Hi friends,

For a while, I am taking about investing in GBPNZD, for long term trade. Well, today, it crossed up the 1.85 level, a good reason for more bulls to come.

I think, that those of you who have missed the first train, should look to join the other train to come.

Buy every pull back, or what I call, buy the valley.

The targets for a long term holding is 1.96 then 2.06 – 2.10 range, AT LEAST!

Just a small tip, join AFTER the news that will be released in NZD today.

Enjoy the ride

Yours,

Vladimir Ribakov

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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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  • Hi Kris

    As I said, it's investment. Means - HOLD it :)

    I am selling that, JNJ, and Yahoo too, but all, for long term.

  • Hi Joe

    Yes it's correct, but I am talking about them on the long term, and if you remember I said few times UJ might reach 102-104 first, right? I said it many times

    But yes, the bottom line is that so far it still doesn't work. That's why weekly charts you don't 'trade' but you 'invest' in them... So far, I am clearly wrong with my timing, yes, but investment makes you be wrong for some time, then suddenly your investment works :)

    The technical analyses works perfect, but of course it's not 100% exactly as the fundamental isn't :)

    The tech helps us to find good entry. And when we deal with long term trades, sometimes they don't work as we expect, at the beginning.

    Remember when I talked about Apple? I said to sell it around 550$ and it went all the way to 700$, then, we all remember where it was.... So sometimes, that's what dealing with long term means.

    Vlad

  • No Joe

    If they both lose 100 pips for example, GBPNZD goes up. It's how it works

  • Stefaniak, who said they have to move on same direction??

    If GBPUSD goes down, and NZDUSD goes down, GBPNZD moves up, it's pretty simple

  • Hi John

    yes you did, and as I said, I don't think it will, but it really might. For me, it's all short term. Based on monthly and weekly charts, the higher, the WORSE

    I know that right now it's hard to see that, but time will tell it all

    Vlad

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