gbpjpy daily

i prefer diagonal triangle. wait for a reversal sign. Price will be compress inside the wedge

EurUsd

Instrument EurUsd
timeframe = 4 hour
Current wave = Wave c inside wave iv possible to zigzag correction

Comment.
Eu will easily to slide down as zigzag correction. Medium term trend DT inside correction in larger degree.

gbpjpy h4

Instrument = GbpJpy
Timeframe = 4 hour

Comment = After 3 times i try to count the higher possibilities this the probability for GbpJpy, Wave C inside wave B in larger degre.. So the conclusion is i will hold with this counting. Thank you

Regard
al yaqen
yaqen.canteen@gmail.com

GbpJpy current situation

i try to get a clearly view in GbpJpy [daily timeframe]. Mebbi this is a current situation.

hehe tayang ss gak la miahah..

just close around 395 pips , exceed fibo 261.8

GbpJpy

ngeeeeeeeeeeeeeeeee miahah sory guys ;)

EurUsd

Instrument = EurUsd
timeframe = 1 hour
Comment = i believe Eu have a strong bullish :D

Warmest regard
al yaqen
yaqen.canteen@gmail.com

GbpJpy

Instrument : GbpJpy
timeframe : 4 Hour
Current Wave : Wave b inside wave (B) in larger degree, In my opinion GJ need only one more wave c to complete wave (B).
Next possible movement : Medium term uptrend inside corrective and Major trend downtrend when wave (C) appear.

trading idea for chaos user.
find a good buy entry using wiseman 1 :D.


warmest regard.
al yaqen
yaqen.canteen@gmail.com

:D

Hye kawan2 kat sabah,kepada sape yang berminat atau nak belaja elliott wave and gain more knowledge dalam trading strategy bley la contact saya untuk maklumat lanjut .salam..

Currency Trader September Issue

download here ! right click save target as / link as (mozzila)

enjoy..

al yaqen

EurJpy update

Instrument = EurJpy
timeframe = 1 hour
currenct wave = correction wave iv inside wave 3.

comment
Focus on upcoming weakness to below 149.27.

Shorter term, while 153.89 support is intact allow for price to exceed 155.93 possibly carrying towards the low 157s before downside resolution takes hold. If price breaks down from around current levels tho', that is very acceptable to me

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EurUsd update..

Instrument = Eur Usd.
Timeframe = 1 hour
Currenct wave = correection wave 2.possible retracement or last support at 1.3429. Eu will rise up to wave iii according to possible wave , alligator and Ao.

Trading idea.
Buy on dip when EU make a retracement. Or pending on top of wave 1. with target profit as i shown on figure above. top of wave 1 is 1.3546. follow the actual trend,and find the best entry.

good luck

al-yaqen
yaqen.canteen@gmail.com

gbpJPY coming kring kringg

This is my possible count for GJ. Just completed wave iv in few minute .. so crazy. Seeking the bes entry for selling GJ nyam nyam...

current trend - downtrend
acceleration - quite fasting
how to tackle - snipe using fractal or snipe using m15 .

market bottom at nearby level

eu possible to perform inside diagonal

EU try to perform wave V

5 wave structure should be occur for this movement. shut up again and see what is possible movement.

GBPJPY big fish.

just shut up and see what is possible movement. I prefer bearish for GJ. good luck and fly safe

Higher, but approaching a top

Key Levels: 1.3725 top of wave i


Anticipate still higher prices.

I expect additional upward follow-through in a series of fourth and fifth waves to complete the rally sequence from 1.3608. In the process a new high above 1.3853 should be established to fulfill minimum expectations, the complete retracement of the corrective setback from that high.

Al yaqen's
yaqen.canteen@gmail.com

Higher

GBP/JPY again..

Your august currency trader magazine download now.

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Interesting issue.

Global Markets
Beyond the majors: The exotic waters
of emerging-market currencies . . . . . .8
Some forex brokers are offering access to
more currency pairs, but you need to know
the risks associated with these markets before
you consider trading them.
By Currency Trader Staff

Trading Strategies
Short-term trends
in the EUR/USD pair . . . . . . . . . . . . .16
This study shows how often different runs
of consecutive higher or lower highs, lows,
and closes occur in the euro/dollar pair.
By Currency Trader Staff

Advanced Strategies
Minor currencies and
federal reserve trade weights . . . . . .26
A continuation of last month’s analysis
of the relationship between trade and
currencies undermines one of the basic
premises of the floating exchange-rate
system.
By Howard L. Simons

Spot Check
U.S. dollar index . . . . . . . . . . . . . . . .38
The greenback has recently established
all-time lows against many currencies.
Find out what analysis of the dollar index
says about the probabilities of the buck’s
next move.
By Currency Trader Staff

Higher?

Still no change.

GBP/JPY let's review

Resistance 2 = 243.75
Resistance 1 = 243.04

Im viewing the current wave as wave (B),GJ try to close at resistance 1, and goes to challenge R2. This rise in 3 wave and could be reverse at anytime.

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yaqen.canteen@gmail.com

EU - No change

EU no change. As long as wave (ii)/or support at 1.3608 is solid i lean toward bullish case. :D fly safe

alternation

possible count

Bottomed, HIGHER

In my analysis 1.3726 is the retracement area for wave (ii).It will be my pleasure if the next movement is wave iii. Already use fibonacci retracement and what i get is 4 entry point level 23.6,38.2,50% and 61.8. I believe this is retracement and not reversal.The rally from 1.3608 certainly looks impulsive. Given the three-wave corrective fall into that low I would view any setback as an opportunity against the low.

Al yaqen's
yaqen.canteen@gmail.com

heading to north ;)

This is the latest movement for EU . Ive got 3 trendline here the green one is for bearish support,and the black one is bullish resistance. The red one croos over from the bottom is a daily trendline. I think price will play around this trenline. If bullish broke the trendline God willing EU heading to the north with 5 wave sequence Up. Ready to cath wave 3 :D. I will mention from time to time. Thank you.

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yaqen.canteen@gmail.com

EU - Approaching a bottom, HIGHER

There is still the potential for a final dip toward the measured objective at 1.3600. With three waves down from 1.3853 to prior fourth wave support in the 1.3600 area I view recent weakness, regardless of how emotional it has been, as a correction. That means a rally to a new high is more than possible. A rally much above 1.3700 would bolster that outcome and a push above 1.3770 would confirm it.

Approaching a temporary bottom

Eu = tf 1h
This current bounce as a corrective affair should end at quite little if any above 1.3750, that is then followed bty a fall to a new low beneath 1.3697.

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yaqen.canteen@gmail.com

sha la la

Recently Eu just make a new low at this moment. I still anticipated the next wave is wave b or 2 and will touching at 23.6% - 61.8% fibonacci retracement area and finally compose the 1-2-3 wave formation to get a clear shortem downward. As i mention in previous analysis this is not a major downtrend according to Dollar index chart because if we look at bigger and biggest timeframe bullish still remain. If 1-2-3 formation occur it look nyce to swing until 5 [ (i),(ii),(iii),(iv),(v)] wave down. Sekian.

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I still contend that price will fall beneath 1.3756 :D

Short term focus is on a probe down to a little beneath 1.3756. i would rather see this occur down from the 1.3846 existing high for the move, but I do recognize an altenate that allows for a near term modest breach of 1.3846 before commencing the desired assault on 1.3756. (effect from PMI maybe)

trade idea.
Sell @ 3815 tp = 3788 sl 25- 30

Al yaqen's
yaqen.canteen@gmail.com

let see what elliott wave say's and my chaos said.

low-high-lower high ??

This is latest wave i found,possible move for EU.

no update for a while

recently EU was very choppy,ranging,consolidation,sideway. No perfect trend and nice entry point. I also loss 1 position @ Eu huhuh. Eu are in correction and perhaps going to 1.4 or 1.39. I draw my trendline at tf daily and weekly,what can i say bullish still remain and quite far to break the trenline.

happy trading to all..

ok i try..

Erm EU look to shorterm downward.by the way this is possible movement. Either bullish or bearish. Color box is just my imagine the possible movement.If price goes up and hit critical area box,bye bye bearish huuhu.. . The key level is the level if the wave is invalid. Because in Elliott wave - wave 2 cannot retrace move than wave 1. So if scenario like this occur or happen,EU still bullish. But i believe shorterm downward will coming. huhuh phew..

triangle again ?? wtf

triangle or diagonal triangle.. ???? wait for the next movement..

Short-term top and temporary downward correction

EURUSD (Intraday)
Posted On: Jul 16 2007 4:41PM ET
Last Price: 1.3785
















EU look possible to move around retracement area. 1.3814 is the top of wave (III) and formation of a short-term top and temporary downward correction continue to be expected. Look for a break under 1.3763 to provide better evidence that a correction is underway (initially toward 1.3700-1.3676), while the 1.3812 resistance level remains in place.

trade idea.
Wait for a sell signal from my chaos trading setup.

Al yaqen's
yaqen.canteen@gmail.com

heading to north.

EURUSD (Intraday)
Posted On: Jul 13 2007 8:56AM ET / Jul 13 2007 12:56PM GMT
Last Price: 1.3787























Topping on news, LOWER



Euro still heading to north. In this scenario I try to use channel to get a clear trend and absolutely price from 1.3761 was perform very nice inside the channel. The push from Retail sales data around 8.30 am gmt 08:00 is either to a thrust from a triangle or Diagonal triangle,both are terminal so it really doesnt matter. It is more complicated.

The five-wave advance from 1.3569 is either at in in the process of peaking. Upside potential is limited while the risk to the downside is growing. Just a correction of the impulsive advance shown would result in a return to the 1.3700-30 area or worse and if the rally from 1.3569 is a fifth wave euro might just return to the 1.3600 area.

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Follow the trend

EURUSD (Intraday)
Posted On: Jul 12 2007 2:15AM ET / Jul 12 2007 6:15AM GMT
Last Price: 1.3781
























Good evening and sorry for the late update,just woke up from my sleep. Im looking for a fifth wave to take prices up past 1.3787 and toward 1.3800-10 before five wave sequences from 1.3416 and 1.3569 are completed and a three wave correction begins. This view relies n 1.3641 holding.

trade idea
just follow the trend,looking for buy.

Al yaqen's
yaqen.canteen@gmail.com

Retracement among the bullish.

EURUSD (Intraday)
Posted On: Jul 11 2007 7:58Am
Last Price: 1.3751























Good morning everyone, Eu looking for retracement for wave iv but trend remains up as a five wave rally sequence from 1.3569 continues to unravel.

Near term from seemingly not all that much if any above this 1.3783 new high on day fully allow for price to correct lower in three waves towards 1.3702. A subsequent rise to another new high will then complete the larger degree five wave advance from 1.3569.

Today's Pivot Points:
R3 = 1.4039
R2 = 1.3913
R1 = 1.3842
PP = 1.3716
S1 = 1.3645
S2 = 1.3519
S3 = 1.3448

trade idea's
sell for a small tp :D peace

Al yaqen's
yaqen.canteen@gmail.com

prepare an umbrella before the rain ( Alt edition )

EURUSD (Intraday)
Posted On: Jul 10 2007 3:23PM
Last Price: 1.3620























Good Evening. A third wave run higher is still anticipated toward 1.3673-83, but prices need to remain above 1.3569, otherwise, the picture will revert back to a more corrective (possibly alternate wave .iv) posture and a test of 1.3542 would then be expected.

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yaqen.canteen@gmail.com

Faktap

Currencies Correlation

The following tables represent the correlation between the various parities of the foreign exchange market (forex).
The correlation coefficient highlights the similarity of the movements between two parities.

* If the correlation is high (above 80) and positive then the currencies move in the same way.
* If the correlation is high (above 80) and negative then the currencies move in the opposite way.
* If the correlation is low (below 60) then the currencies don't move in the same way.

The correlation index are calculated on the daily and hourly data. In other chapters of Mataf.net you will be able also to calculate the correlation of a pair compared to a basket of currencies and to study more precisely the correlation between two parities.

After i read all analyst,almost said GU bearish. Eu slightly bearish for medium term and Bullish for long term. What can i say here for this time EU and GU are not in the same way.as i mention Eu in wave C inside wave 2 (5) already hit 61.8 fibo line and hopefully price withstand above 3595 to endurance the actual trend.

Al yaqen's
yaqen.canteen@gmail.com

Higher, to above 1.3659

EURUSD (Intraday)
Posted On: Jul 10 2007 7:39AM ET
Last Price: 1.3620























[Higher, to above 1.3659]
Key Levels: 1.3565


As i expected the trend was consolidation yesterday. There is no change in the outlook for a push to a new high above 1.3659 in a fifth wave. It appears wave five is subdividing with wave three of five due.I still with my counting and still anticipate price advancing in five waves from 1.3569 to above 1.3659, likely carrying into the low 1.37s.

trade Idea's
wait until correction finish,still looking an opportunity to buy and slide into profitable wave :D peace...

Al yaqen's
yaqen.canteen@gmail.com

Price likely advances in five waves from 1.3569 to above 1.3659 and into the low 1.37

EURUSD (Intraday)
Posted On: Jul 9 2007 6:38PM ET / Jul 8 2007 10:38PM GMT
Last Price: 1.3625























Wave 4 look possible to complete.Bullish still strong for euro to complete the 5 wave up will coming to the next higher degree.

trading ide's
still wait and see.

today Pivot Points:
R3 = 1.3729
R2 = 1.3684
R1 = 1.3655
PP = 1.3610
S1 = 1.3581
S2 = 1.3536
S3 = 1.3507

Al yaqen's
yaqen.canteen@gmail.com

Dollar Index

Why US dollar fall ? click this picture to access direct to EWI lecture hall .. and jim martens waiting you inside huhu phew..

























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yaqen.canteen@gmail.com

Currency trader julai edition

Your July issue of Currency Trader magazine is ready to download!

DOWNLOAD HERE
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Attractive issue.

Global Markets
Shifting perceptions drive
euro/dollar action . . . . . . . . . . . . . . . . .8
After nearly setting an all-time high,
which way is the euro/U.S. dollar pair
headed?
By Currency Trader Staff

Trading Strategies
Comparing the majors . . . . . . . . . . .19
Comparing the day-to-day performance
of the major currency pairs provides
perspective on forex price action.
By Currency Trader Staff

Trapping the intraday range . . . . . . .26
Three market principles and a handful of
market statistics lay the groundwork for
a systematic-discretionary intraday currency
trading strategy.
By Igor R. Toshchakov

Advanced Strategies
Currencies and Federal Reserve
trade weights . . . . . . . . . . . . . . . . . . .30
Does a weaker dollar really boost U.S.
exports, as many protectionists argue?
By Howard L. Simons

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wacaaaa

EURUSD (Intraday)
Posted On: Jul 6 2007 3:07PM
Last Price: 1.3583




















[Bottoming, up to a new high]


What i see at this moment correction not finish yet, the larger correction scenario has proven correct. Allow for a dip below 1.3584 to complete a flat correction. (The alternative is further consolidation above 1.3584 in a bullish triangle.) The larger rally sequence is intact and I expect a fifth wave to a new high above 1.3659. Uptrend still the major movement for EU, maybe euro wanna test higher high along this 26 years. What you see and what you get adios.

trading idea.
buy @ 1.3608 tp = 1.3658.

Today's Pivot Points:
R3 = 1.3717
R2 = 1.3687
R1 = 1.3638
PP = 1.3608
S1 = 1.3559
S2 = 1.3529
S3 = 1.3480

Today's Calendar:
1- US Nonfarm Payroll 8.30 pm.

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