The beginner's guide to FX trading
4 August 2014
Last 0.8526:
Working higher in corrective wave 2; targeting to 0.8600. Next key resistance at 0.8548…n/t swing support at 0.8494…a rally here will likely give us a better place to sell NZD/JPY…stay tuned.
I have learned through the years that after a good run of profits in the markets, it's very important to take a few days off as a reward. The natural tendency is to keep pushing until the streak ends. But experience has taught me that a rest in the middle of the streak can often extend it.Marty Schwartz