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, January 5, 2010

5th January 2010


seems like EU had found a bottom yesterday and managed to rally to the important resistance at 1.4450/47 area. For this correction what i see is depicted above in the graph.
levels to watch for :

1.4480 Resistance
1.4350 Support
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