Thanks SG. I'll make that adjustment. By the way, my futures spread analysis looks very promising for pinpointing mid to long term trend changes. I pretty much nailed the top in oil and the bottom in the dollar (for the moment).
Based upon what I have seen so far, I think I will place the bulk of my 4x capital on mid to long term trades and use a small % to scalp, until I get more proficient.
When you look back at the EUR/USD, USD/CAD, USD/JPY, long term trading was hugely profitable. I'm especially focused on identifiying trend changes favoring the NZD/JPY or AUS/JPY on a mid to long term basis since the additional interest you can earn on these carry trade pairs is sweet.
Even if you only find one occurance a year that lasts 3-6 months, with 100 or 200/1 margin, the interest alone could be sizeable. I'm still trying to tweak/quantify the futures spread trend relationships, but I like what I see so far.
We are off to a good start SG, on this 4x gig, and 2008 should be a very promising learning curve advance. I wish you and yours the best and appreciate all the effort you put forth to help everyone. GL, have a great Christmas, and be careful over the holidays. Max.