[Soultrader]

Hello guys and gals,

I am complete newbie when it comes to Forex and currency futures. I decided to start watching a few pairs to get a hang of it and perhaps find some good opportunities in the near future to trade.

I have a few questions. First I would prefer to trade currency futures. What pairs are recommended and what are the symbols for Tradestation? I pulled up a Japanese Yen chart with the symbol @JY. On the cme website it states that 1 point is equivalent to $12.50 per contract. Would a move from 0.84 to 0.841 be equivalane to 10 points or $125.00 per contract? I noticed that the liquidit is extremely low for the @JY and just entering would lead to serious slippage.

Im starting off with simple observation and strategies using trendlines for perhaps a 1-3 day swing opportunity. (wont be trading them yet though) Any advice would be appreciated. Thank you.