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Old 06-17-2007, 02:59 AM
mikejody mikejody is offline
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6 Basket Hedge: Large Swap

Greetings,

Another forum had a post about the following hedge, the poster stated that he was currently earning $80.00 per day on swap and had been doing so for 9 months.

Can anyone tell me what pair the following is based on? You know, like long Eur/Usd Usd/Chf is based on Eur/Chf? Here is the hedge, what pair are we exposed to here?

Buy Gbp/Jpy

Buy Usd/Jpy

Buy Aus/Jpy

Buy Usd/Cad

Buy Eur/Jpy

Sell Eur/Aud

I've been entering 1 mini lot every day and did very well last week. Approximately 2%. But I'd like to know what currency I'm really trading.

Any thoughts?
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