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, June 2, 2009

2nd June 2009

EU seems to have reached one of the prominent support for the downward correction at 1.4100. If this level were to be taken out the next support at 1.4050 would be targeted. A solid bounce from this area might give the pair another chance to touch the high at 1.4230.
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