Hedging GBP/JPY (Arbitrage trading system)

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lewi
64
lewi  

Hi fellow traders,

I found a way to hedge GBP/JPY From one broker (interest positive) against another broker (interest free) so we can collect only interest.

I recently trade live and receive $2.16 daily.

The only thing you have todo is find interest free broker.

Regards,

Lewi

ajoh31
5
ajoh31  

Hedging GBP/JPY

Who is the interest free broker that you use?

doobyanil
5
doobyanil  

Hello Lewi,

Could you post some more details on the system.

thanks

anil

zupcon
313
zupcon  
ajoh31:
Who is the interest free broker that you use?

I believe that FXCM can provide such an account.

lewi
64
lewi  

Marketiva, FXCM and FXTrader.Net

Lyubomir
16
Lyubomir  

Very interesting...

Lewi, what are your initial capitals in each account, how much is your trade size and how long have you been holding the position?

I guess your lot size is about 0.2

I also believe that at some time you'll have to transfer funds from one account to the other in order to keep margin level high. Depending on your initial deposits in your accounts you'll have to do this many times during the year, am I right?

lewi
64
lewi  
Lyubomir:
Very interesting...

Lewi, what are your initial capitals in each account, how much is your trade size and how long have you been holding the position?

I guess your lot size is about 0.2

I also believe that at some time you'll have to transfer funds from one account to the other in order to keep margin level high. Depending on your initial deposits in your accounts you'll have to do this many times during the year, am I right?

I funded both my account each $1000 and only play 1 minilot. So far I never need to transfer funds because its only 2 months from where I start this strategy.

Mykola Bilak
585
Mykola Bilak  
lewi:
Marketiva, FXCM and FXTrader.Net

i had a chat with fxcm support person and he told me that fxcm does have overnight rollover fees.

can you provide a link on their website with info about "interest-free"?

lewi
64
lewi  
Beluck:
i had a chat with fxcm support person and he told me that fxcm does have overnight rollover fees. can you provide a link on their website with info about "interest-free"?

see this page http://www.forexfactory.com/forexforum/showthread.php?t=3862

johnboy
124
johnboy  

hedging system

hi all im new to this new group,

i have been looking into this hedging idea an love it, i know of an interest free broker in europe

heres my plan,would love to know if its possible, its looking good in my head!!

put enough in the two accounts to get 10 100k lots of gbp/jpy(usuing maximum leverage)

go long 10 lots in the interest free account

go short 10 lots in the non interest free account

then no matter where the market goes i will be up the interest on 1 million, and well need to add to the acounts as needed,

the interest on this would over $4000 a month? right???

i have quit my job so have loads of time to look into this!!! would love to hear about anyone elses ideas on this, im on msn email johnboymob@tesco.net

DOMIANDR000
72
DOMIANDR000  

Correct me if worng but i dont think FXCM is interest free, they do charge you swap interest rates

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