Dynamic Trader Forex Blog FXCPS.co.uk: Kiwi over ripe

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

I did warn last night that the G20 + NFP today Friday is a combination not to trade. Look what happened today with all these leaders trying to correct the world, Euro reducing their rate by 0.25% and the Dow Jones going into orbit. I know we want some volatility however at the current rate, we are better waiting till Monday.

Take time to analyse any of your recent trades, read a book or rewrite your trading plan.

Those that follow me on twitter would have got a number of twitters today as the NZD rallied through various resistances and finally turned down at 1800hrs GMT. Stochastic s and MACD support this turn, but for how long ?

Have a great week end and be refreshed ready for Monday night. I look forward to speaking to you on Sunday night and thank you for all the kind messages of support that Javid passed me, makes it worth while when you hear others are benefiting from the blog. Thank you

Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst