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

Wednesday, March 24, 2010

1.3450/30 support seems vulnerable in EU


with price edging closer to the support near the 1.3450/30 area, the pair now trades heavily near the important support. bounces seems very limited to the upside. Support will mostly likely be tested today it seems.
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