The dollar’s timid rally last week increased the likelihood that it eventually will fall to the 100.18 target shown before it can turn around. That would equate to a 12.7% decline since DXY topped at 114.78 on September 28. The correction would be mild relative to the spectacular run-up that commenced from around 90 in mid-2021. Bullion investors should enjoy the favorable tailwind provided by a weak dollar while it lasts. It is also providing respite to Powell & Co. by alleviating deflationary pressures that eventually will asphyxiate consumer inflation and usher in a global economic depression.
DXY – NYBOT Dollar Index (Last:104.80)
Posted on December 18, 2022, 5:23 pm EST
Last Updated December 18, 2022, 7:09 pm EST
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December 19, 2022, 10:37 pm
I am interested in your upcoming Options program. I sent you a request for clarification and have no answer as yet. I know you are very busy, so allow me to re-ask. Your comments along with wording on your website led me to ask whether you were planning one OR two events on option training:
One free and the 2nd paid. Or, were all comments & wording pointing to a single event? (a paid event) and can you now tell me the approximate cost? Thanks, Dean Ezell (956) 773-9673
dsfc@Hughes.Net&&&&&
Thanks for your interest, Dean. Using the Hidden Pivot Method to trade options is a game-changing tactic. I am not exaggerating when I say that, with respect to performance, it can leapfrog an options novice over the heads of traders who have been doing it for years and who have even written books about options.
I will be offering it as a standalone course, but my sale pitch will probably include a short demo that would be open to everyone. Sinec you are on my mailing list, you’ll receive a timely notification. RA
Thanks Rick, for your answer and your time to do so. I appreciate that and what you wrote. I believe you & that you will make it happen.
I ran several experiments through the years searching for what you must have discovered. I recall you once said several years back, something like it was next to impossible or extremely unlikely. I never gave up believing that it could happen, despite the setbacks, though I did stop trading. Count me in for your standalone course and my support.
I just now signed up for your 14day trial membership and I will follow that with a yearly subscription.
Do you have any recommendations on Brokerages that also feature data programs?
Thanks, Dean Ezell (956) 773-9673
dsfc@Hughes.Net
December 20, 2022
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Pleased that you’ve decided to return, Dean. There have been some radical changes in the way we use the Hidden Pivot Method to trade, all geared toward much greater simplicity. TD/Ameritrade/Think-or-Swim is the most popular trading platform among subscribers. I use Tradestation, which has some advanced trading features not found in TOS.
R