Hi friends,
For some time I am shorting the pacific crosses, like the EURAUD and GBPAUD, as investment. But with the prices going up, the picture is getting cleaner and clearer – for long term, we are going UP!
Nothing is moving without cycles, so I am still in the opinion that a great correction is ahead of us. Still can’t point exactly on the level for that to happen, but once it does, soon, 400-1000 pips down should come. After that, say bye bye to these crosses.
That’s how I see the things (Click to enlarge):
I know that now I might sound like a dreamer 🙂
But let’s talk again after the moves happen 😉
Wish you wonderful trading
Yours,
Vladimir Ribakov
The first week of July has already delivered significant volatility across the financial markets. Following…
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of July…
Wall Street's main indexes rose on Thursday as a softer-than-expected employment report for June tempered…
Hi Traders! USDJPY short term forecast and technical analysis is here. We do our analysis…
Hi Traders! NZDUSD short term forecast update and follow up is here. On May 6th,…
Hi Traders! USDCHF short term forecast and technical analysis is here. We do our analysis…
View Comments
No my friend
I said I expect down move to come, then to continue up again
Always :)
Yes sir
I agree with the numbers pretty much, that's why I think correction, then up again
explanations on weekly review
Hi Denis
The built one is different from the one I use. Email me, I will send it to you
Vladimir.ribakov@gmail.com
Hi Theresa
That's exactly what I talk about on this weekly review. I still see good correction before continuation to the up side.
Hi Antonio
Will talk about that in weekly review
Hi my friend,
Explanations in weekly review :)
Hi Nick
Yep, I think 1.40-1.44 max before the drop, and then up for long term