⚠️ What is a forex carry grid strategy and how does it work?
The forex carry grid strategy is a trading approach that involves opening a grid of buy and sell orders on a currency pair with positive carry (interest rate differential). Traders aim to earn profits from the interest rate differential as long as the exchange rate remains within a predefined range. The grid strategy can be profitable in low-volatility, range-bound markets. However, it requires careful risk management and may involve holding positions for an extended period. Traders should be cautious of sudden market movements that could lead to significant drawdowns.
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