Guys...I'm a dollar bear. Right now the dollar is setting up for a crash. If we play our cards right...we'll be able to profit from a nice long downward spiral. I've never been much of a short term trader. I usually like the intermediate but mostly long term investments against the dollar.
A strategy to consider...
When we see the dollar topping out...sell it against the strongest currencies. Instead of setting a stop loss...buy an option. It'll cost you some in profits but it helps to hedge against losses if our timing isn't exactly right. We're talking thousands of pips here. I'm stoked!!
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