Thursday, July 29, 2010

Gbp vs Jpy 1H


At this moment, I believed market in progress to complete subcorrective wave c either in white or magenta. Please be careful for a bounce scenario perhaps to perform a right shoulder for a typical H and S pattern refering to the alt count in magenta. Otherwise, please be careful for any strong bullish continuation trend perhaps to complete subwave 5 in yellow. Happy weekends and good luck.

Wednesday, July 28, 2010

Gbp vs Jpy 1H


At this moment, I believed market in progress to perform either a bearish reversal trend to complete subwave a,b and c in magenta or white OR subwave 4 in yellow. A breakout to the bearish continuation critical line 1 would bolster to this scenario. Quick Update - please be noted that, I'm also expecting Gbp/Usd, Eu/Usd and Aud/Usd in progress to perform a bearish reversal trend scenario. Good luck.

Tuesday, July 27, 2010

Gbp vs Jpy 1H


Please be noted that the previous alt counts in magenta and white is already invalid due to the strong bullish continuation trend. Therefore, at the moment, I'm looking for a bearish trend to be perform either to complete subwave a (magenta or white) or subwave 4 in yellow before expecting for another bullish trend to complete subwave b (magenta/white) or subwave 5 (yellow). Also, you can compare this similar structure to other pairs like GbpUsd, EurUsd and AudUsd. So, setup your best trading plan 1st before making further decission. Good luck.

Monday, July 26, 2010

Gbp vs Jpy 1H


Favourably, I'm expecting market to perform a bearish reversal trend scenario to complete subwave c either in white or magenta. Otherwise, please be careful for a breakout towards the magenta/white critical line.

Sunday, July 25, 2010

Gbp vs Jpy 1H


At this moment, the alt count in magenta is already invalid. Therefore, I believed market in progress either to complete subwave 5 in white or subwave 3 in yellow. We may see a "double top" scenario either at the bullish continuation critical line 1 or 2 before expecting for any reversal (white) or retracement (yellow) trend scenario. Good luck.

Thursday, July 22, 2010

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


Gbp vs Jpy (1H) - At this moment, please analyse the latest possible alt counts and all critical lines. Favourably, I still looking forward market to perform a further bearish continuation trend scenario refering to the alt count in magenta. A breakout to the pivot and S3 critical line would bolster to this scenario. Otherwise, please be careful for any breakout to the magenta critical line.


Gbp vs Usd (Daily) - Preferably, I believed market just performed a "bull trap" scenario and I'm looking forward for another bearish continuation trend scenario either to complete the corrective wave b in white (double bottom) or wave 5 in magenta. Otherwise, please be careful for any further bullish continuation trend later.


Aud vs Usd - I believed market in progress to complete major wave 2 either in white or magenta. Therefore, I'm expecting for a strong bearish continuation trend scenario later to perform a major wave 3 in C later. Please be careful for a "bull trap" scenario. Happy weekends and good luck.

Wednesday, July 21, 2010

Gbp vs Jpy 1H


At this moment, I'm looking forward market to further break the strong S3 critical line to complete subwave either in aqua, white or magenta. Please be careful for any strong bounce scenario later. Good luck.

Tuesday, July 20, 2010

Gbp vs Jpy 1H


Preferably, I believed just performed an "expanding flat" corrective pattern refering to the alt count in magenta. Therefore, I'm looking forward for a bearish continuation trend scenario perhaps to complete subwvae v in magenta. Otherwise, this scenario would be invalid if market further break the magenta critical line. Good luck.

Monday, July 19, 2010

Gbp vs Jpy 1H


At this moment, I'm expecting for another bearish continuation trend scenario either to perform a reversal sub-diagonal tirangle pattern in white or subwave v in magenta. A breakout to the S3 critical line would bolster to this scenario. Otherwise, please be more careful for any strong bullish trend and any breakout towards the upper white trendline or R3 critical line. Good luck.

Sunday, July 18, 2010

Fx Food For Thought

Hi there,

I have been seen many ppl discussing abt EA or robots. Below is my "personal" view regarding an EA or robots in forex trading.
.
My advise is u can never be a successful trader if depends on EA/robot. U will stuck by learning each robot behaviour but not the "market behavior" which far most important. Many ppl try so hard to understand either robot or indicator behavior but not focusing on the market behavior. Market is always in unpredictable. There is no such thing is so called "accurate robot or accurate indicator or accurate system".

All trader trade base on their or other ppl speculations. If such "accurate robot" is exist, we shall see NO banker is bankcrupt, soros wont loss millions etc since they have more stronger margin available, resources and more expert technical or fundamental ppl behind their back. They can build a far more so called "accurate" or profitable system or robot then ppl who is try to get easy and fast money by selling their robot.

Just think,

if u really manage to setup an accurate robot which easily can generate/multiply ur money every single day/weeks/months or years, would u sell it to the public. I dont think you will do that. EA seller is a programmer. They are not a succesful forex trader. But they can be a successful EA seller.

For me, you just make the EA seller richer.

Dont get yourself scammed.

Gbp vs Jpy 4H


Favourably, I'm looking forward market to perform a further bearish continuation trend scenario either refering to subwave count in white or aqua. Otherwise, please be careful for any possibility towards a strong bounce scenario from the lower red trendline.

Wednesday, July 14, 2010

Gbp vs Jpy & Gbp vs Usd - Market Overview


Gbp vs Jpy (4H) - Preferably, I'm looking for another bearish continuation trend perhaps until the lower red trendline before expecting for any retracement trend to bolster towards the alt counts either in white or magenta scenario. Otherwise, please be careful for any bullish continuaiton trend scenario.


Gbp vs Usd (Daily) - Favourably, I believed market will perform a "pullback" scenario either to perform corrective wave b in white or wave 5 in magenta. Otherwise, please be careful for any breakout towards the upper green trendline. But, please be careful for any 'bull trap" or false breakout scenario. Good luck.

Tuesday, July 13, 2010

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


Gbp vs Jpy (4H) - I believed market just performed a "bull trap" scenario (false breakout) and looking forward for a 'pullback" to the downside. Otherwise, please be careful for any breakout towards the magenta critical line.


Aud vs Usd (Daily) - Preferably, I believed market in progress to perform a major corrective wave C either in magenta or white. Therefore, advisable to look for any good opportunity towards a bearish entry either refering to the alt count in magenta or white from BSTS later.


Usd vs Cad (Daily) - Favourably, I believed market will perform a bullish reversal trend scenario to complete 5 bullish wave structures either in yellow or white.Otherwise, please be careful for any breakout towards the yellow or white critical line. Good luck.

Monday, July 12, 2010

Gbp vs Jpy 1H


A breakout from the triangle is still remain to be seen to determine which alt counts that is more in favour. Preferably, I'm looking towards an opportunity for a breakout to the downside. Good luck.

Sunday, July 11, 2010

Gbp vs Jpy 4H


Favourably, I'm looking for a bearish trend to be perform later either to complete a "double bottom" scenario refering to the alt count in white or wave 5 in magenta. Otherwise, we may see a bullish trend perhaps to complete corrective wave c in yellow. Good lucks.