Have you seen Boris Schlossberg's new book, Technical Analysis of the Currency Markets? If you have not read it, you should. It's one of four books I recommend to every currency trader, and it is not like all the other books. There are insights in this book that you simply won't find anywhere else.
Boris is a friend, but that is not why I am recommending it to you. He is the senior strategist at FXCM, he is a brilliant analyst and an accomplished trader in his own right. He practices what he preaches. He knows his stuff. Here's a link to the book:
There is a section on alternative methods for stop losses that is worth the price of the book alone. I hope you'll read it!
