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Author Archives: Ramki
Elliott Wave Analysis of Gasoline
Most traders in the commodity and energy markets watch technical levels very closely. Some say that prices follow technicals because traders watch the technical levels. Others (especially those who practice Elliott Wave Analysis) would say that when the herd mentality … Continue reading
Posted in Gasoline
2 Comments
EUR/USD update
Following the EUR/USD update of 29th May when I decided to step back and let the next move unfold, the Euro has been climbing quite steadily. Having come this far, we are now in a position to look for turning … Continue reading
Elliott Wave Analysis of Natural Gas (MCX) India
Elliott Wave Analysis of Natural Gas Futures traded on MCX India. To be honest, this is the first time I am looking at this contract, and what I see is fascinating. There were so many easy opportunities to trade the … Continue reading
Posted in Natural Gas
Tagged ELliott Wave Analysis Natural Gas, MCX India, Natural Gas Futures
7 Comments
EUR/USD update
I just want to clarify one little thing about my comments posted yesterday. Traders should understand that there are times when the road forks, in a manner of speaking, and the crowd chooses to follow one or the other route. … Continue reading
Elliott Wave Analysis of EUR/USD
Now that the EURO has completed its 5 wave downmove from the high of 1.4939, we need to revisit the big picture and ask ourselves again, ‘Has the EURO really posted a medium term top at that level’? In order … Continue reading
Crude Oil Outlook
On 15th May, I prepared the first chart for a friend of mine in the Far East. The important point to note is this was done before Goldman Sachs came out with a bullish call on Oil. The set-up was … Continue reading
Posted in Oil
5 Comments
Commodities call
You have all heard the news. Commodities rebounded from the biggest drop in almost two weeks after Goldman Sachs Group Inc. advised investors to return to raw materials….When Goldman Sachs analysts made their call yesterday, many commodities traders must have … Continue reading
USD/YEN outlook using Wave Analysis
One of the most common complaints against Elliott Wave analysis is that the wave counts are subject to change, and also the same graph can be interpreted differently by different analysts. The trouble with all this is the accusations are … Continue reading
Posted in Jpy
Tagged Outlook for USD/YEN, USD/JPY outlook, USD/YEN outlook using Wave Analysis
9 Comments
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