forex debate

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..... ......              Success Does Not Come Out Of Thin Air, It Needs To Be Managed! *

.........    .....       TFP Looks To Succeed From The Large Players Who Make Markets.
.......... .. ...     We Of Course Like To Stay Current On Who Is Buying & Who Is Selling

............ TFP Does Not Follow The Crowd. We Are Able To Evaluate Markets Independently

.In 2005 TFP llc Was Writing Op-Eds in Financial Times Newspaper & Doing Media Analysis of
Global Financial Markets. This Reporting That Follows Remains A Good Example Of Why The
Popular Financial Press & Sometimes Even Leading Investors Cannot Substitute For
                                       Professional Management In Forex.

.In January, 2005, As The US Dollar Was In A Free Fall, Down Over 50% Vs The Euro In 3 Years & 10% Vs The JPY
.From Its High A Year And A Half Earlier, TFP Viewed It An Historic Market Making And Profit Opportunity When A
.Consensus Of Financial Market Opinion Leaders Were Out There Cheer Leading A Continued Decline In The Value Of .
.The US Currency At The Beginning Of 2005.

....   Bill Gates Made A Bold Currency Prediction On The Charlie Rose TV Interview Show:
  ............           "The 'Ol Dollar, It Gonna Go Down!" {Jan 2005}.

.....Warren Buffett Spoke In Investment Forums Confirming That His Investment Portfolio Was Shorting The US Dollar
;..        Going Forward {Jan. 2005}. George Soros Believed The US Economy Was At Risk, & USD Was Going To Fall.

.Former Sec. Of Treasury, Robert Rubin, An Icon of The US Government Who For Years Was Calling For US Dollar
.Strength While Secretary of the Treasury, Was Prominent Among The Consensus, Saying Chances Were Good For More
.Declines In The US Dollar's Value {Feb 2005}.

.These Investment Icons Felt Reinforced By Some Of The World's Leading Economists Who Specialize In Currencies. Top
.Economists Like C. Fred Bergsten, Who Was With The Institute For Economic Policy Research, And A Much Quoted
.Financial Analyst, Was Adamant In His Belief That There Would Be Dollar Based Currency Crisis Within Weeks.

.Predicting A Sharp US Dollar Fall, Stephen Roach, Morgan Stanley's Bright Star In A Stable Of Opinion Leading
.Economic Forecasters, Was Calling For Economic Armageddon Because Of His Belief The USD Was Structurally Near
.Collapse.

..        There Was A Consensus Of Opinion Throughout The Financial Press At The
... ...............    ..   Beginning Of 2005 Predicting Weakness In the USD.

.So Those Investors Who Followed This Broad Consensus' Advice Of Opinion Leading Currency And Investment
.Icons Quickly Took Major Losses. The USD Pivoted The Week Of January 17, 2005 And.Strengthened 14% For The
.Entire Year In 2005 vs the Euro. The EUR/USD Moved From A Low {For The USD} Of $1.36 To A High Of $1.17 In A
.Single Move Of 14%.

.Similarly, the USDJPY Also Found The USD Strengthening From A January 2005 Low. {On June 24th,2007, The
.USDJPY Touched A 4 1/2.Year High}

.TFP's Director Was A Clear Voice Arguing Against The Consensus, and In His Article Still Available As
.Originally Published On The Internet On January 17, 2005, Point By Point, Mr. Long Confronted The Reasons For
.The Consensus Expectations Of USD Collapse And Found Instead Reinforcement For An Opposite View--US
.Dollar Strength. TFP Made A Market With USD Bears, And His Clients Won!

Jan 10, 2005 Issue,
..Forbes Magazine

.. . Jan 23, 2006

....Report On Gates,
... ...Buffett, Soros
... Losses In Forex

,,, Stephen Roach
.. Morgan Stanley
... "Economic
Armageddon"

. .Jan 4, 2005
........Edition

....Charlie Rose
..... TV Show
....Jan 30, 2005

.. ... Quotes From TFP llc's Director Predicting Us Dollar Strength In January, 2005,
.........                             ....           As The Dollar Was Falling
............    .....     And The Forex Community Was Predicting Further Declines.
................                                                                                   {Jan 17, 2005}

."So it is quite apparent here in my 'World of Currencies,' that the structural strength of
.the US economy preempts a disorderly dollar collapse crisis that dollar bears project."

."Now as 2005 begins and with the recession far behind it, the US quite clearly
.presents itself as an economy that is stable and poised to consolidate its upward
.growth track, and with that will go increased demand for her currency, the US Dollar."

."Dollar bears as they continue to sell dollars will have a long wait for any profits in
.anticipation of a collapse of the USD."

Our Feature Analysis Came From His Series Titled, "My World Of Currencies."
....             ..

Welcome To TFP

TFP Transparent Forex Profits LLC

..... "Buffett, Gates, Soros Losses
..... May Aim Davos Spotlight on Dollar"

By Simon Kennedy and John Fraher

Jan. 23 (Bloomberg) -- ``The ol' dollar, it's gonna go down,''

"Bill Gates said at last year's World Economic Forum in Davos,
Switzerland. He, George Soros and Warren Buffett each bet
against the U.S. currency in 2005.

They lost."

.In 2005, Warren Buffett Lost $1 Billion Betting The USD Would Decline. Bill Gates Also Shorted
.The USD That Year. However, Contrary To Their Expectations, Instead Of Weakening, At The
.Beginning.Of 2005 {Jan .17th} The USD Pivoted And Strengthened Substantially. {On June 24,
.2007, The USD Actually Reached A 4 1/2 Year High Vs The JPY, From That 2005 Move}.

Forex Investment Analysis

TFP
Executive Consultation

,,C.Fred Bergsten,
. . Institute For
Economic Analysis
... "A USD Crisis"

Link To TFP Risk Disclaimer
....Risks of Forex Trading

* The FCM Is Compensated For Dealer Services Through The Spread Between Bid/Ask Prices.

“Trading foreign exchange on margin carries a high level of risk, and may not be
suitable for all investors. The high degree of leverage can work against you as
well as for you. Before deciding to invest in foreign exchange you should carefully
consider your investment objectives, level of experience, and risk appetite. The
possibility exists that you could sustain a loss of some or all of your initial
investment and therefore you should not invest money that you cannot afford to
lose. You should be aware of all the risks associated with foreign exchange
trading, and seek advice from an independent financial advisor if you have any
doubts.”