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Old 08-23-2008, 10:45 AM
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PIP CHASER PIP CHASER is offline
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Quote:
Originally Posted by 4xStar View Post
Check out this thread:
GBP/JPY Equity Building Profitable trading strategies

for more than you need to know about this strategy .. and haught007 recently posted a spreadsheet there, with the info you are looking for. If you plan to do this I would suggest going with pairs that pay high swap like the GBP/JPY and NZD/JPY but ... the trick is to buy them right in the beginning. Wait .. months or a year or more if necessary .. for a huge collapse, then buy & add on retracements on the way up.

That, I think, is the only sane way to do this and keep an account alive ... but check out the thread and the spreadsheet and draw your own conclusions
Thanks for the link. I plan to only use the pairs I mentioned previously due to their strong negative correlation and ADR being similar.
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