Archive | March 14, 2011

EURUSD Posts 4-month High Settlement

The Euro continued last Friday’s recovery rally by challenging the 140 level, putting itself into a position to re-test the 2010 highs at 142.80. A strong yen lent stability to the majors as the Bank of Japan’s actions in the face of the horrible situation there continues to remind traders that as bad as the [...]

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Trade Management, Less is More

Once you have chosen the market to trade, done your analysis, and are in the trade, you can feel free to relax, even walk away… once you’ve placed your stop. The only time you should need to be “on the screen” to make a decision is on the close of the candle for the time [...]

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