Is this the end of the fall?

Hi friends,

After the holidays break I am happy to back and share my views.

For now, I think GBPNZD is wonderful opportunity, and here is the reason why (Click on the chart to enlarge):

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As you can see, we have daily convergence, we have daily Band to Band move on Bollingers, and on 4H we have long divergence which is most likely building a bottom. I think we have to pay attention to 1.90, 1.89, 1.88 as potential retrace levels. 1.93 area (higher or lower a bit) is the first potential target and 1.96 + is the final.

So, time to trade forex and its first 2013 opportunities 🙂

I wish you wonderful day

Yours,

Vladimir Ribakov
http://www.vladimirforexsignals.com/

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Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.

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View Comments

Vladimir Ribakov says:

January 16, 2013 at 9:48 am

Hi John

Thanks. Yes there is M&M for that of course and some extra tips that improve the trading!

Vlad
Vladimir Ribakov says:

January 13, 2013 at 9:13 am

Hi John,

Not at all. LST is all about divergences, from A to Z. Pips carrier is for many different conditions. From the comments I got, LST is the system that the majority loves.

Vlad