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

al yaqen's
yaqen.canteen@gmail.com

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..

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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.

Al yaqen's
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