Just got back from holiday. Well the massive unwinding of AU, NZ has effected the accounts. (10% drop in one day for the aussie). Some will blow up in the next few days. AUD/JPY - 73% drawdown on 20 trades. Averaged in when difference was 100 pips. ...

Super Carry Trade Trading System

Still finding the right broker with 1:100 leverage and good interest payments. I have setup 8 sub accounts with OANDA all funded with 100K USD except the original GBP/JPY strategy which has 107K in it. All have 1:50 leverage. AUD/USD - buy 2 0.5% ...

Super Carry Trade Trading System

What do you mean with rounding?

Super Carry Trade Trading System

Well started the 17th of August. So about 7.5% this month. By removing the limit order ladders from the original strategy I had to find a selling point higher than the average position of all my orders. My selling target was at average plus 100 ...

Super Carry Trade Trading System

19 September - update * 0 positions open * Sold all at 195.527 (120 pips above average position) * $1694.39 Interest from swap * Realised profit $5712.62 Total profit $7326.64 400 pip spike in 3 hours closed my position. To perfect the strategy: ...

Super Carry Trade Trading System

19 September * 40 positions open * Average 194.331 * Bought today at 192.910 (140 pips from average) * $1694.39 Interest from swap * Drawdown 6.90% GBP lost against USD (massive bailout of finance). Yen lost big against USD.

Super Carry Trade Trading System

Done some research. It is about the right mix of: * leverage * roll over interest * pips * minumum amount of margin required per trade. Just looked at FXCM which has 1:200 leverage. On a 100K account the minumum margin required per trade is $500 ...

Super Carry Trade Trading System

Yes I can see your points here. However do not use the increased leverage to play larger lots. In case of this strategy which started at 1% trading lots (2 trades of 0.5%) for a 1:50 account leverge (all you can get at oanda). If you go for 400:1 ...

Super Carry Trade Trading System

18 September * 40 positions open * Average 194.410 * Bought today at 190.549 (390 pips from average) * $1597.57 Interest from swap * Drawdown 19.5% GBP gained against USD (AIG bailout). HBOS LOYDS TSB deal bringing some stability to GBP

Super Carry Trade Trading System

Yes higher leverage will mean higher interest payments. But with this strategy it is also the road to self distruction as you will go through your margin a lot quicker. I am doing this strategy on a 1:50 leverage and experienced 36% drawdown. On a ...

Super Carry Trade Trading System

17 September * 38 positions open * Average 194.607 * Bought today at 188.350 (730 pips from average) * $1505.13 Interest from swap * Drawdown 26.15% GBP lost against USD (AIG bailout). YEN slightly weakening. Yen ranging form 184.50 to 191.50 in a ...

Super Carry Trade Trading System

16 September * 36 positions open * Average 194.911 * Bought today at 187.205 (770 pips from average) * $1418.48 Interest from swap * Drawdown 31.50% GBP steady against USD. YEN still strengthening.

Super Carry Trade Trading System

15 September What a difference a day makes. Seen a drop form 193.50 to as low as 187.50. * 34 positions open * Average 195.276 * Bought today at 189.404 (580 pips from average) * $1336.45 Interest from swap * Drawdown 22.71% GBP steady against USD. ...

Super Carry Trade Trading System

14 September * 32 positions open * Average 195.606 * Bought friday the 12th at 190.182 (540 pips from average) * $1254.99 Interest from swap * Current price is 193.538 (210 pips from average) * Drawdown 7.36% Massive spike on friday from 185.900 to ...

Super Carry Trade Trading System

Shows the value of demo accounts and also what effect massive currency movements have.

Super Carry Trade Trading System

8 September * 24 positions open * Average 197.529 * Bought today at 191.206 (620 pips from average) * $828.02 Interest from swap * Drawdown 17.56% Massive spike today from 190.50 to 195.50. just the volatility in this pair is enormous.

Super Carry Trade Trading System

5 September * 22 positions open * Average 198.066 * Bought today at 187.640 (1040 pips from average) * $653.58 Interest from swap * Drawdown 27.26% Now we clearly see the dangers of this unhedged strategy. I have had an almost 2000 pip drop. I will ...

Super Carry Trade Trading System

When todays position (around 11GMT i normally look )is 100 pips below average of all positions I will buy 2 market orders of 0.5% of NAV. Once the difference is less than 100 pips below average, I will do nothing. I only trade the GBP/JPY pair. Too ...

Super Carry Trade Trading System

4 September * 20 positions open * Average 198.906 * Bought today at 193.303 (560 pips from average) * $601.46 Interest from swap * Drawdown 13.59% I aim to sell at average plus 100 pips as I have not setup any take profit limit order ladders. I feel ...

Super Carry Trade Trading System

3 September * 18 positions open * Average 199.494 * Bought today at 192.579 (600 pips from average) * $553.87 Interest from swap * Drawdown 14.69%

Super Carry Trade Trading System