"There is only one side of the market and it is not the bull side or the bear side, but the right side."
Thursday, February 26, 2009
Wednesday, February 25, 2009
Tuesday, February 24, 2009
Monday, February 23, 2009
Friday, February 20, 2009
Comment: Hehm..for the moment, it is really hard to determine how strong this bearish trend movement after the divergence.In 15mnts TF, MAE 14 is above MAE 42 indicating bullish.While in my main indication, TF H1, the moving averages interception is indicating the trend (bear, while the smac-d indicates the opposite.Well, of course my preferred counting as per the chart.Anyway, market is uncertain and we cant never determined the market movement, but what is indicated is what happen.Happy weekend!Happy trading!
Thursday, February 19, 2009
Comment: I never experienced this type of bearish divergence pattern.But, i believe that this is a major divergence to end this bullish trend.The only alternative count is, maybe this pattern hasnt completely finish.My strong prediction is price will fall to 130.25 or 128.12 in expansion. Please refer to my chart to see the alt. count for this pattern.
Wednesday, February 18, 2009
Monday, February 16, 2009
Friday, February 13, 2009
Comment: Opss...i almost didnt realise this pattern.Its a bullish divergence...therefore..im counting a new pref. counting.Examine yourself through my charts above.Good luck!!!p/s i missed my chance closing 1100pips yesterday.When i open my account this morning..its only 540pips left to be closed..huhuhuhu (unlucky me cant online 24/7.Besides ive forgotten t0 lock +750pips SL.what a pity).
Wednesday, February 11, 2009
Monday, February 9, 2009
comment: Im posting an alt. count due to the current market performance.What is exactly the market performing?well, let just see what the indicators say. Currently, RSI is above line 50, while moving average lines in 15mnts timeframe, MAE 14 > MAE 42. In my opinion., if the market cut bearish critical line @ 137.38, there is further expansion of divergence line. Target 139.45 or 141.62 in expansion.
Comment: What we just saw is minor bearish divergence. Usually there will be two incidents that might happen.First, market perhaps performing sideways before ended with bearish trend, and second market perhaps straight away performing downtrend as the impact of bearish divergence. So for those holding positions, carefull for any reversal pattern, or minor bullish pattern. If im expecting, market perhaps will go down to 130.32 retrace 38.2% fibo. retracement, or 128.04 in expansion.
Wednesday, February 4, 2009
Comment: i believe market still performing major bullish trend.I dont see any indication of reversal pattern.i.e any divergence to end this bullish trend.Wait for any good set up to enter buy into the market again.Those who still hold buy post, good decision.so be careful for any changes in the trend..perhaps...since for the moment i dont see any good set up yet to buy again!As per the picture, my preffered counting is bullish with the target132.63 for the day..or 137 in expansion.
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