Friday, May 29, 2009

Gbp vs Jpy 4H Quick Update


Are we going to see the market will continue going up until the upper trendline before any possible downturn to the south ? Anyway my strategy is still looking for any possible short entry. Good luck

Gbp vs Jpy 1H, Daily & Weekly


Chart 1H - At this moment, I still believed market just performed a typical "throw-over" pattern in diagonal triangle scenario. Therefore, favourably I'm looking forward for a bearish reversal trend scenario later but please be noted that market perhaps may perform a head and shoulder pattern 1st. Otherwise, please be careful for any bullish continuation trend and a breakout towards the white/yellow critical line.


Chart Daily - Please be noted that I believed market just performed a bullish retracement trend either to complete subwave a (white or yellow) or corrective wave 4 (magenta). Favourably, I'm looking forward for a bearish continuation trend once subwave a is completed (yellow) but please be noted that there is a possibility that subwave a is still not complete yet refering to the alt count in white. Therefore, advisable to look for any bearish continuation trend entry signal from BSTS laters once either waves is completed.


Chart Weekly - Preferably, I believed market in progress to perform just a subwave a (white or yellow) before expecting another bearish continuation trend to complete subwave b and later a bullish retracement trend to complete subwave c in 4. but, please be noted that market also have a possiblity to complete subwave 4 in magenta before expecting for another bearish continuation trend scenario. Therefore, advisable to look for any possible bearish entry signal from BSTS later.

Good luck and happy weekends.

Thursday, May 28, 2009

Gbp vs Jpy 1H


At this moment, the lower yellow trendline still remain intact. Preferably, I'm looking forward for a breakout towards the downside to bolster the bearish reversal trend scenario. But please be careful if the "throw-over" scenario is still unfinish. Good luck.

Wednesday, May 27, 2009

Gbp vs Jpy 1H Update #1


Preferably, I believed market will perform a bearish reversal trend either to complete major corrective wave b (white or yellow) or corrective wave E in gray. A valid "throw-over" pattern and a diagonal triangle reversal pattern would bolster towards this scenario. Otherwise, please be careful for any bullish continuation trend scenario.

Gbp vs Jpy 1H


At this moment, I believed market just performed a "Throw-Over" pattern which is a bullish trap scenario. Therefore, preferably I'm looking forward for a bearish reversal trend later refering either toward the alt count in white or yellow. But, please be careful for any strong bullish continuation trend refering to the alt count in magenta. Advisable to look for any bearish reversal entry signal from BSTS later. Good luck.

Tuesday, May 26, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a bearish reversal trend refering toward the alt counts either in white, yellow or at least gray. A breakout to the lower yellow trendline and a valid triple top and diagonal triangle (rising wedge) bearish reversal pattern would bolster to this scenario. Otherwise, please be careful for any breakout towards the white/yellow critical line. Good luck.

Monday, May 25, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a valid diagonal triangle and triple top reversal pattern to bolster towards either the alt counts in white or yellow. Otherwise, please be careful for any bullish continuation trend refering to either the latest gray alt count or magenta. Good luck.

Friday, May 22, 2009

Gbp vs Jpy 1H Update #1


At this moment, the alt count in white is already invalid. Therefore, either market will perform a truncated wave 5 in yellow or an impulsive wave 5 in magenta. Favourably, I'm looking for any possibility towards the bearish reversal trend scenario once wave 5 (yellow or magenta) is completed. Good luck.

Gbp vs Jpy 1H


Due to the market scenario, I have to did some adjustment to both alt counts either in yellow or white. Most likely, market in progress to perform a complex abcde corrective pattern either in magenta (impulsive) or yellow (truncated - 5 in b). Otherwise, if market continue further to the downside, then most probably corrective wave b is already completed (white). Advisable to look for any bearish entry signal from BSTS later. Happy weekends and good luck.

Thursday, May 21, 2009

Eur vs Jpy 4H - Quick Overview


Favourably, I'm looking forward for a truncated wave 5 scenario refering towards the alt count in yellow. Otherwise, please be careful for an impulsive wave 5 in white. Good luck.

Gbp vs Jpy 1H


At this moment, please be careful for any horizontal triangle bullish continuation pattern scenario refering to the alt count in magenta. Favourably, I'm still looking for any bearish reversal opportunity refering towards the alt couns either in yellow or white. Good luck.

Wednesday, May 20, 2009

Gbp vs Jpy 1H Update #1


At this moment, I'm looking forward for a bearish reversal trend refering to either the alt count in white or yellow. Otherwise, please be careful for any breakout toward the yellow critical line. Good luck.

Gbp vs Jpy 1H


Preferably, I'm looking forward for a bearish trend to be perform to complete wave iii either in white or yellow. A true breakout towards the major lower red trendline would bolster this scenario. But please be noted that, market have to perform 5 subwave structures if the scenario is valid. Otherwise, please be careful for any bullish continuation trend and any breakout towards the white/yellow critical line. Good luck.

Tuesday, May 19, 2009

Gbp vs Jpy 1H Update #1


At this moment, I believed just completed wave ii either in white or yellow and I'm expecting for another bearish trend later to perform wave iii in B. Please be noted that this scenario is invalid if the white/yellow critical line is taken. Otherwise, please be careful for any bullish continuation trend and any breakout towards the bullish continuation critical line 2 and 3 that would bolster the alt count in magenta scenario. Good luck.

Gbp vs Jpy 1H


Please be noted that due to the bounce scenario, the previous alt count in yellow is already invalid. Favourably, I'm looking forward for a completion of wave ii either in white or yellow before expecting for another bearish continuation trend to perform wave iii in B. Otherwise, please be careful for any breakout towards the white/yellow critical line and possibility towards the alt count in magenta scenario. Good luck.

Monday, May 18, 2009

Gbp vs Jpy 1H


At this moment, price already at the major lower red trendline. Preferably, I'm looking forward for a further breakout to complete subwave v in 3 (cyan). Otherwise, please be careful for any bounce scenario either refering to the alt count in white or magenta. Favourably, I believed market in progress to perform a major bearish retracement trend to complete wave B either in white or yellow. Good luck.

Friday, May 15, 2009

Gbp vs Jpy 1H


At this moment, I can divided market into 3 possible scenario which is :
1) Yellow - market will perform an extension of wave i in yellow which is consist of an extension of subwave v in 3(cyan).
2) White - market will perform a truncated wave i in white.
Please be noted that both alt count is expecting for a furher bearish continuation trend to complete major corrective wave B.
3) Magenta - market will perform a bullish continuation trend to complete wave 3.
Preferably, I'm looking forward for a further bearish continuation trend scenario either in alt counts in yellow or white. A further breakout towards the major lower red trendline that would bolster to this scenario is still remain to be seen. Good luck and happy weekends.

Thursday, May 14, 2009

Gbp vs Jpy 1H


At this moment, price already near the major lower red trendline and the lower channel red trendline. Therefore, please be careful for any bounce scenario, favourably to complete subwave ii either in white or yellow before expecting for another bearish continuation trend to complete major corrective wave B. Otherwise, please be careful for any bullish continuation trend scenario to complete wave 3 in magenta. Good luck.

Wednesday, May 13, 2009

Gbp vs Jpy 1H Update #1


At this moment, price already break the white critical line and the bearish continuation critical line 1. Therefore, I'm looking forward for a further bearish continuation trend scenario to complete a major corrective wave B in 5 bearish wave structures (yellow). But please be extra careful for any possibility to a bullish continuation trend scenario according to the alt count in magenta or a bullish retracement trend scenario to complete subwave ii in yellow. Good luck.

Gbp vs Jpy 1H


At this moment, market still in the bearish channel and the white critical line is still remain intact. Preferably, I'm still looking for any opportunity towards the bearish continuation trend scenario (magenta or yellow). A breakout towards the white critical line would bolster to this scenario. Otherwise, please be careful for any breakout to the upper green channel trendline. Good luck.

Tuesday, May 12, 2009

Gbp vs Jpy 1H Update #1


At this moment, the bearish continuation critical line 1 is remain intact. Therefore, please be careful for any possibility towards the alt count in white scenario. Favourably, I'm looking forward for a bearish continuation trend scenario to complete subwave c in cyan. Good luck.

Gbp vs Jpy 1H


At this moment, I'm looking forward for any bearish continuation trend to bolster the alt counts either in magenta or yellow. A breakout towards the bearish continuation critical line 1 would bolster to this scenario. Otherwise, please be careful for any bounce scenario. Good luck.

Monday, May 11, 2009

Gbp vs Jpy 1H Update #1


At this moment, I believed market in progress to complete subcorrective wave c in cyan. Preferably, I'm looking forward for a major bearish retracement trend refering to the alt count in yellow. Otherwise, please be careful for any possibility towards a bullish continuation trend scenario if subcorrective wave c in cyan is only a wave 2 in magenta. A further breakout to the bearish continuation critical line 1 would bolster to both scenario. Good luck

Gbp vs Jpy 1H


Favourably, I'm looking forward for any downside trend either to perform a wave 2 in magenta or major corrective wabe B in yellow. Otherwise please be careful for any bullish trend to complete wave 5 in white. Advisable to look for any bearish entry signal from BSTS later. Good luck.

Friday, May 8, 2009

Gbp vs Jpy 1H


Preferably, I believed market just perform a truncated wave 5 in yellow. Therefore, I'm looking forward for any possibility of a major bearish retracement trend scenario to perform a major corrective wave B (yellow). Otherwise please be careful for any bullish continuation trend to perform an impulsive wave 5 in white or any bounce scenario once wave 2 in magenta is completed. Please be extra careful since there will be an announcement abt NFP tonight 8.30pm (GMT +8). Good luck.

Thursday, May 7, 2009

Gbp vs Jpy 1H


At this moment, preferably I believed market either in progress to perform a corrective subwave b in yellow or the unfinished truncated wave 5 in white. Favourably, advisable to look for any bearish reversal entry signal from BSTS later. Otherwise, this scenario is invalid if there is any true breakout towards the bullish continuation critical line 2. Good luck and happy weekends.

Wednesday, May 6, 2009

Gbp vs Jpy 1H Update #1


At the moment, price just bounce back from the lower channel trendlines. Please be careful for any breakout towards the bullish continuation critical line 1. Otherwise, a valid "Head and Shoulder" reversal pattern would bolster toward either the alt counts in magenta or yellow. Good luck.

Gbp vs Jpy 1H


At this moment, price already break to lower diagonal triangle trendline. Preferably, I'm looking forward for a further breakout towards the bearish continuation critical line 1 to bolster the major bearish retracement trend scenario (yellow). Otherwise please be careful for any bullish continuation scenario refering to the alt count in magenta. Good luck.

Tuesday, May 5, 2009

Gbp vs Jpy 1H Update #1


At this moment, I'm looking forward for any possibility for a major bearish retracement trend to complete corrective wave B in yellow. A valid diagonal triangle reversal pattern would bolster this scenario. Otherwise please be careful for any breakout towards the bulish continuation critical line 2. Good luck.

Gbp vs Jpy 1H


Preferably, I'm looking forward for a major bearish retracement trend with condition that a truncated wave 5 in yellow is already completed. Or at least a minor bearish retracement trend to complete wave 2 in magenta. But, please be careful for any valid of symmetrical triangle pattern that bias towards a bullish continuation scenario (white). Good luck.

Monday, May 4, 2009

Gbp vs Jpy 1H


Preferably, I believed market will perform a major bearish retracement trend to complete corrective wave B once wave 5(A) is completed (yellow-truncated or white-impulsive). Otherwise, we may still see a minor bearish retracement trend to complete subwave 2 in magenta. Therefore, advisable to look for any bearish retracement entry signal from BSTS later. Good luck.

Friday, May 1, 2009

Gbp vs Jpy 1H and Weekly


Chart 1H - At this moment, due to the breakout from the upper green trendline, market getting more bias towards the bullish continuation trend (white or magenta). But, favourably I'm still believed market should perform a bearish trend to complete a more convincing of subwave b in iv (yellow). So, please be extra careful.


Chart Weekly - At this moment, I believed market in progress to complete major wave iv either in white or yellow. Preferably, I'm looking for any bearish retracement trend to perform a corrective sub wave b (yellow) before expecting for another bullish continuation trend to complete major wave iv (yellow). Good luck and happy weekends.