Fellow FFers,
First of all, congrats for producing such a community, thanks everyone that participates to create this community even better.
Today...
The large question and unfamiliar of the modern fx and financial world: CARRY TRADE!
Everyone is stating smthg; it can not be achieved, if it had been profitable why everyone isn't doing it, you will shed all your capital if carry trade unwinds etc..
I started a PROGRESS account (presentation, NOT actual $) to find out what the actual FACT would be.
The account is started on May 16 th at 12:00 pm EST.. 5000 $ invested. Below are the positions taken:
Extended GBP/JPY Extended USD/JPY Brief GBP/USD Short CHF/JPY Brief CAD/JPY Brief USD/CAD Short USD/CHF
I'll Be updating DAILY how this carry trade account is performing.
Opinions along the way would make this journey very enjoyable and fun to read/debatei I think.