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 28, 2009

28th April 2009

The EU is currently maintained in the downtrend channel as price rejected the upper ceiling of the channel. from the daily it had formed a bearish engulfing pattern. There was an unexpected huge fall yesterday during the US session. This bearish momentum might continue today. Current immediate support at 1.3000
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