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.