Once again - super tight stops (the adjusted one did not seem to have any technical relevance) force you out of trade too early - now prices break lower.

Robert Miner's Dynamic Trading learning journal

Not necessarily - just saying that that level is key to allowing for more downside.

Robert Miner's Dynamic Trading learning journal

Just a little heads up that Todd will be on CNBC's Fast Money today at 12:30 EST. Here is a video clip from his appearance last Friday on Money in Motion: url

FX Analysis: The IPA Trade Methodology

A break below 1.2509 should get the bearish momentum going

Robert Miner's Dynamic Trading learning journal

Just following up on yesterday's EUR/GBP chart - prices did push higher in the overnight session but have since pushed solidly lower below the .8000 support level. A minor adjustment to the target 'zone' we now see that in the .7955/40 area.

Aspenalysis: Simple To Follow FX Trade Ideas

The S&P futures are trying "go it alone" without confirmation from FX --> good luck with that. We have seen this time and time again, and my bet is 3/4's of the time FX wins out. -TG- S&P 500 Bulls Getting Ahead of Themselves?

FX Analysis: The IPA Trade Methodology

Aspen Trading Group Nightly Video Update: Shorts in EUR/GBP url

Aspenalysis: Simple To Follow FX Trade Ideas

Have the S&P's put in a low as of today's close - it certainly was a nice rally off the lows. FX markets say.....no! url

FX Analysis: The IPA Trade Methodology

Hey Traders - quick video overview of Elliott Wave analysis by Aspen's own Todd Gordon... url

FX Analysis: The IPA Trade Methodology

Within 25/30 pips now of the target area laid out here yesterday - 150 pips - hope traders caught it.

Aspenalysis: Simple To Follow FX Trade Ideas

S&P futures under pressure and AUD/JPY is off 50 pips since the original posting

Aspenalysis: Simple To Follow FX Trade Ideas

While the S&P's continue to trade higher, AUD/JPY is having nothing to do with it. This is a key sign. If the risk-off theme resumes, the Wave iv resistance level at 79.18 (max of 79.36) should hold and prices will quickly push lower to the target ...

Aspenalysis: Simple To Follow FX Trade Ideas

Stocks are undergoing the most severe correction since the end of 2011. Will the sell off in equities continue, or is today's bounce sustainable? If so, how can we capitalize using the currency markets? During Friday May 19th's CNBC Money in Motion, ...

FX Analysis: The IPA Trade Methodology

Not too shabby - S&P's and AAPL caught a bid today. However, FX pairs, i.e. risk related ones did lag the move in stocks. Certainly worth noting as FX typically leads equities, thus the S&P rally could be limited. Just something to consider. if you ...

FX Analysis: The IPA Trade Methodology

Does AAPL serve as a lead indicator for a rally still or does Facebook below the offer price of $38 overshadow it? I would not dismiss AAPL so quickly. Currently prices are sitting on a pretty sweet time and price support zone. image

FX Analysis: The IPA Trade Methodology

Got this question from a client today: Hi Just wanted to ask about that CAD/JPY trade that we where stopped out. Why was the stop moved to that level from a technical point? Thanks Very good question. As clients know, our trading attempts to be as ...

FX Analysis: The IPA Trade Methodology

Join Aspen's Trader Education Series with "Characteristics of Major Currencies" @ 4:30PM ET Today. In this FREE 30 minute Director of Client Education, Bart Marek will unveil the trading charteristics & considerations of trading specific currencies. ...

Aspenalysis: Simple To Follow FX Trade Ideas

'Risk on' or 'risk off'? The S&P's are suggesting 'risk on': image Given the way the S&P futures are trading in the pre-market, the S&P's will open above 1335 and thus suggest that Wave 4 is complete and prices will move briskly higher. This ...

Aspenalysis: Simple To Follow FX Trade Ideas

Short-term count on EUR/USD: image

Aspenalysis: Simple To Follow FX Trade Ideas

Per the last post on Friday (see above) AUD/JPY remains weak and is likely to carve out lower levels still. With the S&P's under pressure likely towards 1320/10, AUD/JPY will continue to offer good short set-ups. image

Aspenalysis: Simple To Follow FX Trade Ideas