Comment: right at this moment it is not really a good time to enter the market. I expect wave going to perform minor triangle pattern before market goes down again. It is a major downtrend. Fundamentally, i believe yen will not overbought by this week. lets expect something big happen right on monday.
"There is only one side of the market and it is not the bull side or the bear side, but the right side."
Wednesday, March 24, 2010
Comment: right at this moment it is not really a good time to enter the market. I expect wave going to perform minor triangle pattern before market goes down again. It is a major downtrend. Fundamentally, i believe yen will not overbought by this week. lets expect something big happen right on monday.
Monday, March 22, 2010
Comment: Yen has been oversold out of BOJ operation. I have closed some of my short position, expecting bullish set up, as i believe sooner or later yen is getting expensive. According to my counting, wave B is completed, and we are going for wave C, whether truncated C or some longterm wave performance.
Thursday, March 18, 2010
Tuesday, March 16, 2010
Sunday, March 14, 2010
Friday, March 12, 2010
comment: i see that imperfect bearish divergnce yesterday. i even get tricked by that trend dance...huh...few pips gone like that. anyway, i believe market is performing uptrend making double top so that bearish divergence is just perfect for sell set up.
i learnt something over yesterday market....that bearish trap is just make me sick...
huh...huh...
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