Good question, but based on the count we have, the May 9th lows is a result of only 3-waves lower from the May 1st high - thus we need another leg lower to complete that sequence. Additionally, there is no way to count the action off the May 9th ...

FX Analysis: The IPA Trade Methodology

Shorts in AUD/JPY? url

Aspenalysis: Simple To Follow FX Trade Ideas

Hey traders, I wrote a little bit of an editorial today for or clients that was largely void of charts, but laid out some key talking points for the markets - it appears below: Good morning traders/Aspenites. Markets continue to digest the break ...

Aspenalysis: Simple To Follow FX Trade Ideas

Hey traders, I wrote a little bit of an editorial today for or clients that was largely void of charts, but laid out some key talking points for the markets - it appears below: Good morning traders/Aspenites. Markets continue to digest the break ...

FX Analysis: The IPA Trade Methodology

S&P's looking heavy - looks like another leg lower per a modified Scenario #2 shown above. We just advised clients to not be afraid to book partial profits in GBP/USD if S&P's remain weak below 1367 - you can always re-load GBP/USD longs at better ...

Aspenalysis: Simple To Follow FX Trade Ideas

The following commentary pertains to the previous posting on GBP/USD: Traders, GBP/USD continues to push nicely higher and with the S&P's catching a bid that certainly adds to the momentum. Bear in mind however, yesterday's lows at 1343 in the S&P ...

Aspenalysis: Simple To Follow FX Trade Ideas

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Robert Miner's Dynamic Trading learning journal

Bottom In for S&P's? Consider Longs in GBP/USD — Traders, GBP/USD has held in pretty well during the recent push lower in the S&P's. Additionally, the EW count is pretty solid. So, if we are to assume that the S&P's are beginning to carve ...

Aspenalysis: Simple To Follow FX Trade Ideas

Does not get more basic/simple than that - weak equities allows for easy pips in USD/NOK and EUR/USD - no reason to not have been on board.

Aspenalysis: Simple To Follow FX Trade Ideas

A real street fight here at 1350 - S&P pits must be real interesting here. If prices can remain below 1350 USD/NOK should kick nicely higher while EUR/USD should look towards 1.2875 as min target.

Aspenalysis: Simple To Follow FX Trade Ideas

We re-established another piece to the USD/NOK long yesterday afternoon but are watching current levels real close. We need to see a decisive break below 1345 in the S&P futures if we are to see USD/NOK trade higher into our 5.8600 and 5.8800 target ...

Aspenalysis: Simple To Follow FX Trade Ideas

Here Is My Problem With USD/JPY Bulls — Here's the problem with USDJPY. I got into this debate on Fast Money several times as so many people are bullish on USD/JPY because the BOJ says they want to weaken the Yen. Is it happening - nope? The ...

FX Analysis: The IPA Trade Methodology

Using EUR/USD, AUD/USD and oil to trade USD/NOK.... url It is all about how related asset markets trade.

FX Analysis: The IPA Trade Methodology

Just booked partial profits at 5.8438 in USD/NOK - the 1350 level in the S&P's is key and was the catalyst for making the adjustment.

Aspenalysis: Simple To Follow FX Trade Ideas

Just a talking head alert - Aspen's big media cheese, Todd Gordon, will be on CNBC Fast Money at 12:30 PM EST today talking about yesterday's USD/NOK chart

Aspenalysis: Simple To Follow FX Trade Ideas

Here is today's short-term outlook/trade idea: image

Aspenalysis: Simple To Follow FX Trade Ideas

Traders, in the update below, Todd walks you through the IPA Trading Methodology that allows you to use related markets like crude oil and the US dollar to position short in AUD/USD..... url

FX Analysis: The IPA Trade Methodology

Inter-market analysis works very well for us - hence why it is the foundation from which we operate from - wave counts are secondary. There are no rules on IMA per se - it is a simple process whereby you determine how asset classes are trading with ...

Robert Miner's Dynamic Trading learning journal

Darren, regarding Wave counts - we go with what has been outlined in the Elliott Wave Principle. The only thing we do, and we think it adds a lot of value, is using inter-market analysis to verify/refute the wave counts we come up with. Charts/wave ...

Robert Miner's Dynamic Trading learning journal

Hey Darren, thanks for the kind words. If you reference the S&P chart in post #115 above on the S&P's - the chart below shows the updated count - it has been spot on overall - we still see the S&P's lower towards 1350/40 which has major implications ...

Robert Miner's Dynamic Trading learning journal