Thursday, August 12, 2010

Gbp vs Jpy 1H


At this moment, I believed market in progress to complete subwave iv either in white or magenta before expecting for another bearish continuation trend scenario. Otherwise, this scenario would invalid if market further break the magenta/white critical line. Good luck and "selamat berbuka puasa".

Wednesday, August 11, 2010

Gbp vs Jpy & Eur vs Usd - Market Overview


Gbp vs Jpy (1H) - At this moment, I believed market in progress to perform a bearish reversal trend scenario to complete the subcorrective wave c either in white or magenta. Please be careful towards any strong bullish retracement trend scenario perhaps to complete subwave b in magenta or 5 in yellow.


Eur vs Usd (4H) - At this moment, I'm looking forward for a valid "H and S" bearish reversal pattern. Please be careful for any bullish trend either to perform subwave b or ii later. Happy ramadan to sll muslim and good luck.

Monday, August 9, 2010

Gbp vs Jpy, Eur vs Usd & Aud vs Usd - Market Overview


Gbp vs Jpy (1H) - Favourably, I'm looking forward for a breakout towards the lower red trendline to perform corrective wave c in white. Otherwise, please be careful for any breakout towards the upper green trendline.


Eur vs Usd (4H) - I believed market just performed a "bull trap" scenario and therefore, I'm expecting towards a bearish reversal trend scenario either to perform wave 5 (yellow or white) or corrective wave b (magenta).


Aud vs Usd (Daily) - Preferably, I believed the bullish trend is already exausted and therefore, I'm looking forward for a bearish reversal trend scenario to perform major corrective wave C in magenta. Otherwise, please be careful for any "bull trap" scenario. Good luck.

Friday, August 6, 2010

Gbp vs Jpy 1H


At this moment, I'm looking forward for a further bearish trend to perform subcorrective wave c in white. Otherwise, please be careful for a breakout towards the white critical line. Note - I'm looking forward for NFP data release tonight would push GbpJpy, GbpUsd, EurUsd and AudUsd to perform a bearish trend (UsdCad - bullish). Happy weekends and good luck.

Thursday, August 5, 2010

Gbp vs Jpy 1H


At this moment, I'm looking forward for a possible "triple top" bearish reversal scenario refering to the alt count in white. Otherwise, I believed market will perform a "bull trap" scenario refering to the alt count in magenta. Good luck.

Wednesday, August 4, 2010

Gbp vs Jpy 1H


Favourably, I believed will perform a bearish reversal trend scenario either in magenta or white alt counts. A further bearish continuation trend scenario would bolster to the alt count in magenta scenario otherwise please be careful for any possible bounce scenario perhap to perform subcorrective wave b in white. Good luck.

Tuesday, August 3, 2010

Gbp vs Jpy, Gbp vs Usd, Eur vs Usd & Aud vs Usd - Market Overview


Gbp vs Jpy (1H) - Please be noted that the previous H and S pattern (white) was already invalid. Favourably, I'm looking forward for an opportunity towards a "double top" reversal pattern refering to the alt count in magenta. Otherwise, we may see another bullish continuation trend to complete subwave 5 in yellow.


Gbp vs Usd (Daily) - Preferably, I'm looking forward for a bearish reversal trend to perform corrective wave b either in yellow or white. I believed market just performed a "bull trap" scenario.


Eur vs Usd (4H) - I believed market just performed a"bull trap" scenario to complete either corrective wave a (magenta) or wave 4 (yellow or white). Therefore, I'm looking forward for a bearish reversal trend scenario later within this week.


Aud vs Usd (Daily) - At this moment, I'm looking forward for a major bearish reversal trend scenario either refering to the alt count in white or magenta. Otherwise, please be careful for any bullish continuation trend scenario perhaps to complete corrective wave B in magenta ("Triple Top"). Good luck.

Summary - I believed bullish trend in GbpJpy, GbpUsd, EurUsd and AudUsd was already exausted so therefore I'm looking towards a bearish opportunity later.

Monday, August 2, 2010

Gbp vs Jpy & Eur vs Usd - Market Overview


Gbp vs Jpy (1H) - At this moment, I'm looking forward for a valid H and S reversal pattern refering to the alt count in white scenario. A pullback from the R3 critical line would bolster to this scenario. Otherwise, we may see another bullish continuation trend either to complete a double top subcorrective b in magenta or subwave 5 in yellow.


Eur vs Usd (4H) - Preferably, I'm expecting towards a bearish reversal trend either to perform a double bottom of corrective wave b in magenta or wave 5 in yellow. A valid diagonal triangle reversal pattern and a breakout towards the lower yellow trendline would bolster to this scenario. Otherwise, we may see a "bull trap" pattern (false breakout) at the upper yellow trendline. Good luck.