Potential Set-ups for Coming Week 14th Feb 2011

USDJPY

i am looking to go short for a wave 4 - i will monitor price action Monday and potentialy get a retracement to 83.50 for an entry prior to London open.

GBPUSD
Potential long set-up around 59.30 to 50 area fib support and ABC correction - assuming it as a 3-3-5 sub-wave correction. Wait for new lows and divergence on price/momentum for an entry.

Update :- Never made a new low so I didn't get in this sequnce - ran up nicely though