prepared yesterday for a Reuters presentation. As you can see from the elliott wave analysis and labels marked on the chart, I expect a slight recovery from the mid 75s , but eventually we should be prepared for a move lower...
by Ramki | Feb 2, 2010 | Gold
A correction can sometimes be 100% of the prior move, and this is what we seem to have got in Gold. Take a look at this chart where the Elliott Wave count labels are clearly marked. Gold has retraced 100% of its prior rally and has embarked on a strong rally that we...
by Ramki | Jan 14, 2010 | Gold
Hello again. I am inclined to say that the post of 31 Dec was based on incomplete data for the short term because of the gaps. I had assumed (presumably incorrec tly) that we had an overlap. Perhaps the 4th wave was lost in the gap, and we really had a full 5-wave...
by Ramki | Dec 29, 2009 | Gold
One of the reasons why traders should learn Elliott Wave Principle is because it gives you clues about the changing whims of the market much before any other system can. Remember, NO ONE can command the market to do as he interprets the charts. However, a smart...
by Ramki | Dec 24, 2009 | Gold
Now that Gold has staged a smart recovery from the lows, [ and is likely to close the week above 1100 😉 ], I thought it will be instructive to post how one should have traded this final fifth wave. As always, you will find the comments written on the chart itself....
by Ramki | Dec 23, 2009 | Gold
Many investors and traders must be wondering about the immediate direction for Gold now that we seem to have come well below the 1100 level. My previous comment had said we need a weekly close below 1100 to cast doubts on the call for a fresh surge in the price of...
