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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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