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For all true patriots http://www.cafeshops.com/thewhitehouse/32519

There was a comment from someone on Oandas message boards about some slippage they had if you want to look it up. Oanda did give an explanation about how in such a volatile move slippage may occur in an order. To combat this tho, Oanda does let you specify price bounds. So you can specify...

-------------------------------------------------------------------------------- Why do you think 2/3 of world currency reserves are in dollars? -------------------------------------------------------------------------------- because the US is the largest net importer of goods, by far...

Im not pretending to be a guru in world economics, but, if there was no issue in what the currency oil is purchased in, why would pricing in other currencies be even mentioned or thought of as an issue to be considered? Why did Saddam accept Euros instead of USD? Why has OPEC considered it, why...

Foreign to who tho? Its only foreign to the US...im not saying it will/wont happen...but, it makes a lot of sense for someone like Russia to accept Euros instead of dollars for their oil. Aswell as OPEC. Unless the USD regains a lot of its lost strength the price of oil for America can not...

If you could indeed purchase oil in any currency I dont think there would be an argument about whether or not to allow sale in Euros also? All the articles I have read on the subject, including the couple I posted suggest that it will have a big impact if it ever came to pass as you DO need the...

Oil is one of if not the biggest item that every country needs, and its not the direct trade of oil between the US and other countries, but the fact that oil can only be bought with US dollars...thus, any country needing oil (i.e. every country in the world) needs a huge supply of USD to...

Baruch, when you place trades in multiple pairs but all against USD Do you have a set size you normally use and break it into equal amounts for each pair? i.e. each of the pairs today were moving in sync with the fall in the dollar thus while overall movement may differ to some degree, their...

Well I like to keep a smaller MA to assist with the 50ma, but, didnt want too small as I found too many false signals, so, basically its just a number I pulled out to be close to my 50ma. Nothing major about it really...I just like to use it as a slightly faster ma than the one i use to trade of...

I use trendlines a lot, stoch, and also 50MA as my main Bread 'n butter...I overlay fibs, supp/res, 34ma and 100ma aswell. I do have a system, but, its not mechanical...it gives me trade indications but I use judgement on whether or not I take it/precise entry point. I dont use set stop sizes...

Forgot to mention in last one, yes I add to winners too, if I see an entry point in a smaller time frame from where I made my initial trade e.g. trade initially executed from 4hr charts or so, then another entry into the trend appears on hourly or something.

I agree with Scientist on adding to losers/scaling in...sometimes I take a trade but perhaps the R:R isnt as high as I would like, so I use smaller size initially, then if it goes against me but still looks a good trade overall I will add to my position, keeping the same stops and my R:R...

Many times ive pre-empted the movement in ForEx and entered a trade rather than wait for a entry point in the fear of missing a trade (Greed). This has led me to enter too far from a "stop zone", i.e. somewhere where resistance/support is give/take some movement for spikes. That leads me to...

What kind of stops are you using Scientist?

I suppose the media in other countries, esp the US are not manipulated at all?

You are doing very nicely I must say! Regardless if your unsure of your exits currently, over time you will gauge things and perhaps find something to give you definate exit points. Regardless, wouldnt moan too much your making nice profits :)

Youve already made a few trades without confirmation, is this not against your rules?

Ive had my fingers burned a number of times now due to interventions throwing the market in a blink of an eye, as it stands I now limit any trading I do with the Yen.

Great chart, thanks for that, id plotted something out myself but not as good as this.

I think it looks a good trade, my only gripe with JPY is the bank interventions which make it defy gravity beyond all reason sometimes. R:R is good tho.