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GBPJPY Discuss market action in the British Pound versus the Japanese Yen.

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Old 11-04-2009, 12:39 AM
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At this moment, please analyse carefully all 3 possible alt counts in the chart (magenta, white and yellow). Favourably, unless market perform a strong breakout towards the s3 critical line (magenta - corrective abcde scenario), then I believed we shall see another bullish trend to complete the unfinish wajor wave 2 in white before expecting for any strong bearish continaution trend scenario. Please be careful trading within this week since its a NFP week (Friday 9.30 pm GMT +8). Advisable to wait for the market to unfold 1st before making any decission to enter the market. Good luck.
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Old 11-04-2009, 11:17 PM
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Chart 1H - Please be noted that both alt counts in magenta and aqua is already invalid. Preferably, I believed market in progress to complete major wave 2 in white before expecting for another bearish continuation trend scenario. Otherwise, please be careful for any "double top" scenario (unfinish major wave 2) or any breakout towards the white critical line.



Chart Weekly - Favourably, I'm looking forward for a possibility for major bearish continuation trend refering to the alt count in white scenario. Otherwise, please be careful for any breakout towards the major upper green trendline (yellow). Good luck.
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Old 11-05-2009, 11:22 PM
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At this moment, I'm expecting market to perform another bearish trend either in white or magenta (double top). Otherwise, please be careful for any breakout towards the magenta critical line. Please be noted about the NFP announcement tonight (9.30 pm GMT +8) and please be careful. Good luck and happy weekends.
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Old 11-08-2009, 11:57 PM
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Gbp vs Jpy (1H) - At this moment, I'm looking forward for a bearish reversal trend either in white or magenta. Therefore, advisable to look for any opportunity towards a bearish entry signal form BSTS later. A pullback from the upper green trendline would bolster towards the alt count in white. Otherwise, please be careful for any bull trap scenario.



AUD (Daily) - At this moment, I believed the bullish trend will going to end soon either refeing to the alt counts in white or yellow (double top). A diagonal triangle pattern in wave 5 indicates that market already in ending stage of bull. Therefore, advisable to look for any opportunity toward any bearish reversal entry signal from BSTS later. Please be careful for any false breakout or bullish trap scenario. Good luck.
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Old 11-09-2009, 11:08 PM
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At this moment, I'm looking forward for an opportunity towards a bearish reversal trend either in white or magenta. Please be careful for any "bullish trap" or "double top" scenario. Good luck.
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Old 11-11-2009, 12:21 AM
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Favourably, I'm looking forward market to perform a bearish reversal trend to complete corrective wave c in white. Otherwise, please be careful for any bullish continuation trend to complete the unfinish wave 5 in magenta or any "bull trap" scenario. A breakout towards the lower red trendline would bolster to the alt count in white scenario. Good luck.
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Old 11-11-2009, 09:53 PM
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Preferably, I believed market will perform a berish continuation trend to complete subcorrective wave iii in c (white). Otherwise, please be careful for any breakout towards the upper green trendline which would indicate that wave 5 in magenta still in progress before expecting for any bearish reversal trend. Good luck.
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