Some of you have suggested to me privatly, that it is better to trade this with a basket and dilute the interest in exchange for stable UPL.
If you take two or three pair to accomplish this with with 2 or3 minis...you can average the interest to see what you new net interest may be.
You then can take the percentage off of the AUD/JPY to equal the baskets yield.
Compare the two in a game account to see the difference in UPL.
Try this:
1 mini Long AUD/JPY 251.88% (1 mini)
1 mini Long EUR/AUD -183.85% (1 mini)
This is just a quick example, use the interest cow sheet and knock yourself out!
Compare to
1 mini AUD/JPY +251.88% (3 minis) try reducing this to get better UPL`
Michael B.
If you take two or three pair to accomplish this with with 2 or3 minis...you can average the interest to see what you new net interest may be.
You then can take the percentage off of the AUD/JPY to equal the baskets yield.
Compare the two in a game account to see the difference in UPL.
Try this:
1 mini Long AUD/JPY 251.88% (1 mini)
1 mini Long EUR/AUD -183.85% (1 mini)
This is just a quick example, use the interest cow sheet and knock yourself out!
Compare to
1 mini AUD/JPY +251.88% (3 minis) try reducing this to get better UPL`
Michael B.