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  1. #1
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    Aug 2007
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    Default If USD collapses

    Can a forex guy out there help me? What is the best currency pair to be in if the USD collapses over the next 12 months? One that leverage can be used for unlike Yuan. JPY, SFr, .........?

  2. #2
    Legend peat's Avatar
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    Default

    The obvious ways to short the USD are against the Chf or to long the Eur. I tend to prefer the former now that the contagion of loose banks and recession has spread to the continent. The yen seems to have started its move already so you may be a bit late there... Gold or even silver are also $ plays. I've started shorting in a very minor way the USD/CHF already.
    For clarity, nothing I say is advice....

  3. #3
    slow learner
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    Default

    Oil seems a popular hedge against the US$?

  4. #4
    action-reaction arco's Avatar
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    Default

    You can get a lot of Zimbabwean dollars for your $US



    http://www.boncherry.com/blog/2008/1...e-real-crisis/
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  5. #5
    Legend peat's Avatar
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    Default

    somthing could be starting.... USD/CAD in the lead +45
    added another little USD/CHF short earlier this evening
    For clarity, nothing I say is advice....

  6. #6
    Legend peat's Avatar
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    got a quick 97 tonite off this USD/CAD spastic gartley
    For clarity, nothing I say is advice....

  7. #7
    Junior Member
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    Oct 2008
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    Smile

    Something that you can barter for one of these

  8. #8
    Legend peat's Avatar
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    Quote Originally Posted by peat View Post
    I've started shorting in a very minor way the USD/CHF already.
    10 days of pain with this trade idea.... starting to come right now...hoping for more yet.
    For clarity, nothing I say is advice....

  9. #9
    Legend peat's Avatar
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    Still holding 2 core positions now which average out to +130 , and sold more into the rally last night at 1.2020. By this morning the +100 target on that had been taken.
    For clarity, nothing I say is advice....

  10. #10
    action-reaction arco's Avatar
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    Default

    .
    How about you manage my account Peat
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