Market Update

Hi friends,

Here is a quick update about my calls lately and what I think we should do with them.

1- NZDUSD – I was looking short this pair because of all the reasons mentioned but it pushed higher again. This trade failed and I will look for better opportunities. The risk/reward here was amazing and I definitely think it still worth to watch for next divergence to form. The short will be huge.

2- USDJPY – The pair did close below 94 and right now is traded around 92.7 I think we should take 60-80% profit and set the SL to break even. Final target is 91.40-50 range and not 91.2

3- EURCAD – I called a top at 1.3650 on one of my posts and right now it is at 1.3370. I think we should take 60-80% profits, break even the stop loss and set 1.3260 as final target.

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4- EURJPY + GBPJPY – I keep them based on investor’s style for long run of course.

5- DAX – I am still on bearish opinion and keep my short for LONG run.

The other pairs I will keep updated on my weekly review.

I wish you wonderful forex trading.

If you have any opinion/comment, please share.

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:

February 17, 2013 at 1:35 am

Hi Atilla

I would like to see what you see there, share with me screenshots by email please
Vladimir Ribakov says:

February 17, 2013 at 1:34 am

Will share my view this weekly review my friend :)
Vladimir Ribakov says:

February 15, 2013 at 4:56 am

Hi David,

I will talk about that on weekly review, I think down, but it's tricky now
Vladimir Ribakov says:

February 15, 2013 at 4:56 am

Yes me too, but profit all other :)