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[QUOTE="Nigel Price, post: 71568, member: 25485"]
I'm actually in short on NZDUSD at a very similar price to you there too Stuart.

Great minds :D

The swap is a bit of a pain on this one - as people have pointed out here before.

But as far as I am concerned, the only way the swap will mount up for me is if a trade is open for a long period of time. And if it is open for a long period of time, that generally means that it is moving into profit.

I don't have losing trades open for weeks, waiting for price to "come back". Often you'll find that people who complain about negative swap are operating strategies that force them to hold underwater trades open for a significant period of time. The swap makes that pain a little bit more acute, but it's not the root of the problem. It's not the swap that's causing them to lose money, it's attempting to run losers.

The only way I'll paying a lot of swap is if a trade stays open for a long period of time, and most often the trades of mine that are open the longest return the greatest profit. The swap is a bit of a pain alright, but I just put it down as a cost of business. It doesn't render the trade unviable.

Stop at B/E now, let's see what the market has in store for us this time.... :)
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