Wednesday, July 15, 2015

forex forcast update

*today I will talk about dow jones industrial average which is  the controller, or indicator of The USA economy and all the world  economy , be sure  80% that dow jones is near end of  the long standing uptrend, I  expect that end  at  around   18,900 level, you can sell below that level by 100 ticks  and put a stop  loss above that level by 300 hundred ticks  and you can stay  because the contract will end in September i.e. you will have 3 month chance to stay in the position . 

**gold will reach the end of downtrend in about 2 
weeks, at  about 1060 per ounce, and that is a great 
chance to buy and put stop loss also about 300  pips 
below that level and it will go into along rally which I 
expect  to  rise above the historical high in 2011, plz 
 don't risk more than 1% of your account.
 why dow jones near the end, it is now in a side way 
move, and it must go above this sideway 
move  by a few hundreds of ticks and you must see my 
video on dow jones, to determine  what level 
it ends, the rally I expect to continue for 2 weeks.





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