The Secret of Successful Trading

"Successful traders have a larger edge and better money management than unsuccessful traders. Unlike popular belief however, this study shows that the smaller edge of successful traders is not the cause of their failure. Traders' failures can be explained almost exclusively by their poor money management practices."

"The Secrets of Successful Trading", Fernando Diaz

Tuesday, March 17, 2009

17th March 2009



The EU is still in the uptrend channel and the swing low and swing high yesterday was seen clearly to be bounded by the uptrend channel. today's level to focus would be :

Resistance : DR1 & yest. high (1.3070), WR1 (1.3040), MR1(1.3008)

Support : 50% fibs 1.2950

happy trading !
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