Tuesday, December 22, 2009

Gbp vs Jpy 1H


Please be noted that the previous alt count in white is already invalid. Favourably, I believed market just performed a "bull trap" scenario which consist of a corrective abcde in diagonal triangle pattern. Therefore, I'm still looking for a possible bearish trend to be perform later. Otherwise, please be careful for any breakout towards the upper green trendline and magenta critical line. I also would like to take this opportunity to wish everybody a very Merry Christmas and a Happy New Year. See you all and I'll be back after holidays. Take care....

Monday, December 21, 2009

Gbp vs Jpy 1H


Favourably, I'm looking forward for a bearish trend to perform subwave iii in white. Otherwise, please be careful for any breakout towards the upper green trendline and possibility to a "bull trap" scenario in magenta. Good luck.

Friday, December 18, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for another bearish trend either sub corrective wave b in aqua or an extension of subwave iii in white. Selamat menyambut Maal Hijrah to all muslim and happy weekends.

Thursday, December 17, 2009

Gbp vs Jpy 1H


Please be noted that the previous alt count in magenta is already invalid. At this moment, I believed market just performed a "bull trap" scenario which is a typical trap happen in diagonal triangle (rising wedge) pattern. Therefore, I'm looking forward for a pullback from the upper yellow trendline and further breakout towards the lower yellow trendline. Otherwise, please be careful for any breakout towards the bullish continuation critical line 1. Good luck.

Wednesday, December 16, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a pullback scenario from the yellow upper trendline for a bearish continuation trend. A valid rising wedge pattern and a breakout towards the lower red and yellow trendline would bolster to this scenario. Otherwise, please be careful for any further bullish rally perhap to perform a bull trap scenario. Good luck.

Tuesday, December 15, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a completion or subwave 2 in aqua before expecting for another bearish continuation trend scenario to perform subwave 3, 4 and 5. A pullback from the upper green trendline and later a breakout to the S3 critical line would bolster towards this scenario. Otherwise, please be careful for any breakout towards the green upper trendline and aqua/magenta critical line. Good luck.

Monday, December 14, 2009

Gbp vs Jpy 1H


Preferably, I believed market in progress to complete wave v in magenta. But please be extra careful for any bullish retracement trend to perform subwave 2 in aqua. Otherwise, please be careful for any breakout towards the pivot critical line. Good luck.

Friday, December 11, 2009

Gbp vs Jpy 1H


At this moment, preferably I believed market in progress to complete subcorrective wave e/iv in magenta before expecting for another bearish continuation trend scenario to perform subwave v. A valid rising wedge bearish continuation pattern would bolster towards this scenario. Therefore, advisable to look for a bearish continuation entry signal from BSTS later. Otherwise, we may see a bullish continuation trend to complete subcorrective wave c/2 in white. Happy weekends and good luck.

Thursday, December 10, 2009

Gbp vs Jpy 1H


At this moment, a valid descending triangle bearish continuation pattern would indicate that subwave v in magenta still in progress. Therefore market may perform a complex corrective wave abcde in iv to complete this pattern. Otherwise, we may see a bullish trend to complete corrective wave c in white in 5 bullish wave structures. A breakout towards the upper yellow trendline would bolster to this scenario. Good luck.

Wednesday, December 9, 2009

Gbp vs Jpy 1H


At this moment, I believed market in progress either to complete subwave v (wave 1) in white or magenta before expecting for a bullish retracement trend to perform wave 2. A breakout towards the bearish continuation critical line 1 would bolster towards the alt count in magenta. Otherwise, a breakout towards the magenta critical line would indicate the market is already in progres to complete subcorrective wave c and 2 in white. Good luck

Tuesday, December 8, 2009

Gbp vs Jpy 1H


At this moment, please analyse all possibile alt counts. Favourably, I'm looking forward for a bullish retracement trend either to perform subcorrective wave b (Head & Shoulder) in white or a truncated subwave 5 in magenta. Otherwise, please be careful for any breakout towards the magenta/white critical line. Good luck

Monday, December 7, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward market to perform a bearish reversal trend either in white or magenta (truncated). Therefore, advisable to look for a bearish entry from BSTS later. Otherwise, please be careful for any breakout towards the magenta/white critical line. Good luck.

Friday, December 4, 2009

Gbp vs Jpy 1H


Favourably, I'm looking forward for any possibility towards a bearish continuation trend refering to the alt count in magenta. A breakout towards the S3 critical line and lower red trendline would bolster towards this scenario. Otherwise, we may see another bullish breakout toward the upper green trendline and bullish continuation critical line 1. Please be extra careful for NFP announcement tonight at 9.30pm (GMT+8). Happy weekends and good luck.

Thursday, December 3, 2009

Gbp vs Jpy 1H


At this moment, due to the strong bullish trend, therefore please be noted that the previous alt count in aqua/white is already invalid. Favourably, I'm looking forward for a pullback scenario from the R3 critical line (magenta) or green upper trendline (white) for another bearish continuation trend scenario. Good luck.

Wednesday, December 2, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward market to perform a bearish continuation trend scenario to complete either a truncated subwave 5 in aqua or an impulsive subwave 5 in white as long the aqua/white critical line is remain intact. Otherwise, please be careful for any breakout towards the upper green trendline. Good luck.

Tuesday, December 1, 2009

Gbp vs Jpy and Gbp vs Usd - Market Overview


Gbp vs Jpy (1H) - At this moment, I believed subwave 4 still in progress either refering to the alt counts in aqua or white. A pullback from the R3 or 61.8% critical line would bolster towards this scenario. Otherwise, please be careful for any breakout towards the aqua/white critical line.


Gbp vs Usd (Daily) - Preferably, I believed market will perform a major bearish reversal trend either in yellow or magenta. Otherwise, please be careful for any breakout towards the upper dotted yellow trendline. Good luck.