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Originally Posted by Trevman
dunno about those but how about,
BUY GBP/JPY
SELL GBP/USD
SELL USD/JPY
or maybe
if you could get a pip to equal the same then it should work right? even if im right each pip will never equal the same due to conversion rates changing.
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hi trevman
thanks for the reply.
on the buy gbp/yen sell gbp/usd and sell usd/yen, i believe this is known as triangular arbitrage trade. have u managed to work out on a trade setup or entered at random? there is another thread on gbp/yen. but i guess the strategy is to long gbp/yen and short gbp/yen, to receive the swaps difference as profit with the underlying pairs being hedge. (the short gbp/yen swaps payable should be lower than the swaps receivable if not if it meaningless, most likely have to deal with 2 brokers)
as for the BUY GBP/JPY BUY EUR/GBP SELL EUR/CHF SELL CHF/JPY, abit tough for retail cause huge margin tie up for 4 pairs and i am not too sure what is the yield of the result? have you checked the correlationship of these pairs? i dun have them with me.
maybe you would like to discuss on the set up?
i do know about spread trading, but the trades i have entered in
demo were all random, couple with spread set up might yield a better results, but i have done on that yet.
Regards,
HT
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