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Ep. 989: Four Trend Players with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Trade the Euro Before the Euro

Prior to the introduction of the euro we only traded the Deutsche Marker's a proxy for Europe. If it went back to pre-euro currency so Lyra and Gilden all that sort of thing then we would probably take the same view as now. In other words we would reverse the decisions we took when the euro was coming in but they certainly would be exciting and potentially profitable times. It's interesting perspective though that essentially you were already trading the euro before the euro. Well I think we were and I think many people were and as I say what we do is not unique or clever. This is not hard I mean you can go on some sort of academic scavenger hunt and convince

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