MoneyTec Traders Community Forum - View Single Post - The Best Postive Carry Trade out there today

mishak · 31-10-2003, 03:23

Hi KidForex

Right, in AUD/JPY 77.30 one month high gave 2.8% from Oct-6 open at 75.20.
If you bot it later as I've recommend at say 74.50 on Oct-10/13 it produced 3.75% monthly.
Not bad over the interest pips you collect daily at 4.5% annually rate.

However, AUD/USD was better. From 0.6780 on Oct-6 open it came to 0.7105 one month high yesterday and gave 4.8% for the same perion.

That is over 3.5% annuallized interest pips.

You are a real position trader, Kid.

31-10-2003, 03:23	#9
mishak old hand Join Date: Oct 2003 Posts: 1,066 Downloads: 0 Uploads: 0 Rep Power: 0	AUD/USD performed better Hi KidForex Right, in AUD/JPY 77.30 one month high gave 2.8% from Oct-6 open at 75.20. If you bot it later as I've recommend at say 74.50 on Oct-10/13 it produced 3.75% monthly. Not bad over the interest pips you collect daily at 4.5% annually rate. However, AUD/USD was better. From 0.6780 on Oct-6 open it came to 0.7105 one month high yesterday and gave 4.8% for the same perion. That is over 3.5% annuallized interest pips. You are a real position trader, Kid.