Tag Archives: Low risk trade idea

USD/YEN trade idea

Posted on October 4, 2009 by Ramki

There has been a lot of noise recently about the strengthening Yen. On Friday, the currency pair has closed marginally above a downtrend line of resistance, and this potentially sets up a low-risk trade for the patient participant. I am … Continue reading →

Share
Posted in Jpy | Tagged , , , , , | Leave a comment

Can SBAC decline to $10 again?

Posted on December 21, 2008 by Ramki

In our post of 16 December where we presented Elliot Wave Analysis of SBA Comms Corp, we said that for this stock to come down, we really would like to see a fast paced move in that direction. Otherwise the risk increased to the upside. The main reason for this is Continue reading →

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

Dr.Reddy’s Laboratory trade idea revisited

Posted on December 14, 2008 by Ramki

On 1 Dec, I suggested that Dr. Reddy’s was showing a bottoming formation. A low-risk trade is coming up on the radar, and it might be of interest to traders who follow Indian stock markets. Continue reading →

Share
Posted in Indian Stocks Trading | Tagged | Leave a comment

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 →

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

Is Colgate Palmolive ready to jump?

Posted on December 1, 2008 by Ramki

You might be wondering if Colgate Palmolive is preparing for a strong move higher. The weekly charts show that the stock has reached its Elliot Wave targets (a 3-wave correction that also complies with some Fibonacci projections). The daily charts show higher bottoms, and a period of consolidation with the stock tantalizingly poised near the upper boundary Continue reading →

Share
Posted in US Stocks outlook | Tagged , , , , , , , , , | 6 Comments

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 →

Share
Posted in Kuwait stocks | Tagged , , , , , , , | Leave a comment

Has QQQQ posted a major bottom?

Posted on November 25, 2008 by Ramki

You must be wondering whether the QQQQ has posted a major bottom at $25.05. This post will help you make that decision. Users of Elliot wave principle are presented with some of their greatest difficulties when trying to determine whether a major trend has ended. Continue reading →

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

BOE rate cut prospect vs outlook for Sterling

Posted on November 19, 2008 by Ramki

Today’s headlines read the Bank of England were considering whether BPthey should cut the base rates by more than two points on November 6, but settled for a 1.5% cut so that they would have room to cut later on, and bolster confidence. Why is the Pound gaining ground (even if only limited ground) when faced with the prospect of further rate cuts? Continue reading →

Share
Posted in GBP | Tagged , , , , , | Leave a comment
1 2 3   Next Page »