My long position on the December 05 Yen has dropped about 2% since I opened it more than a week ago. If it doesn't come back up in August, what can I do to limit loss besides closing it right away? Can I do it an inter-month spread, say short either the September 05 or the March 06 contracts, limit my loss to the difference between the "initial spread" and the "final spread"? What would be the risk of doing that? The "final spread" becoming too big? Or execution risk where I will have trouble closing one of the positions? I'm new to this so any help will be greatly appreciated. Thanks!