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

Monday, June 8, 2009

EU update


As expected EU, made an effort today to test the support at 1.3850 and 1.3800. The pair managed to break through 1.3850 and found further support at 1.3800. A break below 1.3800 would expose 1.3734.
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