FOREX end-of-week update 24-28 Aug 09

Trading longer term definitely have it advantages, the charts that you analyse to look for opportunities to trade are filled with less noise that reduces the chance of you being fake out. Though you may not always be correct, at least the fake out are reduces significantly and success rate would be higher, which in term will result in profit on the long run. Having attended a few seminars and workshop, a few more to come, I understand my trading plan and method better and is able to make better decision and being selective about my trade. Attending seminar and workshop definitely helps, not forgetting researching and self-studying (reading) helps too. It's just about which way works better for you. ;p