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, June 4, 2009

4th June 2009 - Potential H&S pattern in EU

The close yesterday was kind of bearish for EU with the formation of an almost bearish engulfing pattern in the daily charts. Here we see a potential formation of the H&S pattern which signify a correction at the overbought area.
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