carry trading

I have tried oanda demo account to check the carry trading method. So I have opened positions with a high interest rates and theirs moving averanges (50MA, 100MA, 200MA) are convergent with interest rate (short or long).

The result after 1 month I have seen that:




The detailed account history is given HERE.

As you can see - I have gained from interest rate more than 7% ! Plus more than 50% from difference of currency rates.
The gain was 4149 PIPS.
I have tried this method on other accounts and the results was amazing. Every trade was successful!
The key to the success in forex is patience.

New orders

In friday I have closed GBP/CHF position. It was so static that I thought that it will not move anymore (In week or two).
GBP/CHF OPEN: 2,2636 CLOSE: 2,2883 Profit in PIPS 247+ Interest 14,25

I have also opened Short position in EUR USD at 1,1987. I will close that position if there will be more than 100 pips.

corrections

I have closed EUR USD short positions and opened NZD / JPY and USD/ JPY positions.

My trades

OK, I have told that I will tell my trades (most 95% successful).

I have now 3 trades:

CAD / JPY LONG OPEN at 103,11 , Stop: 102,21 - great pair. It is correlated with oil prices and has a great interest rate.

EUR / USD SHORT opened at 1.2163, stop: 1.2113 - I waited for news about the FED Rate. A lot of markets will be affected by this indicator. People from US will get theirs money from other than US markets.


GBP / CHF LONG opened at 2,2636, stop: 2,2806 - big interest rate.