An easy 100 pips in EURUSD via Elliott Waves

As kids, we have heard fables of how our poor young hero saw a gleaming diamond on his way to the school and that made him rich. Sometimes, the markets are like that. They offer us real gems for the picking, and all we need to do is to be alert. Take, for example, the...

EURUSD update using Elliott Waves

The EURUSD found support yesterday at 1.3105, quite precisely as anticipated using Elliott Wave analysis.(see yesterday’s outlook for the EURUSD). The recovery stopped at 1.3164 and the downmove has been aggressive. I think there exists a small chance for a clean out...

Elliott Wave update on EURUSD complex correction

My comments on MarketWatch a few days ago seems an understatement. No matter how fancy your charts are, and how imagiative you could be with attempting to figure out in advance how a complex correction will unfold, you are simpply shooting in the dark. This is why I...

Elliott Wave Analysis of EUR/USD (EURUSD=X) – ccy

In my last Elliott Wave analysis of EUR/USD (EURO) published on 9th January 2012, I had suggested that traders should look to cover any shorts they may be running close to 1.2600 because there was a reasonably good chance to recover from there. I also pointed out an...