Thursday, July 31, 2008

Gbp vs Jpy 1H Update #1


Please be noted that if refering to the alt count in yellow, I believed subwave ii is already completed and looking forward for a bearish continuation trend later. But please be careful if the price make a further upside movement and break the yellow critical line, this scenario would be invalid. So please analyse also the alt count in magenta and white. Good luck.

Gbp vs Jpy 1H


Until this moment, I'm looking forward for a confirmation of completion subwave ii (yellow) later today. Price already reached the end of the teal triangle and have to breakout either to the lower or upper trendlines. Please watch closely all important trendlines and critical lines to assist you in determine which alt counts is valid or invalid later. Advisable to wait for a good entry signal from BSTS later before making any entry. Market may in stagnant phase until NFP announcement tomorrow night (8.30pm GMT +8). Good luck.


Extra Tips Eur vs Jpy : Please analyse both alt counts and determine which one is more favourable from BSTS. Therefore please make your trading strategy and look for any opportunity to make a good entry once there is a good entry signal from BSTS. Good luck.

Wednesday, July 30, 2008

Gbp vs Jpy 1H Update #1


I'm looking forward for a completion subwave ii (yellow) before expecting another bearish continuation to complete subwave iii, iv and v in C (yellow). Please be noted that if the yellow critical line is taken, then this scenario will be invalid. Therefore please analyse all possible alt counts and determine which one is more favourable from your trading system (BSTS). Good luck.

Gbp vs Jpy 1H


At this moment, price already made a breakout to the lower teal triangle trendline. Expected to see a further movement to the downside until the lower red trendline to complete subwave i (yellow) before any possible upside movement to complete subwave ii (yellow ) or wave b (magenta) or wave 3 (white). So please watch closely the lower red trendline for any breakout or bounce scenario later. Also if there is any movement to the upside trend, please monitor the upper green trendline and the bullish continuation line 1 and 2. Therefore please be extra careful since tonight (8.15pm GMT +8) and on Friday (8.30pm GMT +8) got a very important news that will effect the market. Preferably, I'm looking for a bearish movement within this week and don't forget to protect your entry with SL. Good luck.

Tuesday, July 29, 2008

Gbp vs Jpy 1H Update #1


I'm looking forward for any breakout from the teal triangle to determine which count is more preferable. A further breakout to the lower teal triangle would bolster the bearish reversal trend scenario. Otherwise please be careful for any breakout to the upper teal triangle trendline. Good luck.

Gbp vs Jpy 1H


Preferably, I'm looking for a downside movement to perform corrective c (yellow) with condition wave b is already completed. A strong resistance from the upper green trendline would bolster this scenario. Otherwise we shall see a breakout to the upper green trendline either to perform wave b in magenta or wave 3 in white. Therefore please analyse any entry entry from BSTS before making any decission. Good luck.

Monday, July 28, 2008

Gbp vs Jpy 1H


I'm looking forward for a completion of wave b either refering to the alt count in yellow or magenta before expecting a major bearish reversal trend to complate wave c (yellow or magenta) later. As long the bullish continuation line 2 still intact, this scenario would still valid. Otherwise we may see a bullish continuation trend to complete wave 3 in white. Advisable to look for any bearish reversal entry signal (including Eur/Jpy) from BSTS later. Good luck.

Sunday, July 27, 2008

Gbp vs Jpy 1H, 4H & Daily Pre Market Overview


Chart 1H - I'm looking forward for a completion wave b (yellow or magenta) before expecting another bearish reversal trend to complete correctice wave c (yellow or magenta). Please watch carefully the trendlines and all critical lines for any breakout or rejection/bounce scenario. Advisable to look for any bearish entry signal from BSTS later.


Chart 4H - I believed price have to perform a bearish trend either to complete :-

1) Corrective wave c once b is completed (yellow).
2) Corrective subwave b (cyan) in b (magenta).
3) Retracement wave 2 before another bullish continuation to complete wave 3 (white).


Chart Daily - Preferably I'm looking for a bearish reversal trend entry signal later next week with condition the diagonal triangle pattern in yellow is valid. I believed market in the ending stages of bullish trend and a breakout to the lower yellow trendline would bolster this scenario. Please be noted that there are 2 possible scenario according to daily analysis which is either we shall see a further bullish continuation to complete wave v and c (yellow) or a completion of subwave ii (white) before expecting to see any bearish reversal trend later next week.

Summary :

1) Preferably I'm looking forward for a completion of wave b either refering to the alt count in yellow or magenta (double top) before expecting a bearish reversal trend to complete major corrective wave c (yellow or magenta).

2) Please be careful for any bullish continuation trend scenario according to the alt count in white (Chart 1H & 4H). A further breakout to the bullish continuation line 1 and 2 would bolster this scenario.

Good luck.

Extra tips : Please analyse Eur/Jpy pair for any bearish entry signal.

p/s : untuk makluman semua, atuk saudara Andika, Allahyarham Hj. Sidek Bin Awang baru saja pulang ke rahmatullah pada 10.25 pm. Ucapan takziah dan Al - Fatihah kepada allahyarham semoga roh beliau sentiasa di rahmati dah tergolong dalam orang orang yang beriman, amin.

Friday, July 25, 2008

Gbp vs Jpy 1H


At this moment, I'm looking for a completion of subwave c and corrective wave a (yellow or magenta) before expecting for a bullish retracement trend to complate wave b (yellow or magenta) and to perform a "Head & Shoulder" pattern (3 blue rectangle) later. Therefore please look for any bearish continuation signal from BSTS later once wave b is completed for market to perform a corrective wave c (yellow or magenta). Have a nice weekend and good luck.

Thursday, July 24, 2008

Gbp vs Jpy 1H Update #1


I'm looking forward for a further downside trend to complete subwave c (cyan) and wave a (yellow or magenta) to perform a "Head & Shoulder" pattern (3 blue rectangle) before expecting another bullish retracement to complete wave b (yellow or magenta). Please be noted that alt count in white is already invalid. Good luck.

Gbp vs Jpy 1H


At this moment, please study all possible alt counts (white/yellow/magenta) and determine which one is more preferable according from your analysis. I'm looking for a completion of wave 5 either refering to the alt count in yellow or magenta. Advisable to standby for any possibility of bearish reversal trend to perform corrective a, b and c after completion of wave 5. Therefore, please look for a good bearish reversal signal from BSTS later within this week before making any entry. Unless there is a true breakout to the bullish continuation line 5 and 6, this scenario would still valid. Also please watch carefully those lower red trendline for any breakout or bounce. Good luck.

Wednesday, July 23, 2008

Gbp vs Jpy 1H


Until this moment, market showed bullish trend but its look like the trend is getting weak. Therefore please be careful for any false breakout or bullish trap scenario. Unless there is a strong breakout, I believed we shall see a bearish reversal trend later (alt count in yellow). Otherwise, market may going up according to the magenta count. Good luck.

Tuesday, July 22, 2008

Gbp vs Jpy 1H


Price already reached to the lower yellow trendlines. So either price already completed the corrective subwave e and wave 4 (magenta) before another bullish continuation to complete wave 5 (magenta) or we will see further downside movement to complete subwave c and wave 1 (yellow) for bearish reversal scenario. Therefore please determine which count is more preferable later from any breakout and BSTS signal. Good luck.

Gbp vs Jpy 1H Update #1


At this moment, please analyse the alt count in yellow and magenta. Please look carefully at the horizontal triangle corrective pattern (ascending triangle) in yellow. If this pattern is valid, then most probably market in the process to perform a corrective abcde in magenta before expecting for another bullish continuation to complete wave 5 (magenta). Otherwise if the price make a true breakout to the lower yellow trendline and further until the bearish reversal bias line, then preferably market in bearish reversal trend refering to the alt count in yellow. Good luck.

Monday, July 21, 2008

Gbp vs Jpy 1H


I'm looking forward for a further breakout to the lower red trendline to bolster the "double top" pattern and a bearish reversal trend scenario refering to the alt count in yellow. A strong resistance at the bullish continuation line 2 would favour this point of view. Otherwise, if we found any true breakout to the bullish continuation line 2, this scenario would be invalid. Therefore please watch closely both critical lines which is the bullish continuation line 2 and the bearish reversal bias line. Please be carefull for any bullish trap scenario. Good luck.

Gbp vs Jpy 1H, 4H & Daily Pre Market Overview


Chart 1H - Please analyse all possible alt counts and determine what is your trading strategy for next week. Preferably, I'm looking for a bearish reversal trend either to the yellow or magenta. Please be noted that if the double top is valid, then favourably market will perform a truncated wave 5 (yellow). Otherwise if this bullish continuation line 2 is taken, then we may see a trend to complete either refering to the alt count in magenta or white. Please confirm your entry from BSTS signal.


Chart 4H - Preferably, I'm looking for a completion of subwave 5 and b (yellow) before expecting a bearish reversal trend to complete corrective wave C (yellow). A valid double top pattern would bolster this scenario. Otherwise if there is a true breakout to the bullish continuation line 2, this scenario would be invalid.


Chart Daily - At this moment, market in the phase either to complete subwave ii (magenta or white) before expecting for another bearish reversal trend or to complete subwave v (yellow). If level 213.87 standing as a strong resistance, then we may see a bearish reversal trend. Otherwise if this line is taken, then preferably market in the process to complete subwave v and wave C in yellow.

Summary :
1) I'm looking for a bearish reversal opportunity either to the alt count in yellow or magenta. An establishment of a "double top" pattern would bolster the alt count in yellow.
2) Otherwise if the bullish continuation line 2 is taken, then preferably market either to complete subwave v (magenta) or subwave 3 in white (TF 1H & 4H).
3) Please be carefull for any bullish trap scenario.
Good luck.
Extra tips : Please also analyse wave structure in Eur/Jpy and look for any possible entry signal from BSTS.

Friday, July 18, 2008

Gbp vs Jpy 1H Update #1


At this moment, I divided the market into 3 possible scenario (alt counts), which is :-
1) Magenta Count - a truncated wave 5 scenario and expecting to perform a corrective a, b and c later.
2) Yellow Count - another truncated of wave 5 which perform a double top to complete major corrective b.
3) White count - a strong impulsive bullish trend to perform wave 3.
Therefore, please analyse all alt counts with your trading system (BSTS) and determine which one is more preferable. Happy weekends.

Gbp vs Jpy 1H


Please be noted that I did a wave recount due to yesterday market movement. Therefore, please analyse 1st before making any decission. I believed market should be in retracement before expecting another upward movement either to complete subwave 5 (magenta or yellow) or wave 3 (white). Please be careful and have a nice weekends.

Gbp vs Jpy 1H Update #1


At this moment, please be noted that the bearish continuation scenario in critical stage. Please study all the latest re-count waves and I believed if the price continue further upside and break the yellow critical line, advisable to stay out from the market until next week. Its more likely the corrective a, b and c already completed (magenta) and preferably looking forward for a new set of waves to begin either a bullish or a bearish wave count. Have a nice day.

Thursday, July 17, 2008

Gbp vs Jpy 1H


Please analyse all new rectangle zones and determine which is the possible trend or where is to make an entry from your trading system (BSTS). Preferably, I believed market will perform a bearish continuation later but don't forget about the possibility for the alt count in white to be happen later. Advisable to monitor any good bearish continuation entry signal from BSTS 2 & 3 later today. Have a nice day.

Gbp vs Jpy 1H Update #1


At this moment, I'm looking forward for a completion of retracement subwave 4 before expecting another bearish continuation to complete subwave 5 and wave iii (yellow). But please analyse possibility towards the new alt count in white to perform corrective subwave a, b and c. Therefore, please monitor from BSTS for any bearish continuation entry signal later. Good luck.

Wednesday, July 16, 2008

Gbp vs Jpy 1H


I'm looking forward for bearish continuation to complete major corective wave C (yellow or magenta). A further breakout to the bearish continuation critical line 2 and 3 would bolster this scenario. Otherwise please be careful for any upside movement and any true breakout to the white critical line. Good luck.

Tuesday, July 15, 2008

Gbp vs Jpy 1H Update #1


I'm looking forward for a bearish continuation later to complete subwave 3 (yellow) before expecting any retracement to perform corrective subwave 4 (yellow). Please noted that alt count in white is already invalid. But please be careful for any upside movement. If the price bounce and break the bottom of subwave 1 (yellow), the bearish subwave count would be in doubt. Good luck.
p/s - just as reminder to "Sell Top, Buy Bottom"

Gbp vs Jpy 1H


Price still inside the teal rectangle zone. I believed subwave 2 (yellow) is already completed and looking forward for a downside movement to bolster the bearish continuation scenario to perform subwave 3 (yellow). A further breakout to the white critical line would enhance this point of view. Otherwise please be carefull for any upside movement. Good luck.

Monday, July 14, 2008

Gbp vs Jpy 1H


I'm looking forward for a completion confirmation of subwave 2 (yellow) before expecting a bearish continuation trend later. But please be carefull for any possibility refering to the alt count in white. Looking for a breakout soon. Good luck.
p/s : extra tips - please analyse Eur/Jpy tf 4H

Saturday, July 12, 2008

Gbp vs Jpy 1H, 4H & Daily Pre Market Overview


Chart 1H - Please noted that market still in between a very strong support (210.16) and resistance (212.29). At the moment, its very hard to determine which trend is more preferable, so please be extra carefull before making any entry. Favourably, Im looking forward for a bearish trend later in this month.


Chart 4H - Please analyse all critical lines to assist you in making or hold any entry. Please wait for a good setup signal from BSTS before making any entry. Preferably, I'm looking for a good bearish entry signal from BSTS later. But please be carefull for any possibilty regarding to alt count in white.


Chart Daily - I'm looking forward for a completion of wave ii (magenta or white) confirmation before expecting any bearish continuation trend later. A further breakout to the bearish reversal bias line would bolster this alt counts. Otherwise, we may see a bullish trend according the alt count in yellow.

Summary :

1) At this moment, advisable to wait for the real trend to be unfold 1st since market still in corrective phase.
2) Preferably, I'm still looking forward for a major bearish trend within this month and please making any entry if there is any good entry signal from BSTS later.
3) But please be carefull for any bullish trend later and please analyse all critical lines for both bearish and bullish alt counts to assist you in making any decission.

Good luck.

Friday, July 11, 2008

Gbp vs Jpy 1H


At this time, I'm looking forward for any breakout from the teal triangle corrective area and please noted that any breakout is possible. Therefore please look for any good entry setup signal from BSTS before making any entry. Have a nice weekends.

Gbp vs Jpy 1H Update #1


At the moment, market in hedging phase and still inside the downtrend channel. Its hard to determine which trend is more preferable right now. Also please be extra carefull regarding the ascending triangle pattern if valid and don't forget to protect your entry with SL. Please refer towards more bigger TF as your control trading strategy such as BSTS 2 Weekly. Good luck.

Thursday, July 10, 2008

Gbp vs Jpy 1H


I believed subwave 2 (cyan) is already completed and looking forward for a bearish continuation to complete subwave 3 (cyan). As long the price moving inside the downtrend channel trendline, this scenario is valid. Otherwise if the price make a breakout to the upper green trendline, this scenario would be in doubt. Please analyse all critical lines and good luck.

Wednesday, July 9, 2008

Gbp vs Jpy 1H


Until this moment, price already break the lower yellow trendline but bounce back from the major lower red trendline. I'm looking forward for a another downside movement (2nd attempt) and a true breakout would bolster either the alt count in yellow or magenta scenario. Otherwise please be carefull for any breakout to the 212.40 h-line. Good luck.

Tuesday, July 8, 2008

Gbp vs Jpy 1H


Until this moment, the major lower red trendlines still stand as a strong support and a true breakout would bolster the bearish continuation trend scenario. But please be carefull any strong bounce which is would favour to the alt count in white. Preferably, I'm looking forward for a bearish trend later within this week. Good luck.

Monday, July 7, 2008

Gbp vs Jpy 1H Update #1


Please noted that the alt count in magenta is already invalid. Price just bounce back from the major lower red trendline and I'm looking forward for another attempt later. Please analyse both counts (yellow and white) and try to determine which one is more favourable from BSTS. Good luck.

Gbp vs Jpy 1H


Price have to make a breakout from the teal triangle either to the upper or lower trendlines. Please be carefull for any bullish trap or false breakout to the upper green trendline. But if the price continue moving upwards until break the bullish continuation line 1 and 2, the bearish continuation scenario would be in major doubt. Preferably, I'm still looking for any possible bearish trend to complete corrective wave c (magenta or yellow). Good lucks.

Gbp vs Jpy 1H, 4H & Daily Pre Market Overview


Chart 1H - Please noted that there was 3 possible alt counts which is either magenta, yellow or white. Preferably, I'm looking for bearish continuation either refering to alt count in magenta or yellow. Therefore, please confirm form your BSTS for any bearish continuation entry signal. Otherwise we may see a bullish trend according to the alt count in white.


Chart 4H - I'm looking forward for a completion of subwave ii (magenta or yellow) before expecting for any bearish continuation trend. A further breakout to the lower major red trendline would bolster this scenario. Otherwise if the price move further upwards and made a true breakout to the bullish continuation line 2, this scenario would be invalid.


Chart Daily - I'm looking forward for a valid reversal diagonal triangle pattern (rising wedge) which is refering to a bearish reversal trend to perform either to alt count in magenta or white. But please be carefull for any bullish continuation trend refering to alt count in yellow.

Summary :

1) Preferably looking for a bearish continuation trend and a further breakout to the major lower red trendline would bolster this scenario. This scenario would be invalid if there is a breakout to the bullish continuation line 2.

2) Please also be carefull for a possibility of the bullish trend. A true breakout to the bullish continuation line 2 would bolster this alt counts.

Happy trading and good lucks.

Friday, July 4, 2008

Gbp vs Jpy 1H Update #1


Until this moment, price just been rejected from the major upper green trendline. Please noted that I made some adjusment to the alt count in yellow and magenta. I believed subwave e (cyan) and ii (magenta) is already completed and looking forward for a further downside movement later next week for a bearish continuation to complete subwave iii (magenta or yellow). Favourably, a breakout to the lower major red trendline would bolster this scenario. Meanwhile, a further breakout to the upperside until the bullish continuation line 1 would put the bearish continuation scenario in major doubt. Good luck.

Gbp vs Jpy 1H


Please analyse both alt counts either in yellow or white. Preferably, I'm looking for a bearish continuation trend refering to alt count in yellow.. A further downside movement and a true breakout to the lower red trendline would bolster this scenario. Otherwise, a breakout to the upper green trendline and later to the bullish continuation line 1 would favour to the alt count in white. Have a nice weekends.

Thursday, July 3, 2008

Gbp vs Jpy 1H Update #1


I'm looking forward for a completion of corrective subwave e (cyan) and ii (yellow) before expecting any possible bearish continuation movement. A strong resistance from the major upper green trendline (triangle) would bolster this point of view. But please be carefull if the price make a true breakout to the upper green triangle trendline. Good luck.

Gbp vs Jpy 1H


At this moment, I'm looking forward for completion of subwave e and ii (yellow) before expecting any possible bearish continuation later tonight. But please monitor those triangle for any breakout either to the upper or lower trendlines. Although I'm bias towards a bearish continuation but please bear in mind, anything is possible. So please be carefull. Therefore please analyse all possible counts (magenta/yellow/white) and decide which is more preferable. Happy weekends and good luck.

p/s : Untuk pengetahuan semua, allahyarhamah Maslinda Ismail iaitu isteri kepada Saudara Naseer (kuasaforex) baru saja pulang ke rahmatullah pada jam 11.30 malam tadi kerana sesak nafas. Marilah kita semua memanjatkan doa dan sedekah al-fatihah kepada allahyarhamah semoga roh beliau dicucuri rahmat dan di golongkan ke dalam orang-orang yang beriman dan soleh, al-fatihah.....amin.

Wednesday, July 2, 2008

Gbp vs Jpy 1H Update #1


I'm looking forward for the completion of corrective abcde and subwave ii (yellow) before expecting a bearish continuation later during the NFP news announcement tomorrow. But please also analyse the probability either to the alt counts in magenta or white. Good luck.

Gbp vs Jpy 1H


At this moment, price still moving inside the teal triangle. I'm looking forward for a symmetrical triangle pattern abcde (cyan) which is synonym to a bearish continuation corrective pattern to be perform later today. Please noted that there will be a NFP announcement later tomorrow at 8.30 pm (GMT 8+). A further breakout to the lower teal triangle and bearish continuation line 2 would bolster the bearish continuation scenario. Otherwise a true breakout to the upper major green trendlines would put this scenario in critical moment. Good luck.

Gbp vs Jpy 1H Update #1


Looking forward for any breakout either to the upper or lower teal triangle trendline before I can confirm which count is more preferable. I'm still bias towards a bearish continuation trend within this few weeks but anything can happen. So please be carefull before making any entry. Good luck.