I was unable to find a chart of the yen falling 13,000 pips back in the
1980s, however, I did find an example of a yen chart falling 3,100 pips in
three months, between August 1998 and October 1998.
Looking at the chart of Figure 6-1, trading 10 lots or shorting the
market with 10 lots by investing $10,000, brought a return to the trader of
$300,000 in three months. Can you see how the inner trend line crossed
over from the north to the south of the outer trend line, signaling a sell
position for a long-term trader?