53 min listen
Unavailable
Currently unavailable
Relative Strength With Currencies
FromPower Trading Radio - A Trader's Perspective on Investing in Stocks, Futures, Forex, Options Podcast
Currently unavailable
Relative Strength With Currencies
FromPower Trading Radio - A Trader's Perspective on Investing in Stocks, Futures, Forex, Options Podcast
ratings:
Length:
37 minutes
Released:
Aug 9, 2011
Format:
Podcast episode
Description
The “rubber band” we talked about on yesterday’s show, clearly snapped back to the upside today, reflecting optimism to the FED’s comments and short covering. Is it a sign of a market bottom, or a sympathy rally before the next drop. Chuck Fulkerson joins PTR to talk about how he uses currencies as a hedge in a slightly different manner. Instead of trading just equities in his Retirement accounts, Chuck uses currency ETF’s to offset the risk of just holding dollar based assets, as well as capitalizing on the strength of the powerful trends. By measuring the relative strength between the currencies, he can enter trades which offer a substantially better risk/reward ratio.
PowerPick: SPY
PowerPick: SPY
Released:
Aug 9, 2011
Format:
Podcast episode
Related podcast episodes
Jeff deGraaf, Founder and CEO, Renaissance Macro: For Jeff deGraaf, financial markets have always been about figuring out who moved the pieces in a chess match and why. Early exposure to the discipline of technical analysis and its focus on prices and probabilities helped Jeff begin to develop a framework that concentrates on finding bets with favorable odds. Our discussion considers the market events that have played a formative role in how Jeff thinks about risk. Particularly influential among the big risk-off events was the LTCM debacle, especially as it illustrated the power of the Fed to bring an end to a de-risking process.A decade after founding Renaissance Macro in 2011, Jeff and his team continue to view the policy response as both inevitable and critical and in this context, we discuss the evolution of the interaction between markets and the Central Bank. Today’s much more activist Fed is one example of how historical pricing relationships, while a valuable tool to understand by Alpha Exchange