Lambchops...if your short the higher yielding currency you pay the interest rate differential...if visa versa then u receive the difference...what the difference is will depend on what your broker bases their instruments on...it might not be the "market rate"...ie it is not simply a case of subtracting one interst rate from another...so check with your broker first!!!
good idea. I was thinking along the same lines myself. I don't anticipate being a daily contributor as I'm not trading intraday but I'd be very interested to see a thread like this and would particapate as much as poss.
hi newtron.....followed your posts......are you still sticking to your original strategy for gbp/usd or have you tinkered with it?.....what do you make of the possibilities of the strategy with eur/usd?
hi jonnyt.....where do you find the futures symbols for sierra/mytrack.......looking for s&p500 in particular....the one that many say gives a guide for us equities generally.....