Japanesse currency time

Hi friends,

The JPY is being very weak for a while. Several days ago I suggested the AUDJPY to short it. The job done for the first target but the second target wasn’t reached and the pair retraced up.

Now, I think the JPY pairs are reaching the top again, and we are in front of bearish cycle again.

I will not share charts as for now, just will ask you to put some levels on your watch list, and I will update when right time comes.

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1- USDJPY – 80.30 – 81.1

2- EURJPY – 105-106

3- GBPJPY – 129.5 – 131.5

4- AUDJPY – 84-86

On these ranges, we will be watching for the divergence to complete, and we will attack the pairs when right time comes. So, put it on your lists, and stay tuned for updates.

Have a wonderful day

Vladimir Ribakov
http://www.divergenceuniversity.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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Vladimir Ribakov says:

October 27, 2012 at 1:01 pm

HAHA

Yes I am coming to Poland, and right after that to Hungary to hold seminars.

The things I put on charts are the best visual tools that really work, and yes you need to check that first before yu believe me. I am always ready for this challange :)

Have a great weekend

Vladimir