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 11, 2011 | Euro
The European situation has come to a quick boiling point, and the ECB action/words (plus the resignations etc) have all but pulled the supports under the currency. The charts give you some indication of how I am counting the waves, but the more interesting question is...
by Ramki | Jul 18, 2011 | Euro
Now that the Euro has come off to the target mentioned last week, we can try to finetune the possible end points for the current weakness. Remember again that we are still looking at short term trades. Elliott Wave analysis of EUR/USD offers one possible end point...
by Ramki | Jul 13, 2011 | Euro
This is a quick one on the Euro. We are in a corrcetion and think one more downmove should materialize, perhaps from 1.4090. (Max 1.4135)
by Ramki | Jul 13, 2011 | Euro
As they so often remind us, timing the trade is the secret of success. Trouble is, we will know what is the perfect time only afterwards. So we are left with the problem of having to guess what is the best time to pull the trigger. If we get in too soon, our stops...
