Trend-Following And The Interest Carry Trade by Russell Sands
Here’s a look at how the Turtle system
can be combined with forex trading.
Forex trading has been
around quite a while, and
so has the Turtle system.
But it has only been
in the last year or so I
figured out how to put the two together. After about six
months of work, the first Turtle foreign
exchange manual was written,
and the system released at the beginning
of 2007. We all know that trendfollowing
is a valid concept of trading,
and we also (should) all know by
now that currencies are among the
best trending of all markets, so it is
natural we should blend them together.
WHAT IS THE
There is a fundamental concept of all
foreign currency trading known as the
“carry trade.” It is not a part of the
Turtle trading method, but it still has
an effect on our trading. When you
trade a forex pair, you are buying the
currency of one country and selling
that of another.