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):
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/
A winning trade feels good. A series of winning trades feels even better. Confidence increases.…
The Forex and commodities markets are entering an interesting phase, with renewed inflation concerns, expectations…
Central banks do more than change interest rates. They also influence financial markets through the…
When traders first learn fundamental analysis, one of the easiest assumptions to make is: Good…
When you open a Forex trade, you may be focused on one thing: Will price…
The Forex market is open around the clock during the trading week, but that does…
View Comments
Hi John
Thanks. Yes there is M&M for that of course and some extra tips that improve the trading!
Vlad
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