TRY/JPY correlation. $40 USD per day

jgerousis 2007.09.29 17:20

taking a long position for TRY/JPY will get you $40 a day in interest. That is 1200 USD per month.

Does anyone have any idea about another per which can be hedged against the TRY/JPY so that one does not lose if TRY/JPY went down?

Regards

Yanni

jgerousis 2007.09.29 22:13 #1

anyone knows of a broker who has try/jpy pair

et_phonehome_2 2007.09.29 22:44 #2

jgerousis:
anyone knows of a broker who has try/jpy pair

MIG with a spread of 15 PIPs

banzai 2007.09.29 22:53 #3

If you google for TRY/JPY, there's a guy that will show you how to hedge.

nicesurf 2007.10.01 14:13 #4

How much is the deposit to get $40 per day ?

Nic

jgerousis 2007.10.02 11:49 #5

nicesurf:
How much is the deposit to get $40 per day ? Nic

This has no relation with deposit. You can have 100,000 or 1 M or even 20000, the important thing is you buy 1 whole lot (long position).

What we need is hedge against that position so we do not lose its rate falls.

Regards

Yanni

FOREX - Trends, forecasts Fractal trader Hedge Calculator

[Deleted] 2009.09.12 21:20 #6

Any micro/nsno lot broker that supprts the tryjpy ?