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, September 3, 2009

3rd September 2009



still, the EU is stucked in a range from 1.4175/1.4200 area to 1.4400 area. The pair had been in this resistance area for quite some time. and any strong break above 1.4400 will challenge the high at 1.4446, breaking the latter clearly will renew fresh buying interest. on the downside, immediate support is seen at at the 1.4200 region, breaking the latter will expose maybe 1.4050 in near term.

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