Malaysia

Jebatfx · #**21781** Oct 29, 2009 10:50pm

Please be noted due towards the strong bullish trend yesterday, therefore the previous alt count in magenta and aqua is already invalid. At this moment, I'm looking forward towards another bearish continuation trend scenario to perform subcorrective wave c once subcorrective wave b is completed either in white or magenta. Please be careful for any "double top" or bullish trap scenario. Otherwise, we may see another strong bullish continuation trend scenario refering to the alt count in yellow. Good luck and happy weekends.

fxcritic · #**21782** Oct 29, 2009 11:02pm

Quote:

Originally Posted by Jebatfx

Please be noted due towards the strong bullish trend yesterday, therefore the previous alt count in magenta and aqua is already invalid. At this moment, I'm looking forward towards another bearish continuation trend scenario to perform subcorrective wave c once subcorrective wave b is completed either in white or magenta. Please be careful for any "double top" or bullish trap scenario. Otherwise, we may see another strong bullish continuation trend scenario refering to the alt count in yellow. Good luck and happy weekends.

This thread has not been active as before.. but I do look into it often and I really do appreciate what you and Sham and all others and their comments. Your chart and analysis is very informative and it has helped me a lot. Thank you very much. Best regards to you man.

HEvans · #**21783** Oct 30, 2009 12:06am

Quote:

Originally Posted by Jebatfx

Please be noted due towards the strong bullish trend yesterday, therefore the previous alt count in magenta and aqua is already invalid. At this moment, I'm looking forward towards another bearish continuation trend scenario to perform subcorrective wave c once subcorrective wave b is completed either in white or magenta. Please be careful for any "double top" or bullish trap scenario. Otherwise, we may see another strong bullish continuation trend scenario refering to the alt count in yellow. Good luck and happy weekends.

Looks like it's going back up based on daily and weekly movements. What a see-saw...
We'll probably get a clearer pic once GBP's Nationwide HPI m/m and JPY's overnight rates come out. I kinda feel the market's waiting atm.

HEvans · #**21784** Oct 30, 2009 12:08am

Quote:

Originally Posted by fxcritic

This thread has not been active as before.. but I do look into it often and I really do appreciate what you and Sham and all others and their comments. Your chart and analysis is very informative and it has helped me a lot. Thank you very much. Best regards to you man.

Why don't you share with us your own analysis? Then this thread wouldn't be so colorless? :P

Jebatfx · #**21785** Nov 1, 2009 11:25pm

Quote:

Originally Posted by fxcritic

This thread has not been active as before.. but I do look into it often and I really do appreciate what you and Sham and all others and their comments. Your chart and analysis is very informative and it has helped me a lot. Thank you very much. Best regards to you man.

tq, good luck to u and everybody.

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At this moment, I believed market in subwave 4 in aqua before expecting for another bearish continuation trend to complete subwave 5 in c (white or magenta). Otherwise, please be careful for any breakout towards the bullish continuation critical line 1. Good luck.

Jebatfx · #**21786** Nov 3, 2009 1:18am

Chart 1H - Preferably, I believed market will perform a bearish continuation trend to complete subwave 5 in cyan. A breakout towards the lower red trendline would bolster to this scenario. Otherwise, please be careful for any breakout towards the upper green trendline.

Chart Daily - Favourably, I'm looking forward market to perform a major wave 3 in magenta. Otherwise, please be careful for any bull rally and any breakout to the major upper green trendline which would indicate that perhap major wave 2 still in progress (white) or market already in bullish reversal trend to complete major wave a in yellow (truncated scenario). Good luck.

Jebatfx · #**21787** Nov 3, 2009 11:36pm

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.

Jebatfx · #**21788** Nov 4, 2009 10:20pm

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.

zarencorp · #**21789** Nov 5, 2009 2:12am

as most of traders know, us government maintains the rate and in my opinion, if this continues, other currency will also continue at the current pace. Waiting for ECB meeting later tonight.

Jebatfx · #**21790** Nov 5, 2009 10:23pm

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.

alim0355 · #**21791** Nov 7, 2009 8:18am

I'm not very good in english but I hope you understand.
I want to share my experience.
I'm new in forex but I'm follow some advised from what I read. I have loss +/- USD1000 but I never regret it. Now I slowly take the loss back thru 10 PIP system plus the spread. I want you all have comment from the chart attached. Please give me a comments!!

jdhj1 · #**21792** Nov 7, 2009 10:10pm

where is the chart?

GGLee · #**21793** Nov 8, 2009 12:05am

Hi guys,

I'm new, and no nothing bout forex. really want to try out. Could u guys help me, I don't really understand bout risk apettite, how mch percent SL u guys talking bout, what indicators i should use, how to read and how get them?

To sham, may I get ur YM contact email if that won't bother u. I really need help in practicing this forex though i read through some of the thread, but couldn't understand further without see practically.

Please help me. Thank you very much. I appreciate this thread so much. Good work.

Buaya · #**21794** Nov 8, 2009 12:52am

Quote:

Originally Posted by alim0355

I'm not very good in english but I hope you understand.
I want to share my experience.
I'm new in forex but I'm follow some advised from what I read. I have loss +/- USD1000 but I never regret it. Now I slowly take the loss back thru 10 PIP system plus the spread. I want you all have comment from the chart attached. Please give me a comments!!

I can't see any chart attached by you, or are you referring to the chart posted by Jebatfx?

wan8700 · #**21795** Nov 8, 2009 2:04am

This is my first post in this forum. After some analizing GBP/USD....I going for short for a retracement within 1.6640 to 1.6500 next week. On a bigger picture (monthly) a very strong support at 1.6260 whereas 1.6700 strong resistance .
(weekly) a strong support at 1.6468 and 1.6638 strong resistance.
Ok. happy trading...and watch your MM