Friday, July 3, 2009

Gbp vs Jpy 1H


At this moment, price just bounce after break the lower red trendline. Favourably, I'm looking for a further bearish continuation trend to complete subwave i in yellow. While a further breakout to the neckline would bolster towards the alt count in cyan in which indicates that subwave i and ii is already completed. Otherwise, please be careful for any strong bounce scenario and any breakout toward the upper green trendline. Happy holidays and good luck.

Thursday, July 2, 2009

Gbp vs Jpy, Eur vs Usd and Gbp vs Usd - Market Overview


Chart 1H GJ - Preferably, I'm looking forward for a bearish reversal trend to be perform refering to the alt counts in yellow. A breakout to the lower red trendline would bolster towards this scenario. Otherwise please be careful for any unfinish corrective wave b in white or major wave 4 in magenta.


Chart Daily GJ - I believed, market just performed a major bullish retracement trend to complete major wave 4 (white, magenta or yellow). Therefore, I'm looking for any opportunity towards any major bearish continuation trend scenario to complete major wave 5 with condition wave 4 is already completed. A valid diagonal triangle pattern would bolster towards this scenario. So, advisable to look for any good bearish entry signal from BSTS or your trading system.


Chart Weekly EU - I believed market will perform a further major bearish continuation trend to complete major wave c with condition major wave b is already completed (yellow). But, please be careful if the major wave b is still not complete yet (white).


Chart Daily GU - Preferably, I'm looking for a possibility toward a bearish trend either refering to the alt count in yellow (truncated) to perform corrective wave a,b and c OR magenta which is to perform major wave 5. A valid diagonal triangle patern would bolster towards this cenario. Otherwise, please be careful since market may perform another bullish continuation trend to complete wave v in c (white). Therefore, please confirm from any breakout towards any critical lines later.


Chart Weekly GU - Favourably, I'm looking for any bearish continuation trend scenario with condition either wave c (yellow) or wave 4 (magenta) is already completed. But please be careful for any bullish continuation trend to complete the unfinish wave c in white.
Summary - Overall, I'm looking forward for any possibility towards the bearish trend scenario either in GJ, EU or GU. But please confirm any trend or alt counts from your trading system. Also, please be careful since there will be an NFP announcement tonight at 8.30 pm (GMT+8). Good luck.

Wednesday, July 1, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward market to perform a bearish reversal trend refering to the alt count in yellow. But, please be careful since we may see a double top scenario refering to the alt count in white. And please be noted that all those bearish scenario would be invalid if there is any true breakout towards the white critical line later. Advisable to look for any good bearish entry signal from BSTS later. Good luck.

Tuesday, June 30, 2009

Gbp vs Jpy 1H


Please be noted that market already break the upper green trendline and the previous yellow critical line. Therefore, I have to do a re-count towards the alt count in yellow. Due to that, preferably I believed market in progress to perform corrective wave b either in yellow or white before expecting for a bearish reversal trend. As long the white critical line is remain intact, I would favour to look for any possible bearish entry signal later. Otherwise, if the white critical line is taken, then I believed market still in progress to complete the major wave 4 (magenta) before expecting for any major bearish continuation trend to complete major wave 5. Good luck.

Monday, June 29, 2009

Gbp vs Jpy 1H


At this moment, I'm still waiting for any strong breakout to determine which alt counts that is more favourable. Preferably, I'm still looking for any possibility towards any major bearish continuation trend either in yellow or white. Unless there is any true breakout towards the white critical line, my advise is to look for any good bearish entry signal before making any entry later. Otherwise, please be careful for any breakout toward the yellow critical line. Good luck.

Friday, June 26, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for any opportunity towards the bearish continuation trend refering to the alt count in yellow to perform subwave iii. Otherwise, please be careful for any breakout towards the upper green trendline (white or magenta). Good luck and happy weekends.

Thursday, June 25, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for any possibility towards the bearish continuation trend either refering to the alt count in yellow (truncated subwave 5 in ii) or white (wave b). Therefore, advisable to look for any bearish continuation entry signal later either from BSTS or your own trading system. A breakout towards the neckline would bolster to this scenario. Otherwise, please be careful for any bullish continuation trend and any breakout to the yellow or white critical line. Good luck.

Wednesday, June 24, 2009

Gbp vs Jpy 1H


At this moment, I believed market either in progress to complete subwave ii in yellow or the unfinish corrective wave b in white before expecting for any possible major bearish continuation trend to complete major wave 5. A true breakout towards the neckline would bolster to this scenario. Otherwise, please be careful for any breakout towards the upper green trendline or the latest white critical line. Good luck.

Tuesday, June 23, 2009

Gbp vs Jpy 1H


Preferably, I believed, market in progress just to perform a subwave i before expecting for a bullish retracement trend to complete subwave ii in yellow. Please be aware that there is a possibility that market may perform an extension of subwave i if there is a true breakout towards the white critcal line. Otherwise if market fail to break it and perform a bounce scenario, then perhaps subwave i (yellow) is already completed. My advise is please look for any bearish continuation entry signal later either from BSTS or any trading system that u have. Otherwise, please be careful for any bullish retrcement or bullish continuation trend and any breakout towards the upper green trendline. Good luck.

Monday, June 22, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward market to perform a major bearish continuation trend refering toward the alt count in yellow. A valid "Head and Shoulder reversal pattern and a breakout towards the white critical line would bolster toward this scenario. Otherwise, please be careful for any bullish continuation trend and a breakout to the upper green trendline that would favour to the alt counts either in white or magenta. Good luck.

Friday, June 19, 2009

Gbp vs Jpy 1H


Due to the market failed to break the bearish continuation critical line 1, therefore I have to do a recount towards the alt count in yellow. Favourably, I'm looking forward for another bearish continuation trend scenario in 5 waves bearish structure refering to the alt count in yellow. But, please be careful for any breakout toward the major green upper trendline which would bolster towards either the alt count in gray or white scenario (or even magenta). From my point of view, advisable to look for any bearish entry signal from BSTS or any system that you are using later. Good luck and happy weekends.

Thursday, June 18, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for any possibility towards an extension of subwave 3 (cyan) in iii (yellow). But please be careful for any double bottom scenario which is we may see another bullish retracement rally either to perform a corrective wave b in gray or wave 5 in white. Otherwise, all those bearish scenario will be invalid if there is a further true breakout toward the bullish continuation critical line 2 that would bolster the alt count in magenta scenario. Good luck.

Wednesday, June 17, 2009

Gbp vs Jpy 1H


Preferably, I'm looking forward for a further bearish continuation trend to perform a subwave iii either in yellow or gray. Otherwise, please be careful for any possibility toward any bullish continuation trend refering to the alt count in magenta. Good luck.

Gbp vs Jpy 1H


Preferably, I'm looking forward to see a further bearish continuation trend scenario. A further breakout towards the bearish continuation critical line 1 would bolster this scenario. But, market may perform for another bullish retracement trend either to complete the unfinish wave b in gray or subwave ii in yellow before expecting for another bearish continuation trend. Otherwise, please be careful for any breakout towards the yellow critical line. Favourably, advisable to look for any bearish continuation trend entry signal from BSTS later. Good luck.