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

Sunday, October 4, 2009

EU the week ahead



from the weekly charts the previous candle seems to be closing below the doji candle formed earlier last week, this formation is a an evening star doji formation which brings about a bearish tone to the rally. with G7 calling out for stronger dollar it seems that Friday POST-NFP rally might be capped short. and the price action here might favour the USD.
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