AUDJPY & NZDJPY, The new CarryTrade Stars !!! | Forex Factory

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AUDJPY & NZDJPY, The new CarryTrade Stars !!!

  • #1
  • First Post: Apr 10, 2008 3:57pm Apr 10, 2008 3:57pm
I thought about starting this thread to discuss the possibility of the trade chances that might make AUDJPY & NZDJPY what might call " The New Coming Stars of the Carry Trade" !!!

Since I am a big fan of the GBPJPY, I wonder what would happen if the BOE keeps cutting down the interest rate lower than 5% and less. Is this pair is going to be less volatile in the near future. What will happen if BOJ increases the interest rate? Are the AUDJPY & NZDJPY will be more volatile & aggressive?

I want it to put all of these questions for discussion for all traders & experts to give out the best of their thoughts & knowledge.

BK
  • #2
  • Apr 10, 2008 4:17pm Apr 10, 2008 4:17pm
The "new" carry stars? Where have you been for the last 8 years?

GBPJPY has a bizarre cult-like following on FF, I think b/c many incorrectly measure volatility in terms of pip range, when % range is all that matters. NJ and AJ have always offered greater volatility in % terms, with greater swaps to boot.
  • #3
  • Apr 10, 2008 4:38pm Apr 10, 2008 4:38pm
Quoting Trader KGB
The "new" carry stars? Where have you been for the last 8 years?

GBPJPY has a bizarre cult-like following on FF, I think b/c many incorrectly measure volatility in terms of pip range, when % range is all that matters. NJ and AJ have always offered greater volatility in % terms, with greater swaps to boot.
Well, I ve been trading the forex for only 3 years

What I meant by that is the volatitlity in terms of pip range. My questions were are those 2 pairs (AUDJPY & NZDPY) will give out as much as GBPJPY in terms of pip range???

BK
  • #4
  • Apr 10, 2008 4:57pm Apr 10, 2008 4:57pm
Quoting bkoori
What I meant by that is the volatitlity in terms of pip range. My questions were are those 2 pairs (AUDJPY & NZDPY) will give out as much as GBPJPY in terms of pip range???
As I mentioned in my first post, pip range is meaningless. If you're after the most pips, trade the Scandi's or the peso.

Pip range does not equal volatility. Percentage range is all that matters. It's simple math and should not be a foreign concept to any trader..

This will vary day by day, but in general, I regularly see AUDJPY and NZDJPY have greater intraday % movement than GBPJPY. Here's a snapshot of the past 24 hours. NZDJPY is not listed, but it would fall between CADJPY and USDJPY at 2.04%.. well above GBPJPY.

http://i28.tinypic.com/20ap2sl.png
  • #5
  • Apr 12, 2008 8:14am Apr 12, 2008 8:14am
Quoting Trader KGB
The "new" carry stars? Where have you been for the last 8 years?

GBPJPY has a bizarre cult-like following on FF, I think b/c many incorrectly measure volatility in terms of pip range, when % range is all that matters. NJ and AJ have always offered greater volatility in % terms, with greater swaps to boot.
*ahem* not to mention less margin as well. How are you KGB?
Patience + Humility + Study = Success
  • #6
  • Apr 12, 2008 9:08am Apr 12, 2008 9:08am
Where'd you get that list, KGB?
  • #7
  • Apr 12, 2008 11:36am Apr 12, 2008 11:36am
i'm also interested in where one could find that list
  • #8
  • Apr 12, 2008 1:48pm Apr 12, 2008 1:48pm
Quoting DutchTrader
How are you KGB?
Dutch! Long time no see, the Aussie pairs thread got strangely quiet. Still the following the Oz desert real estate market?
  • #9
  • Apr 12, 2008 1:48pm Apr 12, 2008 1:48pm
Quoting Rabid
Where'd you get that list, KGB?
Currency table here.
  • #10
  • Apr 13, 2008 12:40am Apr 13, 2008 12:40am
Quoting Trader KGB
As I mentioned in my first post, pip range is meaningless. If you're after the most pips, trade the Scandi's or the peso.

Pip range does not equal volatility. Percentage range is all that matters. It's simple math and should not be a foreign concept to any trader..

This will vary day by day, but in general, I regularly see AUDJPY and NZDJPY have greater intraday % movement than GBPJPY. Here's a snapshot of the past 24 hours. NZDJPY is not listed, but it would fall between CADJPY and USDJPY at 2.04%.. well above GBPJPY.

http://i28.tinypic.com/20ap2sl.png
Thanz alot for this table, it cleared lots of things.
  • #11
  • Last Post: Apr 13, 2008 9:08am Apr 13, 2008 9:08am
Quoting Trader KGB
Dutch! Long time no see, the Aussie pairs thread got strangely quiet. Still the following the Oz desert real estate market?
Me and you both brother. I bought a desert buggy just in case :
Patience + Humility + Study = Success
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