Golden Ratio: UPDATE: When going gets tough .... the Dollar gets going

2008-12-16

UPDATE: When going gets tough .... the Dollar gets going

My Development as a Commodities Trader: When going gets tough .... the Dollar gets going

Looks like Dollar bull days are getting numbered now. I have gradually come out of all dollar long positions and now actively looking for oppportunities to short dollar. One place I like to be in would be JPY. Another interesting place is AUD and CAD. Fed recent action are very inflationary and therefore it is a blessing for commodities and commodities driven currencies like AUD and CAD. Another interesting place to be in is EUR mainly because EUR "might" attract some diversifaction funds in search for a stronger currency bloc.

I will update in coming days if short dollar trades emerge.

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-VS

Disclosure and Risk Warning

Some disclosures and warning about potential risk.

a) I will/may not be able to put all my trades as I have lot of things to do and maintaining this blog is more like a hobby/pass-time/to keep my thoughts in one place. In any case I build my key ideas mainly during weekends. This blog is not a proxy for my trading activities/records.

b) These are not meant to be investment advice and I strongly recommend that you do not follow them to initiate any positions or take any trades with real money. Trading commodities and futures is a high risk business and you can lose more than your investment. You are welcome to use them for educational purposes to understand the intricacies of our financial markets.

c) All risk, profits and losses arising from your investment actions are entirely your own and I have nothing to do with your success or failure.

d) Futures Trading is risky and carry substantial financial losses. You may not get your money invested and your losses are not limited to your initial capital. Do not trade commodities futures unless you understand what you are doing and prepared for financial loss.