The Way Of The Dollar

Renew：Part 9
Author：John Percival
Update：08-15-2023
Tags：Fiction Literature
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Chapter List

Chapter One.
Chapter 8) that what he was looking for was the consensus that is not confirmed by price action. That covered the entire 1981-5 bull market in the dollar when the consensus was constantly bearish. It also covers the price extremes* , when the consensus is wrong by definition.
Chapter 3
Chapter 7 dealt with the time- frame. It tried to show how important this was too. What about know yourself? Well, as we shall see in Chapter Eleven, this may be the crucial part of the checklist for many readers. But until then, letas take another look at risk.
Chapter IV .It is determined mathematically by the difference in interest yields on the currencies in question: if 6-month interest rates on the two currencies happened to be exactly the same, the 6-month forward rate would be the same as the spot rate.
Chapter 1. And if you remember the story of Old Partridge (page 46) you will have got the message about staying in: we must not alose our positiona so long as the reason for holding it is still intact. The little hesitation around Y137 by no means challenged our reason for holding the Yen, which was to do with its need to acatch upa with the reality of its changed yield equation: our catch-up target was Y120.
Chapter 7
Chapter 8
Chapter 9

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