GBP/JPY Equity Building Profitable trading strategies

[HAUGHT007]

Hey RRRAM,

I use FXDD and they don't have NZD/JPY but my GBP/JPY seems to have a better interest pay.... I don't know if you hit the wrong keys or not but today, we get 7.08 on a 10k lot. Is there that much difference in brokers?

[rrram2]

Hope no one got run over. Don't say I didnt provide sufficient warning.
Everyone should be on the bus eh? Sorry there is no handicapped entrance!

[rrram2]

Then the broker decides how much to give. I am getting so low because I am at 400:1 leverage which means for every 100K USD I trade I ONLY have put up $250 and the broker loans me the rest. So when I carry trades over
99.75% of the money is theirs and hence they take most of the interest.
but in reality in NJ it comes out to 100% per month bases on the amount required for me to secure a 1k LOT. FXSOL lets me change the leverage and interest share I get, but where the real money is made is not in intefrest but in scalping. The interest is just a security that allows you to hold your trades until you realize a profit, even if you have to collect mad interest for 3 weeks or something. Money in a bank is poorly saved earning 1% per year! BAH! The bank is NOT your friend. Anyone seen my article? I am surprised other bankers arent calling me.

I should start a whole series of articles letting the bankers secrets out of the bag.

Originally Posted by HAUGHT007

Hey RRRAM,

I use FXDD and they don't have NZD/JPY but my GBP/JPY seems to have a better interest pay.... I don't know if you hit the wrong keys or not but today, we get 7.08 on a 10k lot. Is there that much difference in brokers?

[rrram2]

whoever is riding in the front with her kindly remind her we are going the wrong way now

[rrram2]

She is back to business. Keep shorting her, so she climbs with greater fury and speed. Resistance is futile. She will consume you and all your SHORT dollars.

[rrram2]

SHe is struggling here but I expect her to make her way for 214 going into NY close. I am out.

[mytwopips]

Originally Posted by rrram2

GJ is paying 1.50 on a 10K lot NJ is paying 2.40 on a 10K lot.

Don't look now buy Guppy is heading north off my chart screen!

Not my broker. G/J is best.

I sent you a congrats on the sticky thread.

[mytwopips]

Originally Posted by 4xStar

Yeah I'm a chaser .. trying to overcome it with a 12 step program
But E-J and E-$ paid off pretty nicely this morning. Now I am short the G-C, we will see

Ha ha...

Watch them momentum traps. They will get you chasing.

The best traders that have lasted the longest around here are all contrarian.

Tymen, Tonymand, Dpaterson, Elijah, etc...

Sorry if I left anyone out.

[rrram2]

I guess it is just a matter of time before this high flying dollar crashes again.
I am amazed at its strength depsite what to me seems obvious. Until there is an oil solution in place in the USA we will continue to be dominanted and controlled by big oil.

[sumwatt]

The problem is that there never will be a solution to oil - or let me rephrase that: whatever arises as the solution to oil will be the next "big oil" that we all like to complain about. You can unlink oil from money, but that rope has to be tied around some other commodity's neck.