by Ramki | Oct 24, 2011 | Euro
The EUR has been quite choppy in recent days. Yet, there is an order within the chaos. Elliott Wave analysis offers a handle on the bigger picture. One approach is what I am presenting here. Enjoy.
by Ramki | Oct 18, 2011 | Euro
I hope you heeded the warning about the final chart I presented in the most recent update, that it is just something to watch as a matter of interest. If I was sitting in your trading room, I could have told you that we are finishing the five wave move at 1.3910/15....
by Ramki | Oct 12, 2011 | Euro
It is almost a full month since I presented you some analysis on the EURUSD. As discussed last time, Elliott Wave Analysis is a dynamic approach to the market. Your goal should not be to showcase that you can anticipate price patterns and targets correctly. Rather, it...
by Ramki | Sep 18, 2011 | Euro
When we are trying to adjust our wave counts in a dynamic environment, it is important to be aware of the potential of an alternate count. This is why I had posted a second time on 12 Sep, hinting that we could get a rally to 1.3840 if the decline we saw to 1.3500 was...
by Ramki | Sep 12, 2011 | Euro
NOw that we have actually reached 1.3670, you need to know when it is confirmed that the move is over. We don’t want a scenario where because of the extended 5th wave seen in the last chart that we get a quick rally back to 1.3840, do we? Alternately, there is the...
by Ramki | Sep 12, 2011 | Euro
Here is a quick update on the EURUSD. Remember, when you are trying to deal with a live market, you keep adjusting your strategy as it unfolds. This morning, the EURO gapped down to 1.3565 (our 100% projection level). From there, it recovered to 1.3620 and then got...
