Interesting carry trade system

Hello Bill,

Yes I see your point. It makes little sense. But what about the fact that risk is spread between 4 currencies as opposed to just 2? How significant is that in your opinion?

Thanks for the chart man.

The effects of having it spread between 4 currencies is shown in the chart. Its all there.

I'll try to do the other two you wanted today. I'm trading and making those charts takes a little time.

Hmmmm GBPCHF doesnt quite give out that much swap, plus it has a large average daily range. Might not be suitable for this strat...

what different this system with just put your money on the bank and you will get 6% year. LOL

i wonder why someone interested with this system.
it's just martiangle, no more. what's new with this topic??????

to get 6% from swap .....we only need 0,13 lot usd-jpy with 1,35 swap, or 0,09 lot of gbp-jpy with $2 swap per mini lot in $1000 equity

Personally I could see merit in creating a system to trade a synthetic pair (GBPCHF) using the GBPUSD & USDCHF taking buy signals only to buy both pairs at the same time and collect the positive interest on both sides of the trade.

And GBPJPY & GBPUSD (third pair USDJPY) (buy GBPJPY and sell GBPUSD only)

Between the two combinations you should be able to clear $100 per month interest per contract with very little risk, AND benefit from the trades.

I will have a play around with a daily system to see if I can create a system whose trades cover the spread only, and enter during low volatility.

:surprised
wao, if we use 'ALL' of our equity we will get 2% daily . wao, that's very big. in a month we get at least 40% with this system. with no indicator, without thinking. anybody wanna use this system? it's really big idea!!!!!




P.S: calculate first

P.S2: think about spread and if trend goes against you (in your example:1000pip you'll bankcrupt(or take realistic : 'bcs trend is ussually have minor retracement' so "2000 pip down total in major with 750 pip up total in minor trend"

my muscle hurt.

Be nice

tried and does not work.

what you can do is simple :

1. buy NZD/JPY 0.5
2. buy USD/JPY 1.0
3. buy AUD/JPY 0.5
4. buy GBP/JPY 0.5

In next 4 trading days, collect swap and earning.

P/S : you could burn your account too..

There's a great thread I read about another related carry trade strategy that I've been following and have seen work here:
http://www.pfxglobal.com/index.php?o...d=136&catid=21

The system you are describing is greatly improved here.

Anything new on this?

Anyone practices this system?

My way of making money:
Pick your favourite strategy.
Look for a higher time frame for direction.
Enter your signal with no stop.( actually a very far away stop to prevent total desaster)
Place an opposite order on a subaccount, where your "normal" stop would be...and with a stop at you main entry level, in case the market does return soon.
If it hits, youré loosing on your main account and protecting on your subaccount.
If hopefully you get another signal way below, then enter a second position in your main direction, and change the stop in the subaccount ( at that level) for the first protective trade, which might make there, a small profit for your campaign.
Protect your second trade with another pending order on your subaccount, again, where your "normal" stop for that second position would be and with a stop at your second entry level..
If the market turns you might end up with 3 winners...If it keeps going against you, by then it will probably change on the higher time level...
Otherwise continue like that, provided your higher time frame remains in the same direction..
If direction changes, yes, you loose,usually in 2 out of 3, but gave yourself a higher window of opportunity to win. Remember you are averaging down with a totally controlled risk, no wild games, you pay a small price for each card.(position size)
Market tends to do anything it wants, adjust your "dancing" accordingly, always protected, but with both hands open for the meal.
The danger is a nasty spike that could trigger your stop on your protection leaving you naked.

To avoid that disaster I keep a safety , far away stop, on the main position, it would be a blow, but won´t bring me even close to a margin call... so far it never happened.
My sytem: Elliot and Fibos on time and price, plus one oscillator and precise position sizing....(Oanda, no fixed lots)
And yes , lot´s of homework...

Good luck comes with clarity...wish you both...