Thursday, January 27, 2011

Gbp vs Jpy 1H


Please be noted that the previous alt counts in aqua and yellow is already invalid. At this moment, I believe market in progress either to complete subwave iv in yellow or subwave ii in aqua or subwave i in white. Therefore, I'm expecting market will later perform another bullish continuation trend scenario to complete the respective alt counts wave. Happy weekend and good luck.

Wednesday, January 26, 2011

Gbp vs Jpy 1H


At this moment, I believe market in progress to complete subwave iv either refering to the alt counts in yellow or aqua. Therefore, I'm looking forward for a potential bearish continuation trend scenario to complete subwave v in C later. A pullback and follow by a breakout toward the pivot critical line would bolster to this scenario. Otherwise, this scenario would invalid if market further break the aqua/yellow critical line. Good luck.

Tuesday, January 25, 2011

Gbp vs Jpy 1H


At this moment, I believe market already in bearish reversal trend scenario. But please be noted that I'm expecting market will perform a bullish retracement trend scenario to complete subwave iv in yellow with condition subwave iii is already completed. Otherwise, we may see another bearish continuation trend scenario to complete an extension of subwave iii in aqua before any potential bullish retracement trend scenario. Good luck.

Monday, January 24, 2011

Gbp vs Jpy 1H


At this moment, a significant breakout is still yet remain to be seen to determine which alt count that is in favour. Preferably, I'm looking forward for a potential strong breakout toward the major red lower trendline and pivot critical line to bolster the bearish reversal trend scenario in aqua. Otherwise, please be careful for any bounce scenario later. Good luck.

Sunday, January 23, 2011

Gbp vs Jpy 1H


At this moment, I'm looking forward for an opportunity toward a bearish reversal trend scenario refering to the alt count in aqua or yellow. A breakout to the yellow lower trendline and pivot critical line would bolster to the aqua scenario. Otherwise, please be careful for another bullish continuation trend or "bounce" scenario either to perform a "bull trap" of subcorrective wave b in yellow or major wave 5 in white. Good luck.

Thursday, January 20, 2011

Gbp vs Jpy 1H


At this moment, market already performed a strong bullish continuation trend scenario. Preferably, I believe market in progress to complete subcorrective wave b either in aqua or yellow before expecting for a bearish reversal trend scenario to complete subcorrective wave c. A pullback from the R3 critical line and follow by a breakout toward the pivot critical line would bolster to the alt count in aqua scenario. Otherwise, please bear in mind that we may see a "bull trap" scenario to complete a "double top" of subcorrective wave b in yellow or further bullish continuation trend scenario to perform the incomplete of major wave 5 in white. Happy weekend and good luck.

Wednesday, January 19, 2011

Gbp vs Jpy 1H


At this moment, I believe market in progress to complete either subcorrective wave a in aqua or yellow; OR motive wave 4 in white. Please be noted that I'm expecting market to perform a bullish continuation trend scenario either to complete subcorrective wave b or motive wave 5 in white. A potential "Head and Shoulder" pattern would bolster to the bearish reversal trend scenario either in aqua or yellow. Good luck.

Tuesday, January 18, 2011

Gbp vs Jpy 1H


At this moment, please be noted that the previous alt counts in aqua and white is already invalid. Preferably, I believe market just performed a "bull trap" scenario either to complete major wave 5 (yellow or aqua) or major wave 3 in white. Therefore, I'm expecting market to perform a bearish trend either a reversal (aqua or yellow) or only a retracement (white). A breakout to the pivot critical line would bolster to this scenario. Please be careful for another bullish trend either to complete subcorrective wave b in aqua/yellow or major wave 5 in white. Good luck.

Monday, January 17, 2011

Gbp vs Jpy 1H


At this moment, I'm looking forward for a potential bearish reversal trend scenario either to complete subcorrective wave a in aqua or corrective wave a in white. A breakout toward the pivot critical line would bolster to this scenario. Otherwise, I believe market may perform a bull trap scenario to complete wave 5 in yellow. Good luck.

Sunday, January 16, 2011

Gbp vs Jpy 1H


At this moment, I believe the bullish trend will end soon and market just completed the "bull trap" pattern either refering to the alt counts in aqua or white. A breakout to the pivot critical line and lower white trendline would bolster to this scenario. Otherwise, the exausted bull market may going up to complete the unfinish of wave 5 in yellow. Good luck.

Thursday, January 13, 2011

Gbp vs Jpy 1H


At this moment, I believe market have a strong potential to perform a bearish reversal trend refering to the alt count in aqua. A valid "diagonal triangle" pattern and follow by a breakout toward the lower aqua trendline would bolster to this scenario. Otherwise, we may see a bull trap scenario perhap to perform the incomplete of wave 5 in white. Happy weekend and good luck.

Wednesday, January 12, 2011

Gbp vs Jpy 1H


At this moment, I'm looking forward for either a bearish retracement trend scenario to perform subwave iv (aqua or yellow) or a bearish reversal trend scenario to perform subcorrective wave a in white. Please be noted that market have potential to perform a bullish continuation trend scenario either to complete subwave v in aqua (diagonal triangle pattern) or subwave v in yellow before expecting for a reversal. Good luck.

Tuesday, January 11, 2011

Gbp vs Jpy 1H


At this moment, I believe market in progress to complete major wave 5 either refering to the alt counts in aqua, white or yellow. Therefore, advisable to look for a potential toward a bearish reversal trend scenario later to perform corrective wave a,b and c. Good luck.

Monday, January 10, 2011

Gbp vs Jpy 1H


At this moment, market just consolidated between the S3 and R3 critical line. A breakout is important to determine which alt count that is in favour. Preferably, I'm looking forward for a potential further bullish continuation trend scenario either refering to the alt count in yellow or aqua. Otherwise, we may see a bearish reversal trend scenario in white. Good luck.

Sunday, January 9, 2011

Gbp vs Jpy 1H


At this moment, I believe market more in favour toward either a bearish reversal trend scenario in white or a bearish retracement trend scenario in yellow. A valid diagonal triangle pattern would bolster to this scenario. Otherwise, we may see a "bull trap" pattern or another strong bullish continuation pattern to complete subwave v in aqua. Good luck.

Saturday, January 8, 2011

New Year, Same Goals- Consistent Market Profits

2010 is history and a new decade has now begun. For many folks, new year resolutions now come into focus and high standards are set. Of course, many of the goals that are established are never fulfilled and totally disappear or they are put off to the next year or the next. I am sure you are aware of this as it may have happened to you as well. Maybe you have even had some trading goals set as resolutions and they fell by the wayside through the struggles of a tough trading year. Perhaps exterior factors and cirumstances took your focus off of the goal and you just quit trying to attain it. Or, maybe you feel like the bar was set too high and you just couldn't reach it. Whatever the reason, here we are again at a time when you may be setting your sights on trading consistency. Let me give you this admonishment. GO FOR IT AND DON'T QUIT!
I can personally attest that reaching the goals you set is usually a daunting task. The whole purpose of a goal is to get us to work and stretch ourselves to reach something of real value to us. Without a goal we just move along aimlessly without any destination and end up with no true satisfaction.

Thinking of goals brings to my mind the time that I had a term paper to write. At the time I was a 10th grader and in search of a worthy subject, I chose to write about the comparison of two Olympic track athletes. The 1984 Olympic games had just been conducted the summer before and Carl Lewis had matched the accomplishments of 1936 Olympian Jesse Owens in winning 4 gold medals. Both of these men faced fierce competition and mental obstacles. Jesse Owens, a young black american, had to compete in Germany while Adolph Hitler was in power. He had to battle not only against other athletes that felt superior because of race, but against an entire political establishment and some in the world that felt the same. He proved them wrong by winning a record 4 gold medals and dominating the games. In 1984 Carl Lewis set his sights on attaining the same number of medals as Owens and reached it. If I remember correctly, I wrote to prove that Jesse Owens had many more factors against him than Carl Lewis did in setting those records and his accomplishment was harder to secure. I am not here to argue that point again, but rather to emphasize the importance of setting a goal and working your butt off to achieve it, no matter the odds.

We all know the odds in trading...only 5% or less actually succeed in making money, but does that mean that we can't or shouldn't be in that 5%? I am sure Jesse Owens felt at times that he couldn't reach the lofty goals he had set for himself but in the face of extreme circumstances and adversity he accomplished something only one other man has been able to do since. If Jesse can go into a stadium filled with racist bigots along with their psychotic leader and perform at his greatest, then you can attain your goals in trading. No, trading is not easy but anything worthwhile doesn't come easy. The key to trading success is a continued effort to find something that clicks with you and you must not place a time limit on finding it. Once you learn how the market works, then you must start the quest to find the trader inside of you. I truly believe that if your will is strong enough, you can find what you are searching for.
I urge you to write your goals down and keep track of your progress. Continue to work hard and focus on doing things with simplicity. Develop a plan based on back testing and chart time and once you have written it out, STICK WITH IT. Visualize your success day after day and focus on the goal rather than the obstacles. Make 2011 the year that you have a break through in your trading, and even if you are already consistent in your results, raise the bar for yourself so that you can continue to become the best you can be.

I wish you all the best in your trading and in your lives for 2011. My hope is not only that you reach your goals, but that you far exceed them.




Risk Warning. Trading foreign exchange on margin or forex managed funds carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. past performance does not guarantee or imply future success. You can not assume recommendations made in any part of this mail or site will be profitable.



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Thursday, January 6, 2011

Gbp vs Jpy (1H) & Gbp vs Usd (4H) - Market Overview


Gbp vs Jpy (1H) - At this moment, I'm looking forward for a potential bullish continuation trend scenario refering to the alt count in aqua. Otherwise, please be careful for any breakout toward the pivot critical line either to perform subcorrective wave c/4 in yellow or corrective wave c in white.


Gbp vs Usd (4H) - At this moment, I'm looking forward for a potential bearish reversal trend scenario refering to the alt count in yellow. A strong breakout toward the aqua/white critical line would bolster to this scenario. Otherwise, we may see another bullish continuation trend scenario to perform either the incomplete of corrective wave b in white or motive wave 5 in aqua. Good luck and happy weekend.

Wednesday, January 5, 2011

Gbp vs Jpy 1H


I believe market already in bullish reversal trend scenario either refering to the alt counts in white, yellow or aqua. At this moment, please be extra careful since market have a potential to perform either a bearish reversal trend scenario in white or only a bearish retracement trend scenario in yellow. Good luck.

Tuesday, January 4, 2011

Gbp vs Jpy 1H


At this moment, market already performed a strong bullish trend. Either the bullish trend was refering to a reversal or only a retracement is still yet remain to be seen. A breakout toward the white critical line would favour to the alt counts either in yellow or aqua. Otherwise, we may see another bullish continuation trend scenario to complete motive wave 5 in white. Good luck.

Monday, January 3, 2011

Gbp vs Jpy (1H) & Gbp vs Usd (4H) - Market Overview


Gbp vs Jpy (1H) - At this moment, a breakout either to the aqua or white/yellow critical line is necessary to determine which alt counts that is in favour. Preferably, I'm looking forward for a further potential of bullish retracement trend scenario.


Gbp vs Usd (4H) - At this moment, a breakout toward the aqua/white critical line would favour to a potential of bearish reversal trend scenario to perform subwave iii either in yellow oe magenta. Otherwise, market may break the upper green trendline to perform the incomplete of either corrective wave b in white or motive wave 5 in magenta. Good luck.

Sunday, January 2, 2011

Gbp vs Jpy(1H) & Gbp vs Usd (4H) - Market Overview


Gbp vs Jpy (1H) - Favourably, I'm looking forward for a potential bullish reversal trend scenario either refering to the alt count in yellow or white. Otherwise, we may see another bearish continuation trend scenario to perform the incomplete of wave 5 in aqua.


Gbp vs Usd (4H) - At this moment, a strong pullback from the upper green trendline and follow by a breakout towards the bearish continuation critical line 1 and 2 would bolster to the potential bearish reversal trend scenario refering to the alt count either in yellow or magenta. Otherwise, a breakout towards the bullish continuation critical line 1 would favour to the bullish continuation trend scenario either in white or aqua. Welcome 2011 and good luck.