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, April 14, 2009

14th April 2009

The EU turned bull again today trying to break through the major resistance at 1.3330/35. The H1 graph already showed a confirm pierce of the resistance. If the price can manage to stay above this level then we might see a bull run in the making, else if price breaks below again and goes beyond 1.3100 then we might see EU tumble.

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