Liquid Rate Gold

Discussion in 'Commodity Futures' started by DrawDown, Jun 25, 2006.

  1. Later this week: FOMC Announcement - expected to raise interest rates 1/4 pt.

    10,000-units held long in USD/JPY will produce a virtual liquid gold mine spitting over $9 a week at you in interest (according to this source).

    Using 50:1 margin you'll need to hold a mere $200 of your money open to exposure in the ForEx market.

    That's a staggering increase of over 240% on your $200 - compounding affect (making interest on interest) will be in addition to this sum.

    Anyone trading merely in the direction of collecting USD/JPY interest?

    Any suggestions/tips on how to successfully maintain this type of core trade size without getting vaporized by drawdown?

  2. Yes, I have suggestions, but you're not really looking for information. You're looking to flex your ego. Again.
  3. Yes and how many pips at 50:1 can you lose before you blowout your $200?

    Every time the yen falls for a few months in a row, out come threads like this one. Then the yen spikes up a few hundred points and then it's back to the drawing board (and another alias).

    Regular as clockwork.
  4. *shrug* ... I've never lost trading the yen.

    Let's put it this way... I have deep trading capabilities. ;-)