Sunday, February 05, 2006

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.

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