Discussion in 'Forex Trading' started by virgin, Feb 19, 2007.
When did he short the USD and when did he take profit,loss or is he still short ?
the last I heard he rationalized that he is long USD in terms of his holdings in the USA, so he is not really net short USD.
I heard he covered a portion of it a few months back.
In which case any short USD positions he has merely act as a hedge, which is a sensible strategy for someone with his portfolio.
This is a dead trade move on! Neither side will win in the short-term. It its range bound.
USD will go down for next two years
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