You need proper informationRule number one - never trade...

You need proper information

Rule number one - never trade currencies in large amounts - I have given warnings on this in Novemeber due to thin markets; trends run further than normal. Technical analysis and trading systems are useless.

Rule number two without a system and money management you are doomed

Rule number three without proper information [and yes you must pay for it] you're in the 95% of traders that don't have a clue what is happening in the markets. Where the bids and stops are on interbank platform is a great tool.

But you don't need the interbank platform; a service used by market professionals that provides live reports on interbank activity like IFR.

Take all analysis on the net with a grain of salt - they are as clueless as both of us.

http://www.ifrmarkets.com/home