USD/JPY bulls have been pretty resilient over the past week, resisting continued bearish pressure by hanging around the 103.50 – 104.00 area,
Well, I don’t think that I will be able to comment on that because in the last few days, things have been going the exact opposite of what I had been planning. For some time, I have decided to keep an eye on the USD movement and won’t be investing in any currency pair until I get an idea about which way it is going.
Predicting the market moves and making your moves accordingly is what your whole trading career depends on. It’s true that books will help you learn forex basics but your actual learning starts when you go live. So, you better start small and see what impact the market has on your investments.