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

Wednesday, March 4, 2009

4th march 2009

The EU was trading in a range from 1.2680 and 1.2520 yesterday. The upper trendline still holds which signify the bearish momentum is still with the pair. key level to look for would be the
1.2600 psychological level, 1.2630 the gap and also the high of 2nd march and also the high of the gap and the high of yesterday at 1.2680

happy trading !

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