• About
  • Elliott Waves
    • Elliott Waves Explained
    • Elliott Wave Magic Illustrated with Wave Charts
    • Elliott Wave Edge – How Elliott Wave Traders Win
    • Fibonacci Number Series and Elliott Waves
    • How to use Fibonacci Ratio Retracements
    • Elliott Wave Books
      • The Elliott Wave Book – Five Waves to Financial Freedom
      • Dividend Growth Investing Using Elliott Waves
    • Videos
  • Equities
    • Indices
      • Africa
        • Egypt
      • Australia
      • European Indices
        • AEX – Index, Amsterdam
        • DAX Index
        • Istanbul
        • Russia
        • Spain’s IBEX 35
      • Asian Indices
        • India
        • China
        • Dubai
        • Kuwait
        • Kuala Lumpur
        • Pakistan
        • Saudi
        • Taiwan
      • US Indices
        • S&P500
        • Nasdaq
        • Dow Jones
        • Dow Jones Utilities
    • Stocks
      • Asian Stocks
        • Indian Stocks Trading
        • Dubai Stocks Outlook
        • Japanese Stocks
        • Kuwait stocks
        • Saudi Stocks Outlook
      • African Stocks
        • Egyptian Stocks
      • Swiss Stocks
      • Australian Stocks
      • European Stocks
      • US Stocks outlook
      • UK Stocks
  • Commodities
    • Copper
    • Gasoline
    • Gold
    • Natural Gas
    • Oil
    • Palm Oil
    • Raw Sugar
    • Rubber
    • Soybean Oil
    • Silver
  • Forex
    • AUD
    • Bitcoin
    • CAD
    • CHF
    • Euro
    • GBP
    • INR
    • NZD
    • JPY
  • Raves
  • Consulting
    • Consulting
  • Ramki’s Watchlist
Top News

Has Meta (Facebook) stock seen the bottom

March 21, 2022

What Is The Nearest Technical Support For Meta (NASDAQ: FB)

February 7, 2022

Using Elliott Waves to Capture a Trade in S&P500

January 27, 2022
Facebook Twitter Instagram
Facebook Twitter Instagram
WaveTimes Blog WaveTimes Blog
Wave times
  • About
  • Elliott Waves
    • Elliott Waves Explained
    • Elliott Wave Magic Illustrated with Wave Charts
    • Elliott Wave Edge – How Elliott Wave Traders Win
    • Fibonacci Number Series and Elliott Waves
    • How to use Fibonacci Ratio Retracements
    • Elliott Wave Books
      • The Elliott Wave Book – Five Waves to Financial Freedom
      • Dividend Growth Investing Using Elliott Waves
    • Videos
  • Equities
    • Indices
      • Africa
        • Egypt
      • Australia
      • European Indices
        • AEX – Index, Amsterdam
        • DAX Index
        • Istanbul
        • Russia
        • Spain’s IBEX 35
      • Asian Indices
        • India
        • China
        • Dubai
        • Kuwait
        • Kuala Lumpur
        • Pakistan
        • Saudi
        • Taiwan
      • US Indices
        • S&P500
        • Nasdaq
        • Dow Jones
        • Dow Jones Utilities
    • Stocks
      • Asian Stocks
        • Indian Stocks Trading
        • Dubai Stocks Outlook
        • Japanese Stocks
        • Kuwait stocks
        • Saudi Stocks Outlook
      • African Stocks
        • Egyptian Stocks
      • Swiss Stocks
      • Australian Stocks
      • European Stocks
      • US Stocks outlook
      • UK Stocks
  • Commodities
    • Copper
    • Gasoline
    • Gold
    • Natural Gas
    • Oil
    • Palm Oil
    • Raw Sugar
    • Rubber
    • Soybean Oil
    • Silver
  • Forex
    • AUD
    • Bitcoin
    • CAD
    • CHF
    • Euro
    • GBP
    • INR
    • NZD
    • JPY
  • Raves
  • Consulting
    • Consulting
  • Ramki’s Watchlist
WaveTimes Blog WaveTimes Blog
Home » Euro hurts the bears
Euro

Euro hurts the bears

RamkiBy RamkiOctober 30, 2008Updated:January 31, 2023No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Email

I had looked for Euro to find good offers at 1.3045 levels and recommended a sell at 1.3037 with a stop at 1.3057. The currency did not even pause at either level and reached a high of 1.3294. Every once in a while we will encounter such a situation, and you need to be prepared for it. The lesson here is (a) trade a position size that will keep you in the game  and (b) always keep a stop. The second point is especially important because many people think that a good analyst can ‘predict’ the market accurately most of the time. Unfortunately this is not true, What I am capable of doing is to give you a carefully evaluated report of what I think the market is likely to do. The key words are “think” and “likely”. True, I have been successful at calling lots of turns accurately. But there is no guarantee that the next call will be correct. So you really have to assume that every call I make is  judgmental, and hence the amount you risk should be just what you can afford to lose on that trade, yet keep you ready to take the next call! Here is your chart on Euro for today with comments on it. Enjoy.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleDo you need timely updates?
Next Article A look at BP Plc
Ramki
  • Website

Related Posts

How we traded EURJPY recently

October 23, 2019

An example of EURUSD analysis using Elliott Waves

May 8, 2018

What WaveTimes could do for you in EURUSD

May 8, 2017
Add A Comment

Leave A Reply Cancel Reply

Recent Posts
  • Has Meta (Facebook) stock seen the bottom
  • What Is The Nearest Technical Support For Meta (NASDAQ: FB)
  • Using Elliott Waves to Capture a Trade in S&P500
  • Hedge Funds and Elliott Waves – Netflix $NFLX
  • When Elliott Waves applauds the promoter’s signals!

WaveTimes is a Research Organization dedicated to providing original analysis, reports, reviews, and insights on developments in mutual funds, stocks, investing, foreign exchange, commodities, and bonds.

Contact WaveTimes

L-601 Mantri Espana,

Kariyammana Agrahara, Bellandur, Bangalore 560103

Follow Us

  • Facebook
  • YouTube
  • Twitter

© 2023 Wave Times. All Rights Reserved.
  • About
  • Books
  • Privacy Policy
  • Policies and Standards

Type above and press Enter to search. Press Esc to cancel.