Which dealer do you use?... and what is your handle on Oanda? Thanks and I'll hang up the phone now and wait for your answer
Not much, I'm thinking. But again - when the market goes this stupid, I don't get involved. This is borderline panic selling.
well its yields about 27.50% apr at 50:1 (I do not use 50:1)...the last time I checked on 03/15/06...this takes into account margin tied up and uses Oanda but only 30% of my 40-50% ROI comes from interest earned... I prefer to trade interest positive pairs...and AUD/USD does not pay much in interest...compared say to the AUD/JPY...
yes, I hadn't thought of that...oh well I have been in the carry this long...this last scale should get me out next week...or else it will be a long trip and i will just have to pay interest until I can get my way out... Michael B.
If you want the interest, and a better position, short EUR/AUD - that's where the money is in the interest right now.
I have been in since 03/01/06....but in the simulator...exchanger beat me to it...I trade two accounts, the live one and the demo....gotta go interest just paid in Oanda on the live account, got to update my spreadsheet...