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

Thursday, April 16, 2009

16th April 2009


The EU is still supported by the daily lower trendline. We see a potential formation of the inverted H&S in H4 chart with the strong support at 1.3100/50 area. If price manages to stay above this area, a possible bull rally might kick in. Violation of this strong support will send the pair lower.
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)