Dreams are renewable. No matter what our age or condition, there are still untapped possibilities within us and new beauty waiting to be born.

-Dale Turner-

Tuesday, May 25, 2010

GBPUSD

Cable built Bullish Bat in H1 chart, and Impulse Harmonic in M30 chart. If the 50% from the high of 1.4525 in M30, likely Cable will continue to go short.  I am watching Cable to break 1.4370 to confirm the up trend.

GBPUSDH1 - BuBat GBPUSDM30 - BeIH

Wednesday, May 19, 2010

GBPJPY

The pair continue to move lower and building a Bullish Crab pattern.

GBPJPYH12 EmBuCrab

USDCAD

The pair seem to move higher and building Bearish Bat pattern.

USDCADH8 EmBearishBat

Tuesday, May 18, 2010

USDCAD

Emerging Bullish Butterfly. The C was resisted at 0.50 of AB. It is expected to continue lower to point D at 0.9900 – 0.9800 area.

USDCADH8 - Em Bu Butterfly

Monday, May 17, 2010

GBPJPY @ H4 – Bullish Bat Pattern

Pair is expected to make reversal at this PRZ level. It also built a positive HD in 4hrs chart.

GBPJPYH4 BuBat

Friday, May 14, 2010

USDCAD

This pair is trading higher with +HD on H8 chart, and expected to emerge a butterfly pattern. USDCADH8  HD

Thursday, May 13, 2010

GBPUSD

Cable create Impulse Harmonic Pattern on H1 and emerge Bullish Bat Pattern on H4. I am expecting complete Bat Pattern to go long. There might be another opportunity  to short cable at the 50% retracement after the completion of Impulse Harmonic.

GBPUSDH1 -HD 02   GBPUSDH4 buBat

Wednesday, May 12, 2010

GBPUSD

Cable emerge BeGartley (Bearish Gartley), and seem H1 chart is building +HD. It shall be a nice support for Cable to finishing CD leg of the pattern.

GBPUSDH8 GBPUSDH1  HD

EURJPY

There is a Bearish impulse Harmonic pattern potential, and potential D leg up to 120.00 – 121.00 area.

EURJPYM30 - SeaHorse

Tuesday, May 11, 2010

USDCHF

USDCHF is likely building C leg of BuGartley and making –HD, both in H2 timeframe. There is a nice trade possibility to short on CD leg.

USDCHFH2 BuGartley    USDCHFH2 -HD

EURJPY - Update

Likely this pair is emerging a Harmonic Pattern in H4 and H1 time frame. BuBat Potential in H4 and BuBatterfly in H1. B Leg is supported by 88.6 FibFan and +HD. The potential C leg might be resisted around mid APF (Andrew Pit Fork) for Standard Harmonic Pattern or over shoot within 1.13-1.618 of AB for Impulse Harmonic Patter (other book says “Sea Horse” pattern). 

EURJPYH4 EURJPYH1 Em BuButterfly in Em BuBat

EURUSD

 

“Positive HD in BeGartley”

EURUSD build +HD (Positive Hidden Divergent) in H1 and emerge BeGartley (Bearish Gartley) in H4 for CD (5th Leg). Where the +HD is supported at 88.6 FibFan. Nice trade possibility up to 1.3200 area.

EURUSDH1   HD EURUSDH4 BeGartley

Monday, May 10, 2010

EUR/JPY @ H1 - Emerging Bearish Bat

 EURJPYH1  HD EUR/JPY is expected to reach near 124.05 area to complete Bearish Bat pattern. The Stochastic show +HD and possible to ride a small bullish potential for 5th leg of BeBat pattern.  

Monday, May 3, 2010

EURJPY


EURJPY H2 made a nice BeGarley, but I miss that. Now, I am expecting another Harmonic pattern. Likely It is going make BuBat pattern, where B leg is built by AB=CD, supported at 50% InRet (Internal Retracement) and 2 stoch showing a potential +HD (positive Hidden Divergent).

I am trying to ride BC leg of H2 pattern base of BuBatterfly at M15. But this is not my priority trade.


GBPUSD


GBPUSD H8 is resisted by Mid APF after completing the Harmonic Impulse Wave (Blue/Green). There would be 2 scenario on this pair :
  1. The pair will make AB=CD or go further to south base on basic harmonic impulse wave theory.
  2. The pair will supported by lower APF then form a harmonic pattern, and I am expecting BeGartly for this scenario.