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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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The Risk of Ruin in the Swiss Frank

There was a, you know, that was kind of a unique situation because of the peg that the Swiss national bank had put into place. Once it got below that peg and there were traders out there who looked at it and said, what's the risk here? The Euro-Swiss actually that day and then for the ensuing week after that had a tremendous rally as the short-term rates went further in negative territory.

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