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 | Nov 28, 2010 | Euro
On November 9, I suggested in these pages that the high at 1.4281 was probably an irregular B wave and so after a brief downmove, we should look for a move higher from 1.3650 (with1.3570 being the outer limit of the so-called correction). Any casual reader who looks...
by Ramki | Nov 9, 2010 | Euro
How fast time flies! It’s been nearly six weeks since I presented you with Elliott Wave Analysis, and the EUR/USD has come a long way. During this period, the third wave had extended to slightly over 4.618 times the first wave, and we are currently in a corrective...
by Ramki | Sep 26, 2010 | Euro
Let me state upfront that my recent wave count on the Euro was incorrect. Elliott himself was acutely aware that such errors can and will happen, which is why he repeatedly stressed the rules governing the behavior of different waves. We ourselves pointed out in the...
by Ramki | Sep 13, 2010 | Euro
“Morning folks. Just back in the office after a five-day holiday and see that already my post on the Euro from home has gone for a toss. However, a careful reading of the elliott wave analysis posted on 12 Spetember would have alerted traders that something was going...
by Ramki | Sep 12, 2010 | Euro
Our medium term outook for the Euro , ie EUR/USD, has been that after reaching around 1.3265/85, the currency should come off yet again, and perhaps test the 1.15 levels.(Refer to the updates on 18th July, and also 12th Aug, We got the rally to 1.3333, and a 5-wave...
