Monday, December 22, 2008





Pref.Count: Due to furthered downtrend recently, new counting has been established. As per the chart, "wave 1" is in progress.Target of the day is 135.91 or 137.30 in expansion. Basically as per the fibo calculation, wave 1 is expected to end at 140.71.

Alt.Count: Any downtrend is major wave 5 in expansion.

Comment: RSI located above 0-line while supported by the smac-d pattern for the moment. Currently im waiting for the interception of moving averages (MAE 14>MAE42) to confirm the trend.

Friday, December 19, 2008



Pref.Count:At this moment of time,i dont see ant clear biasness either bearish or bullish.Further down of price is wave a in expansion.My advise is just look out for any good set up after all indicators are supportive each others.

Comment:For the moment,smac-d in H1 indicates bullish...but doesnt supported by other indicators.RSI = line 50, while moving average still showing bullish trends.Im waiting for the MAE14 to cross MAE 42 in 30mnt tf,while get the confirmation either from the RSI or smac-d.

Wednesday, December 17, 2008



Pref.count: Its been a while i didnt update my counting.There's a humors saying that december isnt a good month to trade.Well for me its depend on how do we manage the trading.But for sure the spreads would be uncertainty.After looked through previous performance, i can say "wave a" hasnt completed.For the day, price will goes up hit 143.15 where "wave a" is expected to be at 145.58 or 149.33 in expansion.

Alt.Count: If only price highest at 138.89, price falling will perform "subwave iv" with the target 137.62 or 135.71 in expansion.

Comment: (Bullish bias).RSI > Line 50, Smac-d strongly indicates bullish trend, while moving average in 30mnt/h1 tf, (MAE 14 > MAE 42).

Friday, December 5, 2008



pref. Count:Due to current situation, i have established a new preferred counting. Until this moment, i dont see any clear entry indication either buy or sell.But, based on my counting, market still in bearish trend, where im expecting the graph will falls with target 133.49 or 128 in expansion to perform expansion "wave 5".So what basically im waiting for is a good set up to sell before expecting major bullish reversal.

Alt Count: Wave 5 might has been completed.So watch out for any major bullish signal from the indicators.

Comment: Smac-d indicates bullish trend with no other support from RSI and MAE.Currently, MAE 42 > MAE 14, RSI < line 50, indicate bearish support.I can conclude, there is no supportive indication either for bullish or bearish.


Pref.Count:At this moment of time, i cant see any clear indications towards trend biasness. According to my preferred counting, Im expecting market will perform downtrend to complete "wave b" before expecting any major bullish for new "wave c" progression.But, i dont enter any positions yet,since most of my essential indicators contradicting each others.So,i might gonna scalp for any clear opportunity either buy or sell..hahaha..but i dont expect any big pips.

Comments: At this moment of time, trend has shown by the smac-d (bullish),supported by the RSI which is almost retrace line 50.But the moving average seems like far from any bullish indication in 30mnts tf. Anyway, validity is upon supportive indications of them.Im waiting for the real validity of RSI>50,and confirmed by the MAE itself.

Wednesday, December 3, 2008



Pref.Count: At this moment of time, i can say that the market bias to bearish trend.What an unlucky for me, I have closed all my sell positions.Im looking for any good entry set up from the indicators to come in to the market again (sell).

Alt.count: Any bullish trend will be supported by the moving average once it has crossed each others (MAE 14 > MAE 42).No clear target to see this trend end at.

Comment: RSI < line50 (tf. 30mnt), Supported by the smac-d pattern (as per the chart).

Tuesday, December 2, 2008



Pref.Count: Due to the validity yesterday's counting, i then decided not to post any counting during this morning.For the moment,im waiting the price to finish completely "subwave b" before expecting great bearish again to perform subwave c to comlete major "wave c". I do have some buy positions but i dont expect of any great pips to score.

Alt count: Any further bullish will be known as "expansion subwave b" which the target is 142.58 or 14.21 in expansion.

Comment: RSI < Line50, Supported by the smac-d pattern (bearish).

Monday, December 1, 2008


Pref.Count: Apparently i cant see any divergence produced to indicates that this bullish trend has ended. There will be 2 opportunities of the day. Im looking forward for any good set up to enter sell in the market with the target 143.86 or 141.64 in expansion.

Alt Count: Any bullish continuation is an expansion of "wave a".

Comment: Indicators of the day: RSI < line50, Smac-d Strongly indicates bearish trend, and MAE42 < MAE14.