{quote} In the us a retail trader cannot hedge a the same Forex instrument. I am biased bear on the euro, but I can usually still make money when it goes up by staying out of it, and going with the Aussie. (not always, but usually). tonight. the Euro has been in flight (return to mean), But the Aussie has hit my target. When the Euro turns around (some day, my love will come!), I will switch back to it. Keep your positions small, your stoplosses long (Think how long can you carry this position before you HAVE to close it) and use sell stops...
some brokers offering work around , with spot could be hedge with CFD
(law is there to brake
)ps :, i will not respond to hedge topic any more
Mohan 
, previous was good 
