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nycderivtrader, Instead of entering a position with full size, have you ever considered legging into a position? Also as the move goes against you, start legging out to help minimize losses. and remember, you can always re-enter the position if your signal is still valid.

Great question. Just wasn't happy with the way the pairs were acting. Also covered second unit at 1.1951 as cable broke above 1.7882. Still holding one.

Check that, covered one at 1.1951 due to spread.

Shorted 3 units Eur/Usd @ 1.1961 because I had it up against trend line resistance and Cable could not break 1.7878. Looking for the cross to break .6680 south. I've already covered one unit at 1.1948 for no reason other than impatience.

Trading System: Fairly simple combination of tape reading, trend lines (4hr and 20 min), and behavior btw majors and crosses (looking for leading indicator eg. Eur/Gbp breaking support, Gbp/Usd weakening, short Eur/Usd.) Also I use the 3:2:1 system of entry and adding to positions. - Read...

Hey Baruch, Found this on forextv and wondered if it meant anything. Great journal, hopefully I'll be able to add something relevant now that I'm able to stay awake for the European session. Lots and lots of Java. CME And Reuters Announce FX Futures Trading Link02:42 EDT 05/24 LONDON...

I think the visual trader platform at www.cms-forex.com will allow one to auto trade. Also they have a decent charting package. Just be sure to do your due diligence. Robby

Yea, I'm trying to move to longer time frames and larger moves, but the scalper in me is having a hard time letting go. Trading limbo is no fun. I think it was Waggie that had a post linking an E-book on the Phantom of the Pits. IMHO a great read. Once again nice call at o' dark thirty. Robby

Mr. Dogg, Welcome back. You have got to be loving the employment numbers. Nice call.

Good morning gentlemen. I've enjoyed reading your posts. Wish you both the best of luck. It's 0 dark thirty here and knowing that others are working at this hour helps a lot. Thanks. Hope you are feeling better Mr. Dogg

In preparation for the next BOJ/MOF intervention, I just ordered a five point harness and a HAHNs device from Jegs.