comment: its a little bit complicated to comment on the market right now. I see the image of bullish divergence that usually indicates the trend has ended, but im not sure whether or not that divergence is valid or not, as the big time frame indicating bearish trend. Is the market going to "wave b''? or the market performing a new bullish wave..i entered bullish this morning...if the trend is not valid at least i score the retracement pips. Hehm.......

comment: ops it was my mistake when i judge the book only but its title..im was seeing the smac-D pattern of daily time frame which at earlier it was supported by the trend pattern of wave continuation..but i manage to finally catch the signal of market down. Dow Jones index is really falls below low now ( -100.97 (0.97%). Well it was great last night when i score almost 120pips per position. Now, i am waiting for the retracement & and might come into the market again when it has started to create a journey to the first point of "wave b".

comment: Market is now in inconsistent situation. if you notice big time frame indicates strong bullish pattern, while minor indicators indicate market is going down.
what ever it is, i believe that market hasnt complete wave a yet. i am waiting for a good signal to climb up ti the real top point.

Comments: Good morning. At this time i am really sure that the market is now performing new wave trend. As per my counting above, wave is now towards wave b. That imperfect divergence which we've found yesterday really has ended bullish trend. Otherwise, if that daily timeframe doesn't indicates completely bearish then we could see the market might going up.

Comment: It is a lil bit difficult to analyze this market trend. I have to counting whether the market is performing subwave in major major wave a, or the trend has ended as i can see there is a pattern like bearish divergence produced recently. Whatever it is i have entered the market as you can see and hope this gonna a new bearish trend to make wave b in accordingly.

comment: Wait for bearish signal....nothing less to expect. This holiday season is really gives a real impact o the market...

comment: I believe market is now performing as per the above. i am waiting for any signal of end-trend. Watch out the multiple time frame signal indicators. we gonna find the minor bearish divergence at least or MAE perfect interception.

Comment: For the moment as we notice, we couldnt see the end of this retracement as i have come out with 2 possible counting of the day. Major trend as per Daily timeframe is still downtrend, where the graph is predicted to head down again to complete major wave 5 (big wave). Careful for any entrance made whether long/short is all depends strongly on multiple timeframe. Good Luck

Comment: Only yesterday we finally see the impact of the great bullish divergence. For me, what i can see the market is still in it major downtrend, it just i couldnt decide how far along this bullish divergence impact could be. I am preferably like to see market performing wave b and continue with the trend. Otherwise we could see the real effect of that divergence that might end up with a new wave counting. Whatever it is, just be careful as i still dont see any good signal to play in market now

comment: i don't see any impact of that great divergence which visible in timeframe H1 clearly. It supposedly to retrace, before market started to falls again in its major trend. Be carefull, signal is always there, wait for any changes made in a very timeframe's indicator. Just to clarify, i am predicting that market is in major bearish trend.

GBPJPY, 3.12pm 8/02/2010

Comment: as per my prediction, market is now still in major bearish trend. if we can see any divergence from 15mnt timeframe, that would indicates that market will perform minor retracement before it continue this major bearish trend..be carefull if you would like to take opportunity in catching this retracement situation.