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MICHAEL MARCUS, GOLDEN RULES for TRADERS!

1) "Perhaps the most important rule is to hold on to your winners and cut your losers. Both are equally important. If you don’t stay with your winners, you are not going to be able to pay for the losers".
2) "Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach".
3)…
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great video!!!

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EURusd

Before us a series of important data which the market awaits the eagerly ..Personally I believe that the data on the USA market somewhat fail, so what are traded on the strengthening of the pound against the dollar .. I consider based on the forecast of the euro should strengthen in relation to the cad ..
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Daily sumarry, 02nd of January

Today we have seen that the common currency broke 1.37 level, stopping only in the vicinity of a local minimum of 20 December 1.3625 .
We have seen also big pressure on CHF which has lost to all majors and about 90 pips agains USD. Probably the reason of USD power ware better then expected readings from US especially GDP and Chicago PMI which rose above 60.
The weakening of the euro and weaker -than-expected PMI reading morning for Polish industry also created pressure on Polish currency .
EURPL…
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