Aspenalysis: Simple To Follow FX Trade Ideas

Quote of The Day

The entire financial system is "infected" with headline risk - both ways, short and long. This is asinine but still a reality. For those willing to attempt day to day second guessing the next "headline", have fun. Otherwise, find a nice trout stream or offshore reef and enjoy the REAL meaning of life.
 
Oil is up 4.3% and the wave count in USD/NOK is bearish - should see lower levels in USD/NOK in the hours/days to come.

7.3.12nok30.png


7.3.12oilnok.png
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*(Note: oil price is inverted in the overlay chart)
 
Nightly Video Update:

On last Friday's Money in Motion show, Todd and the Money in Motion crew engaged in heated EURJPY debate. Todd and Kathy Lien bearish of EURJPY, and Brian Kelly bullish. Well Aspen Trading just initiated the short EURJPY position....

Watch Video*

*Link will take you away from this page
 
AUD/USD looks interesting. Short-term oriented traders can consider longs targeting 1.0294/1.0314 while leaning against the 1.0210 support level.

7.11.12audTARGET.png
 
AUD/USD looks interesting. Short-term oriented traders can consider longs targeting 1.0294/1.0314 while leaning against the 1.0210 support level.

7.11.12audTARGET.png

Well, that forecast did not work - can't win them all. On to the next idea....considering EUR/AUD shorts but from a longer-term perspective that would require a wide stop-loss.
 
Nightly Video

All right traders, going to mix it up a bit tonight with a 30-minute video that offers some insight on the S&P's, EUR/USD while tossing in a healthy dose of education on wave count...enjoy.

Watch Video*

* Link will take you away from T2W site
 
Nightly Video:

On last Friday's Money in Motion show, Todd analyzed Schlossberg's EURUSD short and confirmed it with Elliott Wave Theory. Watch the video below and then view the detailed chart for a trading game plan...

Watch Now*

* Link will take you off of the T2W site
 
Pretty basic here - assuming you are of the opinion that the S&P's will fail to gain much more ground higher, USD/CHF will continue to push higher in the days ahead.

7.19.12chf60min.png
 
Nightly Video:

Looks like our forecast for longs in EUR/USD is beginning to play out. In the video below we analyze the current wave structure and why we see the sub-1.2200 level as attractive for long entries.

Watch Video
 
Hey Traders - join us on Wednesday for a review of the current markets and how Aspen Trading is navigating them to make profitable trades.

The webinar kicks off at 4 PM EST - Register Now
 
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