michal.kreslik wrote:Concerning the interest rates on the open Impeccable Hedge positions, I've just found Oanda pays/charges interest as you go - continuously:
http://fxtrade.oanda.com/fxtrade/intere ... tion.shtml
So they don't employ the common practice of settling up the interest at 5 pm ET sharp as most FX brokers do.
Michal
Obviously interest is an added 'bonus' if it can be incorporated into the trading strategy.
Michal points out interest receivable/paybale by Oanda at 4pm EST (8pm UTC/GMT) AND at the time trades are made.
This this better than once a day?
Does anyone have a view on whether its possible, practical or worthwhile to trade multiple FPI rings or stick to one (after all the fluctuations happen continously theortically allowing trades across the day anyway).
Has anyone determined if any one FPI ring is better to trade than any other? Any ring involving the JPY seems attractive given the favourable interest position.