27May,2009 Daily Analysis on GBPUSD

Good afternoon,
sorry to post late, because today I have few Business meeting therefore no time to go details on the daily chart here are the information would like to share with you,

Form the chart, I notice the wave4, is over and the wave5 is started.
0 point = 1.5058
Wave1 = 1.5286
Wave2 = 1.5115
Wave3 = 1.5943
Wave4 = 1.5776
Because I miss the morning analysze, therefore, I zoom into Hour chart,

From Choas Trading method,

Buy stop = 1.6007 +0.0004 +0.0001 = 1.6012

Stop loss = 1.5962

May26~30, 2009 Weekly Chart Analysis

Good morning and may God bless you,

Form the weekly chart is very clear that the down trend is over, what will be next?
It may be sideway, it may be uptrend, so we need to be more careful for this pair,
it is ok not to trade now and wait for clear signal, win less is always better than loss.

please followup the dailly analysis for your action.