Tuesday, August 31, 2010

Gbp vs Jpy 4H


At this moment, a strong breakout towards the bearish continuation critical line 1 and 2 in important to bolster to the alt count in magenta. Otherwise, we may see a potential bullish reversal trend scenario either in white or yellow (double bottom). Good luck.

Thursday, August 26, 2010

Gbp vs Jpy 1H


At this moment, a breakout towards the S3 critical line and bearish contiuation critical line 3 would indicate that market in progress to complete subwave 5/v either in white or magenta. Please be extra careful since otherwise, we may see a bullish reversal trend scenario to perform corrective wave c in yellow. Happy weekends and good luck.

Wednesday, August 25, 2010

Gbp vs Jpy 1H


At this moment, I believed market in progress to perform either subwave 4 (white or magenta) or subcorrective wave a (yellow), and once completed, I'm expecting for another bearish trend either to perform subwave 5 in white/magenta or subcorrective wave b in yellow. Therefore, as long the magenta/white critical line is still remain intact, advisable to look for short opportunity from BSTS later. Good luck.

Tuesday, August 24, 2010

Gbp vs Jpy 1H & 4H


Gbp vs Jpy (1H) - At this moment, I believed market in progress to complete subwave 4 either in white or magenta before expecting for another bearish continuation trend scenario. A pullback from the fibo critical lines and follow by a breakout to the yellow critical line would bolster to this scenario. Otherwise, we may looking for a bullish reversal trend scenario refering towards the truncated subwave 5 in yellow.


Gbp vs Jpy (4) - Favourably, I believed market only in bullish retracement trend scenario and once its completed, I'm looking forward for another bearish contiuation trend scenario either to perform a "double bottom" pattern of subwave 5 in white or in magenta. Good lucks.

Monday, August 23, 2010

Gbp vs Jpy & Eur vs Usd - Market Overview


Gbp vs Jpy (4H) - At this moment, the subwave structures is already unfold and therefore I believed market in progress to complete subwave v either in white or magenta. Otherwise, please be careful for any possibility towards a bullish reversal trend scenario refering to the alt count in yellow.


Eur vs Usd (4H) - Favourably, I believed market in progress to complete either subwave v/a in aqua or major corrective wave C in white. Please always be careful for any bullish retracement trend scenario later. Good luck.

Sunday, August 22, 2010

Gbp vs Jpy & Eur vs Usd - Market Overview


Gbp vs Jpy (1H) - At this moment, market have a strong possibility towards a bullish reversal trend either refering to the alt count in yellow or magenta. But, please be noted that market still have potential to perform another bearish continuation trend scenario to complete subwave v in white before expecting for any bullish reversal trend.


Eur vs Usd (4H) - At this moment, I believed market in progress either to complete subwave v in aqua or corrective wave C in white. Please be noted that market also have a strong possibility to perform a bullish retracement trend 1st to complete corrective wave b either in aqua or yellow before expecting for another strong bearish continuation trend scenario. Good luck.

Thursday, August 19, 2010

Gbp vs Jpy 1H


At this moment, a breakout to the yellow critical line would indicate that we may see another bearish continuation trend scenario to complete either subwave v in magenta or white. Otherwise, a breakout to the magenta/white critical line would indicate that market may already in bullish reversal trend scenario to perform subcorrective wave c in yellow. Happy weekends and good luck.

Wednesday, August 18, 2010

Gbp vs Jpy 1H


At this moment, its better to wait for the market to unfold 1st before making any further decission. A valid "diagonal triangle" bullish reversal pattern would bolster towards the alt count in yellow scenario to perform corrective a, b and c. Otherwise, I'm looking forward for a valid "descending triangle" bearish continuation pattern which would bolster towards the alt count in white scenario. Good luck.

Tuesday, August 17, 2010

Gbp vs Jpy 1H


Favourably, I believed market in progress to complete subwave 5 in white. Otherwise, please be careful for a truncated subwave 5 scenario refering to the alt count in magenta or any strong bounce scenario from the lower red trendline. Good luck.

Monday, August 16, 2010

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


Gbp vs Jpy (1H) - At this moment, I'm looking forward market to perform further bearish continuation trend scenario to complete subwave 5 either in magenta or white. Otherwise, please be careful for any breakout towards the upper green trendline.


Eur vs Usd (4H) - At this moment, a breakout towards the upper yellow trendline would indicate that we may see a strong bullish retracement trend scenario perhaps to complete corrective wave b either in white or yellow (double top). Otherwise, if the bearish continuation critical line 1 is taken, then I believed market already in progress to complete subwave v in aqua.


Aud vs Usd (Daily) - Preferably, I believed market in progress to perform a major bearish reversal trend scenario to complete the major corrective wave C either in white or magenta. Advisable to look for any opportunity to short again from BSTS once the market perform any bullish retracement trend scenario. Good luck.

Sunday, August 15, 2010

Gbp vs Jpy & Eur vs Usd - Market Overview


Gbp vs Jpy (1H) - At this moment, I'm looking forward market to make further bearish continuation trend scenario to complete subwave 5 before expecting for any bullish trend. A breakout towards the bearish continuation critical line 1 would bolster to this scneario. Otherwise, please be careful for any breakout towards the pivot critical line.


Eur vs Usd (4H) - At this moment, I'm looking forward for a bullish retracement trend scenario to complete wave b in white (right shoulder of the H & S pattern) before expecting for another strong bearish continuation trend scenario. Otherwise, we may see either an extension of wave a or a "double top" wave b scenario. Good luck.

Thursday, August 12, 2010

Gbp vs Jpy 1H


At this moment, please be extra careful for any possibility towards a truncated and bullish reversal scenario refering to the alt count in yellow. Favourably, I'm looking forward for another bearish continuation trend scenario to complete subwave 5 either in white or magenta. Happy weekends and good luck.

Elliot Wave's Prechter Interview About Dollar, Stocks

Pimm Fox on Bloomberg earlier today interviewed Robert Prechter of Elliot Wave International regarding current market behaviour.

http://www.bloomberg.com/video/62152902/

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".

Tuesday, August 10, 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.

Sunday, August 8, 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.

Thursday, August 5, 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.

Wednesday, August 4, 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.

Tuesday, August 3, 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.

Monday, August 2, 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.

Sunday, August 1, 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.