Clarifying the 5% Money Management Rule
One of the key components of Money Management is the 5% rule. That is, never put more than 5% of the trading account at risk at any one time. The rationale behind this is that when we have losses...
EUR/GBP Moves to .618 Fib Resistance
The EUR/GBP has historically been one of the pairs that historically contains less volatility and is known to develop into trading ranges. Currently the 2011 high resides at .9082 foun...
GBP/AUD Moves to Channel Support
The GBP/AUD currency is an exotic currency offering song trends and many opportunities for technical pattern traders. While the pair has been trending downward for most of 2011, today ...
