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.

Tuesday, June 16, 2009

Gbp vs Jpy 1H


At this moment, price already break the lower red trendline. Preferably, I believed market in progress to perform a corrective wave a either in yellow or gray. But, please be careful for any bullish retracement trend to perform a corrective wave b before expecting for another bearish continuation trend to complete corrective wave c. Otherwise, please be careful for any possibility towards the alt count in white where as market might perform a double top wave v in 5. Good luck.

Monday, June 15, 2009

Gbp vs Jpy 1H


At this moment, I'm looking for a bearish trend either to perform a reversal corrective wave a in yellow or retracement to complete wave iv in white. A breakout to the lower yellow and red trendline would bolster towards this scenario. Otherwise, please be careful for any bullish continuation trend and any breakout towards the white/yellow critical line. Good luck.

Friday, June 12, 2009

Gbp vs Jpy 1H


At his moment, unless we see any strong bullish breakout, I believed market will complete a truncated wave 5 in yellow before expecting for a bearish reversal trend to complete major wave 5. A valid diagonal triangle pattern and a breakout towards the lower yellow trendline would bolster towards this scenario. Good luck and happy weekends.

Thursday, June 11, 2009

Gbp vs Jpy 1H


At this moment, I'm still waiting for any true breakout either to the bullish continuation critical line 2 or lower red trendline to determine which alt counts that is more favourable. Preferably, I'm looking for any opportunity for a truncated wave 5 in 4 (yellow) before expecting for a major bearish continuation trend scenario. But, please be careful for any bullish continuation trend refering to the alt count in magenta. Good luck.

Wednesday, June 10, 2009

Gbp vs Jpy 1H Update #1


At this moment, please be noted that the alt count in white is already invalid. Therefore I believed market in progress to complete subwave 5 in 4 before expecting for a major bearish continuation trend to complete major wave 5 either in yellow or magenta. Preferably, I'm looking forward for any opportunity towards a truncated wave 5 in yellow. Otherwise we may see another bullish continuation rally to complete subwave 5 in magenta. Good luck.

Gbp vs Jpy 1H


At this moment, I believed market in progress to complete wave 5 either in yellow or magenta. Favourably, I'm looking forward for any possibility to a truncated wave 5 in yellow before expecting for a bearish reversal trend to complete major wave 5. But please be careful since we may see an impulsive wave 5 to complete major wave 4 in magenta. A breakout either to the lower red trendline or white/yellow critical line would unfold the more likely trend to be perform later. Good luck.

Tuesday, June 9, 2009

Gbp vs Jpy 1H


Favourably, I'm looking for any breakout towards the lower red trendline to bolster the major bearish continuation trend scenario to complete major wave 5. Advisable to look for any bearish entry signal from BSTS later. Otherwise, please be careful for any breakout towards the bullish continuation critical line 1 and white/yellow critical line. Good luck

Monday, June 8, 2009

Gbp vs Jpy 1H


Preferably, I'm looking forward for a completion of major wave 4 and a major bearish continuation trend scenario to complete major wave 5 refering either to the alt counts in white or yellow. But, please be careful for any breakout towards the white/yellow critical line which would indicates that market still in major bullish retracement trend to complete major wave 4 in magenta. Good luck.

Friday, June 5, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a further bearish continuation trend to bolster towards the alt count in white scenario. But please be careful for any bullish continuation trend either to complete the unfinish truncated wave 5 in yellow or an impulsive wave 5 in magenta. Preferably, advisable to look for any bearish entry signal from BSTS later. Good luck and happy weekends.

Thursday, June 4, 2009

Gbp vs Jpy 1H & Daily


Chart 1H - Preferably, I'm looking forward for any possibility toward the alt count in white scenario. A further breakout until the yellow/magenta critical line would bolster to this scenario. Otherwise, please be careful for any bullish continuation trend scenario refering to the alt count in magenta.


Chart Daily - Favourably, I'm looking forward for an opportunity to the completion of major wave 4 refering to the alt count in white before expecting for a major bearish continuation trend scenario to complete major wave 5. But please be extra careful if the major wave 4 is still not complete yet (magenta or yellow). Good luck.

Wednesday, June 3, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a bearish retracement trend to perform wave 4 either in white or magenta before expecting for another bullish continuation trend. Preferably, please be noted that there is possibility that wave 5 could be only a truncated wave (white). Unless the white critical line is taken, advisable to look for any bearish entry signal from BSTS later. Otherwise we may see an impulsive wave 5 in magenta or an extension of wave 3 in yellow. Good luck.

Tuesday, June 2, 2009

Gbp vs Jpy 1H, Daily & Weekly


Chart 1H - Due to the strong bullish breakout, therefore I believed market the previous considered that market may perform a correctice wave B before another bullish continuation to complete subwave C in 4 (weekly) is already invalid. Favourably, market already in progress tocomplete major wave 4 (white, magenta or yellow) before expecting for another bearish continuation trend to complete major wave 5 in C. At the moment, market just in subwave 3 before expecting a bearish retracement to complete subwave 4. Please be noted either we shall see another subwave 3 expansion (yellow) or is already completed (white), need to be confirm later. My strategy is, I'm waiting for a completion of major wave 4 before considering any possibility towards a major bearish continuation trend to complete major wave 5.


Chart Daily - I believed, market in progress to complete corrective wave c in 4 before expecting for another bearish continuation trend to complete major wave 5 in C.


Chart Weekly - Please be careful since market may continue to perform a bullish retracement trend to complete wave 4 at fibo retracement 50% before expecting for another major bearish continuation trend scenario. My advise is, please wait until major wave 4 is completed before making any decission to make any bearish entry. Please confirm it from a bigger TF at BSTS later.

Good luck.

Monday, June 1, 2009

Gbp vs Jpy 1H


Preferably, I believed market only performed a "throw-over" pattern which is represent a typical bullish trap scenario. Expecting market will perform a bearish trend either to complete corrective wave E in 4 (magenta) or major corrective wave B (white or yellow). Therefore, advisable to look for any bearish entry signal from BSTS later. Otherwise, please be careful for any breakout towards the white/yellow critical line. Good luck.