I have read a lot about all the technical stuff (Lien Schlossberg signal) but in the end they all point to the same obvious patterns or lack of in the graphs to a trained eye and off course the macro-economic factors of the affected countries. I really don’t care much about how much pips I loose in the difference pairs, but how fast I can move to come out with a net gain ($) at the end of the trade. I think FX is like chess there is no definite formula for constant wins. So why bother with all the excessive material out there about how to succeed in the FX market. It brings me to the highly acclaimed idea of hedging the same currency pair, what good is that for a trader if when he close his short position and leaves his long position open at 8.10am for instance is the same as me that took a look long position at 8.10am on the same currency pair for the same amount.