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

Written by Jebatfx
Thursday, 02 July 2009
11.20 am Chart 1H GJ - Preferably, I'm looking forward for a bearish reversal trend to be perform refering to the alt counts in yellow. A breakout to the lower red trendline would bolster towards this scenario. Otherwise please be careful for any unfinish corrective wave b in white or major wave 4 in magenta. Chart Daily GJ - I believed, market just performed a major bullish retracement trend to complete major wave 4 (white, magenta or yellow). Therefore, I'm looking for any opportunity towards any major bearish continuation trend scenario to complete major wave 5 with condition wave 4 is already completed. A valid diagonal triangle pattern would bolster towards this scenario. So, advisable to look for any good bearish entry signal from BSTS or your trading system. Chart Weekly EU - I believed market will perform a further major bearish continuation trend to complete major wave c with condition major wave b is already completed (yellow). But, please be careful if the major wave b is still not complete yet (white). Chart Daily GU - Preferably, I'm looking for a possibility toward a bearish trend either refering to the alt count in yellow (truncated) to perform corrective wave a,b and c OR magenta which is to perform major wave 5. A valid diagonal triangle patern would bolster towards this cenario. Otherwise, please be careful since market may perform another bullish continuation trend to complete wave v in c (white). Therefore, please confirm from any breakout towards any critical lines later. Chart Weekly GU - Favourably, I'm looking for any bearish continuation trend scenario with condition either wave c (yellow) or wave 4 (magenta) is already completed. But please be careful for any bullish continuation trend to complete the unfinish wave c in white. Summary - Overall, I'm looking forward for any possibility towards the bearish trend scenario either in GJ, EU or GU. But please confirm any trend or alt counts from your trading system. Also, please be careful since there will be an NFP announcement tonight at 8.30 pm (GMT+8). Good luck.

Gbp vs Jpy 1H

Written by Jebatfx
Wednesday, 01 July 2009
10.44 am At this moment, I'm looking forward market to perform a bearish reversal trend refering to the alt count in yellow. But, please be careful since we may see a double top scenario refering to the alt count in white. And please be noted that all those bearish scenario would be invalid if there is any true breakout towards the white critical line later. Advisable to look for any good bearish entry signal from BSTS later. Good luck.

Gbp vs Jpy 1H

Written by Jebatfx
Tuesday, 30 June 2009
10.23 am Please be noted that market already break the upper green trendline and the previous yellow critical line. Therefore, I have to do a re-count towards the alt count in yellow. Due to that, preferably I believed market in progress to perform corrective wave b either in yellow or white before expecting for a bearish reversal trend. As long the white critical line is remain intact, I would favour to look for any possible bearish entry signal later. Otherwise, if the white critical line is taken, then I believed market still in progress to complete the major wave 4 (magenta) before expecting for any major bearish continuation trend to complete major wave 5. Good luck.

Gbp vs Jpy 1H

Written by Jebatfx

Monday, 29 June 2009

9.45 am

At this moment, I'm still waiting for any strong breakout to determine which alt counts that is more favourable. Preferably, I'm still looking for any possibility towards any major bearish continuation trend either in yellow or white. Unless there is any true breakout towards the white critical line, my advise is to look for any good bearish entry signal before making any entry later. Otherwise, please be careful for any breakout toward the yellow critical line. Good luck.

Gbp vs Jpy 1H

Written by Jebatfx
Friday, 26 June 2009
10.14 am At this moment, I'm looking forward for any opportunity towards the bearish continuation trend refering to the alt count in yellow to perform subwave iii. Otherwise, please be careful for any breakout towards the upper green trendline (white or magenta). Good luck and happy weekends.