Originally posted by Spacey
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Currency base account
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Many brokers will offer 5% interest on the AUD, other than that I can't say that I've given it much thought.
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Currency base account
What are people's strategies for this? I've noticed that on the master accounts the signals are as follows:
Viper - USD
DayFox - Euros
SmartTrader - USD
SmartScalper - USD
TradeAlerter - AUD
Currently all my accounts are running on AUD. In normal life the HKD (and hence USD due to peg) and AUD are most relevant to me.
Should I switch some or all to USD base? Could there be opportunities to say, run DayFox on a GBP account or something like that? CHF could be attractive too. So that way one would hedge not only with trades and different signals/strategies, but also with the denomination of your capital.Tags: None
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