[Anonymous]

* Currencies have the highest propensity to trend of all the markets. Unfortunately, that does not mean they are easier to trade. Nor does it mean that they always trend. It simply means they tend to trend more often than all the others, and when they do trend they tend to trend longer.

* Technicals work well in currencies, when used correctly. Which is true of all markets. But if used to define trends rather than pick tops and bottoms, technicals do work well. I don't like indicators myself .......

* Tick volume only in a lot of cases with spot currencies. You would do better to trade currency futures for constant volume candles.

* 24 hour spot market, but the best hours do put a crimp in your day. The European open is important as is the New York session.

* Some brokers will widen the spread prior to and during news releases. I hate this and it is one reason I am moving to the indexes. I would suggest making sure that the broker does not do this, if they even exist. Not to mention you might not get your stop honored.

* A lot of brokers frown on scalpers, at least that is the story. If you are a in and out 20 xs a day looking for 3-5 pips, you might have to beware.

* You can't beat the leverage offered in this market (spot FX) tho.