Price Headley is the founder and chief analyst of BigTrends.com, which provides daily stock and options recommendations and education. Timer Digest recognized Price and BigTrends.com among the Top 10 stock market timers for 2000. Price has been widely quoted by Barron's, CNBC, The Wall Street Journal and USA Today. Price is also the author of the new book, Big Trends in Trading: Strategies to Master Major Market Moves.
Think you know about risk and reward? Most traders use the target price and the stop price as their model of risk and reward, and leave it at that. However, they may be missing an important risk/reward concept.
Currencies are usually traded on the strength of their corresponding economy, so the dollar in theory should be trading down with the continued credit crisis, housing problems, and concerns about rising inflation. Why is the dollar so strong?
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