I shall attempt to show that freely floating exchange rates are inherently unstable: Moreover, the instability is cumulative so the eventual breakdown of a freely floating exchange rate process is virtually assured. George Soros

My first thoughts once I found myself a couple months ago re reading this opening paragraph for the 9th time due to his speculation in currencies I couldnt think how prophetic his words resonate not just then but even more so now. Then my second thought was get on board this wonderful trade we have and I want to jump on this chance of a lifetime.

A number of you know me when I began my very first thread overdue 2012 (Australian Bear Raid) in which I had been targeting the AUD using a collective concept this specific currency was about to fall under the weight of a commodity bubble, the carry trade it took advantage of, and of course the massive inflows of speculative capital seeking high returns from real estate to local stocks within an appreciating currency. I enjoy most of you did very well in this short and have taken my pound of flesh from the land down under. After I got out of the market to return to earth and revel in life more I waited to get a new opportunityThen I found myself a couple months ago really intrigued by KING DOLLAR and two key chapters from Soros book.

With that said, I enjoy most here (hopefully) began to think the dollar story and reluctantly got long at first then started to pile in once the trend kept getting stronger. But of course I needed to know why and this market can fly. This led me to reread probably the most essential chapters of this book which in my estimation is a current blueprint for how the dollar will exchange for another year or two;

The fundamental map I will discuss in the pages that follow are my opinions on what could be a spectacular increase and decrease similar to what we watched from 1981-1988 in the dollar.

I will attempt to frame this thread like the Australian bear thread with quality content, extensive excel data points, and the trade setups. As always I welcome both the bears and bulls of the dollar to discuss ideas and ideas with so we all can think about our strategy in this currency.

Before I design my bullish case on dollar within the next day or 2 I wanted to let those who haven't read his book examine the chapters I am talking about. The majority of both chapters are written below and I recommend at minimum the serious currency practitioner take to heart that the framework Soros lays out in the Reflexivity in the Currency Market chapter. It not only helps me once I decide to dive in the currency markets, it also provides me a framework in understanding the flow chart that is capital.

I anticipate another fascinating thread with many here that aren't out for the entire scalp but that are looking to ride macro trends,,,