I've been expecting a long break out for a few weeks - If price breaks and gives us an entry setup we could be in for a nice long trade.
Forecasts will be updated as they develop so remember to follow to receive them. You can also follow updates via twitter
Always wait for an entry set up before risking your money.
This is not investment advice - it is purely for educational and discussion purposes. Your Ideas, comments and questions welcome
Good luck Steve
Komen
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So far we've had a couple of breaks up only for them to come back down. if your strategy is to trade these small moves then you could have had a nice trade. I'm trying to catch a big move up so I've been stopped out for zero
Komen
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Guys my computer crashed and I wasn't able to update my forecasts. I'll catch up this week. I missed this fantastic long trade which I had been waiting for. Price pushed a bit lower and then we had the nice move up. I hope some of you caught it and made some nice money. This chart is finished now so I'll post a new forecast tomorrow
Komen
Najib13th
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is 138.87 is a good price to re-entry?
SteveNixon
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@Najib13th, I would be very careful of picking a particular price level for an entry because price could push on through it. I would wait to see where it turns and then look for a good entry point. Hope this helps. I'll post a new forecast for this pair shortly ( ie with in 24 hours)
Najib13th
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@SteveNixon, thank you!will follow you up and hope could learn more from you steve!
Ron77
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Hello, It's still valide ?
SteveNixon
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@Ron77, Yes - we just have to be patient. Sometimes you have to make several attempts to catch a trade. The following chart will show you why it's still valid. We are in a correction of the previous huge impulse