Super Carry Trading Trading Systems

This system has produced between 8 and 10% profit per month, or about 100% per year or more, depending on market conditions.

Trading Rules:
Currency pair: GPB/JPY
Long trade only (positive interest)
Use 0.5% of the Net Balance available for You on each trading (Oanda does this automatically)

1. Enter at any time by order of the market
2. Place limit orders (long) in 10 pips above the initial entry. This means that you place a limit order to buy a 10 pips above your entry, and you put the target 10 pips profit on each command. You place this command until the 200-400 pips above the current market price, or even higher if you want to. Your goal is to take advantage and locked it on top of all the commands as the markets moving up.
3. Place a 10 pip profit target on all limit orders, up to 200-400 pips above the current market. One time entry limit orders up to 200 above the current market price, and find that higher run smoothly on top of the order, it actually rose nearly 400 before coming down again.
4. If the market goes down (carry trade unwinds) by 200 pips enter a market order once per day, by not taking advantage, in an effort to lower the average price of all orders in the 100-200 market today. Every market order additional lowering the "average" your order.
5. Enter limit orders (long) in 10 pips above is the order of the market, until the order is already included.
6. At any time you have more than one order open, and the market is above the average price, close all orders (Oanda makes it easy to do).
7. If the market continues to fall, continues to place the order (as in no. 4-6 above), trying to keep the "average price" in the 100-200 pips from current prices.

Pros:
· Effective in all market conditions (range, trend).
· Provides the advantage of both trade and interest.
· Just monitor the market once or twice per day, as desired.

Cons:
· Attention necessary for bringing trade unwinds. If necessary, during the severe unwinds, limiting further just buy the 400-500 drops pip.

Note:
Oanda is very suitable for this system in that they show the "average position" You right in the chart; make it so easy. In addition they have a "one click" to close all positions. Eventually they spread is very low: GPY/JPY is between 4.5 and 7 most of the time.

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