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.

18 jan 2010 / 10:18pm

Comment: i believe strongly that the market is bias on downtrend. as per my counting, wave is about to perform wave C to complete the corrective pattern. So samurai,lets swipe down!!!..otherwise, we could see the bullish pattern when it started to hit critical bearish line 1.

comment: as per above counting....

RSI H1 < line 50 ..................sell strong
MAE 42 > MAE 14 in H4 .......sell set up
MACD indicates strongly the downtrend pattern .........the supportive trend.

the price is expected to hit the next TP @ 154.530 after the minor retracement of the subwave completion. If this trend getting stronger the next expansion of wave will hit 150.822(fibo.-23.6), while the new wave ocunting will be re-established.

Alt.count: Or else if the moving average lines
(i.e MAE 14 > MAE42) in H1, carefull for any trend reversal pattern.