At this moment, I believed market in progress to complete subcorrective wave c either in white or magenta. Please be careful for a bounce scenario perhaps to perform a right shoulder for a typical H and S pattern refering to the alt count in magenta. Otherwise, please be careful for any strong bullish continuation trend perhaps to complete subwave 5 in yellow. Happy weekends and good luck.
"Winning Forex Trading Strategy - The Way To Make Big Money In Forex (Turning Poor Become Rich, Rich Become Richer)"
Friday, July 30, 2010
Thursday, July 29, 2010
Gbp vs Jpy 1H
At this moment, I believed market in progress to perform either a bearish reversal trend to complete subwave a,b and c in magenta or white OR subwave 4 in yellow. A breakout to the bearish continuation critical line 1 would bolster to this scenario. Quick Update - please be noted that, I'm also expecting Gbp/Usd, Eu/Usd and Aud/Usd in progress to perform a bearish reversal trend scenario. Good luck.
Wednesday, July 28, 2010
Gbp vs Jpy 1H
Please be noted that the previous alt counts in magenta and white is already invalid due to the strong bullish continuation trend. Therefore, at the moment, I'm looking for a bearish trend to be perform either to complete subwave a (magenta or white) or subwave 4 in yellow before expecting for another bullish trend to complete subwave b (magenta/white) or subwave 5 (yellow). Also, you can compare this similar structure to other pairs like GbpUsd, EurUsd and AudUsd. So, setup your best trading plan 1st before making further decission. Good luck.
Tuesday, July 27, 2010
Gbp vs Jpy 1H
Monday, July 26, 2010
Gbp vs Jpy 1H
At this moment, the alt count in magenta is already invalid. Therefore, I believed market in progress either to complete subwave 5 in white or subwave 3 in yellow. We may see a "double top" scenario either at the bullish continuation critical line 1 or 2 before expecting for any reversal (white) or retracement (yellow) trend scenario. Good luck.
Friday, July 23, 2010
Gbp vs Jpy, Gbp vs Usd and Aus vs Usd - Market Overview
Gbp vs Jpy (1H) - At this moment, please analyse the latest possible alt counts and all critical lines. Favourably, I still looking forward market to perform a further bearish continuation trend scenario refering to the alt count in magenta. A breakout to the pivot and S3 critical line would bolster to this scenario. Otherwise, please be careful for any breakout to the magenta critical line.
Gbp vs Usd (Daily) - Preferably, I believed market just performed a "bull trap" scenario and I'm looking forward for another bearish continuation trend scenario either to complete the corrective wave b in white (double bottom) or wave 5 in magenta. Otherwise, please be careful for any further bullish continuation trend later.
Aud vs Usd - I believed market in progress to complete major wave 2 either in white or magenta. Therefore, I'm expecting for a strong bearish continuation trend scenario later to perform a major wave 3 in C later. Please be careful for a "bull trap" scenario. Happy weekends and good luck.
Thursday, July 22, 2010
Gbp vs Jpy 1H
Wednesday, July 21, 2010
Gbp vs Jpy 1H
Preferably, I believed just performed an "expanding flat" corrective pattern refering to the alt count in magenta. Therefore, I'm looking forward for a bearish continuation trend scenario perhaps to complete subwvae v in magenta. Otherwise, this scenario would be invalid if market further break the magenta critical line. Good luck.
Tuesday, July 20, 2010
Gbp vs Jpy 1H
At this moment, I'm expecting for another bearish continuation trend scenario either to perform a reversal sub-diagonal tirangle pattern in white or subwave v in magenta. A breakout to the S3 critical line would bolster to this scenario. Otherwise, please be more careful for any strong bullish trend and any breakout towards the upper white trendline or R3 critical line. Good luck.
Monday, July 19, 2010
Fx Food For Thought
Hi there,
I have been seen many ppl discussing abt EA or robots. Below is my "personal" view regarding an EA or robots in forex trading.
.
My advise is u can never be a successful trader if depends on EA/robot. U will stuck by learning each robot behaviour but not the "market behavior" which far most important. Many ppl try so hard to understand either robot or indicator behavior but not focusing on the market behavior. Market is always in unpredictable. There is no such thing is so called "accurate robot or accurate indicator or accurate system".
All trader trade base on their or other ppl speculations. If such "accurate robot" is exist, we shall see NO banker is bankcrupt, soros wont loss millions etc since they have more stronger margin available, resources and more expert technical or fundamental ppl behind their back. They can build a far more so called "accurate" or profitable system or robot then ppl who is try to get easy and fast money by selling their robot.
Just think,
if u really manage to setup an accurate robot which easily can generate/multiply ur money every single day/weeks/months or years, would u sell it to the public. I dont think you will do that. EA seller is a programmer. They are not a succesful forex trader. But they can be a successful EA seller.
For me, you just make the EA seller richer.
Dont get yourself scammed.
I have been seen many ppl discussing abt EA or robots. Below is my "personal" view regarding an EA or robots in forex trading.
.
My advise is u can never be a successful trader if depends on EA/robot. U will stuck by learning each robot behaviour but not the "market behavior" which far most important. Many ppl try so hard to understand either robot or indicator behavior but not focusing on the market behavior. Market is always in unpredictable. There is no such thing is so called "accurate robot or accurate indicator or accurate system".
All trader trade base on their or other ppl speculations. If such "accurate robot" is exist, we shall see NO banker is bankcrupt, soros wont loss millions etc since they have more stronger margin available, resources and more expert technical or fundamental ppl behind their back. They can build a far more so called "accurate" or profitable system or robot then ppl who is try to get easy and fast money by selling their robot.
Just think,
if u really manage to setup an accurate robot which easily can generate/multiply ur money every single day/weeks/months or years, would u sell it to the public. I dont think you will do that. EA seller is a programmer. They are not a succesful forex trader. But they can be a successful EA seller.
For me, you just make the EA seller richer.
Dont get yourself scammed.
Gbp vs Jpy 4H
Thursday, July 15, 2010
Gbp vs Jpy & Gbp vs Usd - Market Overview
Gbp vs Jpy (4H) - Preferably, I'm looking for another bearish continuation trend perhaps until the lower red trendline before expecting for any retracement trend to bolster towards the alt counts either in white or magenta scenario. Otherwise, please be careful for any bullish continuaiton trend scenario.
Gbp vs Usd (Daily) - Favourably, I believed market will perform a "pullback" scenario either to perform corrective wave b in white or wave 5 in magenta. Otherwise, please be careful for any breakout towards the upper green trendline. But, please be careful for any 'bull trap" or false breakout scenario. Good luck.
Wednesday, July 14, 2010
Gbp vs Jpy, Aud vs Usd & Usd vs Cad - Market Overview
Gbp vs Jpy (4H) - I believed market just performed a "bull trap" scenario (false breakout) and looking forward for a 'pullback" to the downside. Otherwise, please be careful for any breakout towards the magenta critical line.
Aud vs Usd (Daily) - Preferably, I believed market in progress to perform a major corrective wave C either in magenta or white. Therefore, advisable to look for any good opportunity towards a bearish entry either refering to the alt count in magenta or white from BSTS later.
Usd vs Cad (Daily) - Favourably, I believed market will perform a bullish reversal trend scenario to complete 5 bullish wave structures either in yellow or white.Otherwise, please be careful for any breakout towards the yellow or white critical line. Good luck.
Tuesday, July 13, 2010
Gbp vs Jpy 1H
Monday, July 12, 2010
Gbp vs Jpy 4H
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