by Ramki | Apr 30, 2009 | Forex
If you are trading in the Forex markets, and wish to learn how to use Elliott Wave Analysis to trade currencies profitably, then you should start by reading the book “Elliott Wave Principle Applied to the Foreign Exchange Markets” written by Robert Balan. I have had...
by Ramki | Apr 30, 2009 | AUD
This page gives you an example how one could use Elliott Wave Analysis to trade AUD/USD or the Australian Dollar. It was back in April 2001 that the Australian Dollar commenced its bull market run from a low of 0.4773. It took just over seven years for it to peak (in...
by Ramki | Mar 20, 2009 | Euro
Elliot Wave Analysis is more reliable than your newspaper reports. But let us face it. We have grown up in a society where most people believe what they see in print. (True, a lot of people also believe what they hear on CNBC!). Let me share with you a recent headline...
by Ramki | Dec 11, 2008 | Euro
The Euro has come a long way from below 1.24, and is currently trading at 1.31 levels. The daily charts still point to further gains, but in the bigger picture, we still have one more short trade left. The perfect level for the short trade will be above 1.35, perhaps...
by Ramki | Dec 4, 2008 | GBP
The Sterling Yen cross has been a big mover in recent weeks, because not only the Pound got thrashed, but the Yen also strengthened simultaneously. Naturally, traders hop on board any trend that is clear! Here is you chart on Sterling Yen (GBP/JPY) with Elliot wave...
by Ramki | Nov 26, 2008 | Euro
The EUR/USD rally that we are currently witnessing is capable of going back above 1.3200, but I would urge caution above 1.3215. The currency had reached 1.3294 last time, and it could still go there, but this is still a bear market, and until we get two closes above...
