Recent content by pipdude
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Profitable Ideas on Carry Trades
I am well aware of how the market treats complacent people. I have been trading in the Forex market for 4 years. I would consider myself primarily a technical trader although I have gotten a thrill or two and a spankin or two trading the news releases. I have paid the same dues as most of... -
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Profitable Ideas on Carry Trades
An adverse move of price in the USD/GHF is offset by a positive move in the EUR/USD. This is the whole concept of hedge trading. I have been trading hedge strategies for 6 months and have never come close to a margin call! -
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Profitable Ideas on Carry Trades
Scalpmaster, I am also in a GBP/USD and USD/CHF hedged trade. On a $4000 account I am paying a daily interest of $0.19 on the GBP/USD and I earn a daily interest of $5.97 on my USD/CHF. This is a net daily interest of $5.78, or 52.79% annual interest. I have been utilizing a hedge...