Time to sit on the fence

Hi friends,

The market is being VERY ranging, spiking back and force same levels, playing in very narrow range.

The fact that many traders are already leaving trading for this year, and the fact many other are looking for fiscal cliff solutions are defiantly not contributing to the market’s volatility.

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I think that the best as for now will be to sit on the fence, and wait for the best opportunities to come. We do have the JPY as investor’s style trades of course.

While you sit on the fence, and not trading forex, enjoy this lovely song –

Yours,

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.