Wednesday, August 12, 2009

Gbp vs Jpy 1H


At this moment, please be noted that due to the further bearish continuation trend, therefore I believed the previous alt count in white or magenta is already invalid. Favourably, I'm looking forward for a completion of correctie wave a either in yellow or white before expecting for any bullish retracement trend to complete corrective wave b. Please watch closely for any breakout (S3) and the bearish channel. Good luck.

Tuesday, August 11, 2009

Gbp vs Jpy, Eur vs Usd and Gbp vs Usd - Market Overview


Gbp vs Jpy (1H) - At this moment, I believed market in progress to complete corrective wave a in yellow before expecting for a bullish retracement trend to perform corrective wave b. Therefore please watch closely for any breakout or bounce scenario at the lower red trendline later. Advisable to look for any opportunity towards a bearish continuation entry signal from BSTS later. Otherwise, market may only perform an expanding flat corrective refering to the alt count in white where as we may see another strong bounce scenario to complete wave 5 in white or magenta.


Gbp vs Jpy (Weekly) - Preferably, I'm looking forward for a major bearish continuation trend scenario to perform major wave 5/c in yellow. Otherwise, we may see another bullish rally to complete the unfinish major wave 4 either in white or magenta.


Gbp vs Usd (Daily) - Market just perform a strong pullback scenario. Favourably, I'm looking forward for a bearish reversal trend scenario to perform corrective wave a, b and c in yellow OR a major bearish continuation trend scenario to complete major wave 5 in magenta. Otherwise, we may see another bullish rally refering to the alt count in white scenario.


Eur vs Usd (Weekly) - Preferably, I believed market in progress to perform a major wave iii in yellow as long the yellow critical line is remain intact. Otherwise, if the critical line is taken, then market in favour to complete the unfinish major correctuve wave b in white before expecting for another major bearish reversal trend to perform major wave c.
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Good luck.


Monday, August 10, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for an opportunity towards a bearish reversal trend and a bullish trap scenario refering to the alt count in yellow. A breakout towards the lower red trendline would bolster to this scenario. Therefore, advisable to look for any bearish reversal entry signal from BSTS later. Otherwise we may see another bullish continuation trend either in white or magenta.

Friday, August 7, 2009

Gbp vs Jpy(1H) and Gbp vs Usd (Daily) - Market Overview


Gbp vs Jpy (1H) - At this moment. I'm looking forward for a bearish continuation trend to complete corrective subwave c in a refering to the alt count in white. Therefore, please be careful for any bounce or breakout scenario towards the lower red trendline. Otherwise, we may see another bullish continuation trend to complete a "throw-over" pattern wave 5 in yellow or major wave 4 in magenta. Please be careful for NFP announcement tonight at 8.30 pm (GMT+8).


Gbp vs Usd (Daily) - At this moment, price already performed a pullback scenario from the upper green trendline. Therefore, I believed more likely market in progress to perform subwave 4 in yellow before expecting for another bullish continuation trend either to complete a truncated subwave 5 or an impulsive subwave 5. Or, otherwise, a further breakout towards the yellow/white critical line would indicate that perhaps market is already in progress to perform major wave 5 in magenta. Good luck and happy weekends.

Thursday, August 6, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a bearish reversal trend refering to the alt count in white to perform corrective subwave c. But, please be careful since market may also showed a horizontal triangle pattern (ascending triangle) which may bolsters towards the bullish continuation trend scenario. Therefore, please be careful for any possibility towards a bullish trap pattern (yellow) or a strong bullish continuation trend scenario (magenta). Also please be noted that there will be an announcement of NFP tomorrow 8.30pm (GMT+8). Overall, I'm expecting for a bearish reversal trend either in white or yellow. Good luck.

Wednesday, August 5, 2009

Gbp vs Jpy(1H) and Gbp vs Usd (Daily) - Market Overview


Gbp vs Jpy (1H) - At this moment, I'm looking forward for a bearish reversal trend to perform corrective wave a, b and c in white. But, please be careful since market is also in favour to perform another bullish continuation trend to complete a "throw-over/bullish trap" scenario of wave 5/b in yellow. Otherwise we may see another bullish rally (167.59) to complete major wave 4 in magenta. Advisable to look for any opportunity towards a bearish reversal trend scenario either in alt counts in white or yellow.


Gbp vs Usd (Daily) - At this moment, market already reached the upper channel trendline. Therefore, I'm looking forward for any possibility towards a pullback/bearish reversal trend scenario either a completion of major wave 4 in magenta or subwave v in yellow. Otherwise, please be careful since market have a big possibility to perform a bullish continuation trend refering to the alt count in white.
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Good luck.

Tuesday, August 4, 2009

Gbp vs Jpy 1H


Please be noted that the previous alt count in yellow is already invalid. Preferably, I'm looking forward for any possibilitiy towards a bearish reversal trend refering to the alt count in white and a "double top/diagonal triangle" reversal pattern scenario. A breakout to thr lower yellow trendline would bolster to this scenario. Otherwise please be careful for any strong breakout towards the bullish continuation critical line 3 or any bullish trap (throw-over) pattern scenario. Good luck.

Monday, August 3, 2009

Gbp vs Jpy 1H & Daily


Chart 1H - Favourably, I'm looking forward for a bearish trend scenario either to perfom a correcitve a,b and c in yellow or wave 2 in magenta. A breakout to the lower red trendline would bolster towards this scenario. Otherise, please be careful for any bullish continuation trend to complete the unfinish corrective wave b in white or any breakout toward the yellow or white critical line.


Chart Daily - Preferably, I'm looking forward for any possibility of major bearish continuation trend to perfom subwave 3 in 5/c in yellow. Otherwise, please be noted that this scenario will be invalid if there is any breakout towards the white/yellow critical line in which would indicates that perhap major wave 4 in magenta still in progress. Good luck.