Hi Everyone,

Welcome to the two new subscribers over the last 48 hours...I hope that you guys bring some continued volatility similar to that that went with the FOMC yesterday.

I hope that you traded safely yesterday and made a few pips.

From my perspective, because moves were volatile, I scalped but did not post any set-ups apart from adding:

RT114
EUR/GBP
Short at 0.8050
Stop at 0.8090
Limit at 0.7800

RT108
I also amended my NZD/USD entry level on RT108 from 0.8750 to 0.8780 to cope with the NZD GDP data release. I have moved just a minute or two ago the entry level back to 0.8750.

I did not feel that I could scalp trades and then post to twitter  entries / stops / limits etc  effectively due to the fluidity. I tried to tweet as much as I could about what I was thinking and what in particular was attracting my attention. A few weeks ago I had a conversion with one of you guys about what I should tweet when entering trades.

RADAR and FUNDAMENTAL TRADES are easy as I state entry and both exit levels and should I cover early I advise.

I am thinking that I should set initial trade guidelines for FLASH TRADES, along the lines of 30 pip stops and 50 pip limits. Why I have not done this is because of position sizes. I do not want you guys over-strecthing your risk just because my tolerances may be greater because of my account size. Some of you will have greater risk tolerance than I have because I know one or two of you trade much larger broker accounts than mine. Everything is relative, but I have so many part-time traders I am conscious that I do not want them to be over-exposed.

Let me work on it over the next couple of days and if we have a set pattern of entry. After the trade is placed, I can then come back after a few minutes and revise the stops and limits.... I think that this would certainly make me more confident to get you guys in more trades that I do and hopefully drive a bit more income.