USD/TRY/CAD Hedge $100 Block Off And Running

I take one draw per month from my Forex account since that is what my broker will allow me to do free of charge. I do this on day one of each month of the year, which was yesterday at the time of the writing for this month. Half of what I take out each time I earmark for investing purposes, so of that half of this draw I sent $90 over to my sub-account that contains my tiny USD/TRY/CAD hedge carry to bring the total to roughly $100, this being the amount that in previous posts I identified as being the amount I wish to work with for each iteration of this method.

As luck would have it, USD/TRY showed me the chart pattern that I look for - since this side of the carry is held short, what I wanted to see to enter is a daily candle meeting resistance against a top Bollinger band (or a candle closing beneath the top band following a candle that closed above it), with a MACD histogram that is opposite the direction the trade should go in (I basically try to use the MACD histogram as a "leading" indicator by assuming that a positive display, when I intend to enter a short trade, indicates a move that will soon "run out of gas" and reverse). I had thought previously that both sides of the hedge carry should be in their ideal positions - the USD/CAD, to be held long, should have a setup opposite that of the ideal USD/TRY setup I've just described - but I realized after looking more closely at the existing tiny USD/TRY/CAD hedge I already had in play that it's only necessary for one of the sides to be ideally positioned. The portion of this $100 I already had going was created when USD/CAD was ideally positioned for a move higher and USD/TRY, according to this chart criteria, was in a "limbo" spot from which it could have gone anywhere.

Upon waking this morning I opened the account and found that it is holding steady with a positive unrealized gain of between 4-6%. Utilizing this method with $100 USD in an account with 50:1 leverage will give you a setup composed of 1,250 units of USD/TRY held short, 938 units of USD/CAD held long, and margin used of $68.76. The daily interest should, at present, come in at around 21 cents each day, or $6.30 in a 30 day month. This is why in my previous post I stated my intention to draw $5 per month per $100 block committed to this method each month. Doing so will deliver a very respectable net interest income each month while also gradually improving the safety of this trade.