Thursday, October 29, 2009

Gbp vs Jpy 1H


Please be noted due towards the strong bullish trend yesterday, therefore the previous alt count in magenta and aqua is already invalid. At this moment, I'm looking forward towards another bearish continuation trend scenario to perform subcorrective wave c once subcorrective wave b is completed either in white or magenta. Please be careful for any "double top" or bullish trap scenario. Otherwise, we may see another strong bullish continuation trend scenario refering to the alt count in yellow. Good luck and happy weekends.

Wednesday, October 28, 2009

Gbp vs Jpy 1H


At this moment, I'm believed market in bearish continuation trend to complete subcorrective wave c either in magenta or aqua. Please be careful for any possibility towards a bullish retracement trend scenario to perform subwave 2 in magenta. Good luck.

Tuesday, October 27, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a further bearish continuation trend scenario to complete subcorrective wave c in magenta. Otherwise, please be careful for any bullish trend either to complete the unfinish subcorrective wave b in white or subwave 5 in yellow. Good luck.

Monday, October 26, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for another bearish continuation trend to complete subcorrective wave c in magenta. A further breakout to the lower red trendline and bearish continuation critical line 1 & 2 would bolster towards this scenario. Otherwise please be careful for any breakout towards the magenta critical line which perhap to perform the unfinish subcorrective wave b in white or the white critical line. Good luck.

Sunday, October 25, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a bullish retracement trend to perform subcorrective wave b either in magenta or white before expecting for another bearish continuation trend scenario to complete subcorrective wave c. A "Head and Shoulder" pattern would bolster to this scenario. Please be careful for any strong bullish retracement trend and a "double top" scenario. Good luck.

Thursday, October 22, 2009

Gbp vs Jpy 1H & Daily


Chart 1H - At the moment, I'm looking forward for a bearish reversal trend scenario to perform corrective subwave a, b and c in magenta. Otherwise, please be careful for any extension of subwave 5 or a "bull trap" scenario.


Chart Daily - Favourably, I'm looking forward for a "pullback" scenario from the major upper green trendline and a completion of wave 2 either in magenta or white to perform a major bearish continuation trend in wave 3. Otherwise, please be careful for any false breakout scenario or a strong breakout towards the major upper green trendline. Good luck and happy weekends.

Wednesday, October 21, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a completion of subwave 5 either in white, magenta or yellow before expecting for a bearish reversal trend to perform corrective subwave a, b and c. Therefore, advisable to look for any possibility towards a completion of subwave 5 scenario before making any short entry. Good luck.

Tuesday, October 20, 2009

Gbp vs Jpy 1H


At this moment, please be noted that an ascending triangle (yellow triangle) pattern may indicate that we may see another bullish continuation trend refering either towards the alt count in magenta or yellow. Otherwise, a breakout towards the lower yellow trendline may bolster to the truncated scenario refering to the alt count in white. Therefore, please wait for any breakout to determine which alt counts that is more favourable. Good luck.

Monday, October 19, 2009

Gbp vs Jpy 1H


At this moment, I'm looking forward for a possibility toward either a bearish reversal trend (white) or a bearish retracement trend (magenta) scenario. Therefore, advisable to look for any opportunity towards a bearish entry signal from BSTS later. Otherwise, please be careful for any strong bullish rally and a breakout towards the white critical line. Good luck.

Sunday, October 18, 2009

Gbp vs Jpy and Gbp vs Usd - Market Overview


Gbp vs Jpy (1H) - At this moment, I'm expecting for a bearish retracement trend to perform corrective wave 4 in magenta before expecting for another bullish continuation trend either an impulsive or a truncated wave 5 later. Otherwise we may see another bullish rally to perform an extension of wave 3 or wave 5 is already completed and we shall see a bearish reversal soon (white).


Gbp vs Jpy (Daily) - At this moment, I'm looking forward for another major bearish continuation trend once wave 2 is completed either in white or magenta. A pullback scenario from the major upper green trendline would bolster towards this scenario. Otherwise, please be careful for a truncated major wave 5 in yellow which indicates that market is already in major bullish reversal trend in a, b and c.


Gbp vs Usd (Daily) - Preferably, I'm looking forward for another bearish continuation trend scenario either in yellow or magenta. A pullback from the major upper green trendline would bolster towards this scenario later. Otherwise, please be careful for another bullish continuation rally refering to the alt count in white scenario.


Gbp vs Usd (Monthly) - More likely, I believed market in progress to complete corrective wave b either in magenta or yellow before I'm expecting market to perform a major bearish continuation trend scenario to complete subwave c. Good luck.

Thursday, October 15, 2009

Gbp vs Jpy 1H


Due to the strong bullish trend, please be noted that the alt count in yellow is already invalid. Preferably, I believed market just in progress to perform a major wave 2 before expecting for another bearish continuation trend scenario either in white or magenta. Good luck and happy weekends.

Wednesday, October 14, 2009

Gbp vs Usd Daily


At this moment, I'm looking forward for another bearish continuation trend scenario refering to the alt count in aqua/yellow. But please be careful for any possibility towards a strong bullish retracement trend to complete the unfinish corrective wave b in magenta. Good luck.

Gbp vs Jpy 1H & Daily


Chart 1H - At this moment, I'm looking forward for any possibility towards a pullback scenario from the major upper green trendline to bolster the bearish continuation trend scenario. Please be extra careful since at the moment, its not very clear which alt counts that is more favourable even though I believed market will perform another strong bearish continuation trend scenario. Therefore, please be careful for any possibility towards a strong bullish retracement trend either refering to the alt count in white or magenta.


Chart Daily - Preferably, I believed market will perform another major bearish continuation trend scenario either refering to the alt counts in yellow, white or magenta. Just be careful for any possibility towards a strong bullish retracement trend (magenta) or a truncated major wave 5 (yellow).

Tuesday, October 13, 2009

Gbp vs Jpy 1H


At this moment, I'm waiting for a breakout from the teal triangle to determine which alt counts that is more favourable. Preferably, I'm looking forward market to perform another bearish continuation trend scenario either refering to the alt count in white or yellow. Otherwise, if the yellow/white critical line is taken, then I believed market in progress the perform a major wave 2 in magenta. Good luck