Tag Archives: Fifth wave extensions

Elliott Wave Analysis of Deutsche Bank

Posted on December 13, 2011 by Ramki

Elliott Wave analysis of Deutsche Bank’s stock price chart suggests that the decline into January 2009 finished with an extended fifth wave. Of all the patterns that one can use to anticipate future moves, an extended fifth wave is probably … Continue reading →

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Posted in European Stocks | Tagged , , , | 2 Comments

Fifth wave opportunity: USD/YEN case study

Posted on July 27, 2009 by Ramki

In this case study of USD/YEN, I will show you how one could have used an extending fifth wave to prepare for a profitable trade. Let me start by asserting that the main goal of any trader is to identify low-risk trading opportunities before a move actually takes place. Once such a trading opportunity is identified, one should be patient for the right moment to pull the trigger. Elliott wave analysis offers one very clear trading set up that invariably produces impressive winners.

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Posted in Jpy | Tagged , , , | 3 Comments

Rambus Inc rallies, and has way to go!

Posted on December 2, 2008 by Ramki

Rambus Inc, a closely watched Nasdaq stock, has shot up from its recent low of $4.95 to close yesterday at $11.39. While there are clearly some fundamental reasons behind the aggressive buying (court ruling in its favor, perhaps?) the time was ripe for this rally from a technical point of view as well Continue reading →

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Posted in US Stocks outlook | Tagged , , , , , | Leave a comment

National Industries, Kuwait

Posted on December 1, 2008 by Ramki

On 14th October, I had warned that National Industries (a leading Kuwaiti stock) would come off by more than 30% from its current level. It was trading at 0.850. The reason for that call was the stock had finished an extended fifth wave, (an Elliott wave setup that has been extensively discussed in this blog recently). Continue reading →

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Counting Elliot Waves in USD/CHF

Posted on November 23, 2008 by Ramki

A reader has asked about a possible fifth wave extension in USD/CHF. (refer comment by Dolphin). We are currently trading at 1.2217. I see some solid supports at 1.2000 levels and tehn some more at 1.1850 levels just now. These supports could only move higher as we stay better bid on the dollar. Continue reading →

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Posted in Chf | Tagged , , , | 4 Comments

Fifth wave extensions can make you rich!

Posted on November 20, 2008 by Ramki

The easiest way to make money in any market is after a fifth wave extension. While identifying the precise end point of an extension is often a challenge, you can become quite rich by joining in once the correction starts. Continue reading →

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Posted in Euro, Gold, Oil, S&P500, US Stocks outlook | Tagged , | 14 Comments