Aspenalysis: Simple To Follow FX Trade Ideas

[Aspen Trading Group]

Todd will be discussing this trade on CNBC's Fast Money at 12:40 PM EST today - tune in.

 

[Aspen Trading Group]

We like longs in EUR/AUD - we just issued a NEW TRADE ALERT to our clients....

EUR/AUD video

Not a bad move higher off the pull-back yesterday into 1.1750/40 - we scaled out of a portion of the trade today at 1.1850

 

[Aspen Trading Group]

Traders, what is normally a pretty quiet trading week (last week of summer) may not be so quiet. Watch the video below for further details.

Watch Video

 

[Aspen Trading Group]

Traders, we are bullish the S&P's and bearish EUR/GBP - watch the video below for the details.

Video Update

 

[Aspen Trading Group]

Video Update:

We are bearish USD/CAD and targeting .9600

USD/CAD Video

 

[Aspen Trading Group]

Video Update:

We are bearish USD/CAD and targeting .9600

USD/CAD Video

Looking good thus far!

 

[ameliya]

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. 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 minimum target.

 

[Aspen Trading Group]

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. 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 minimum target.

Isn't that half the battle for traders - keeping it simple?! Here is our updated (but still bullish) S&P forecast - should keep the likes of USD/CAD and USD/NOK under pressure.

 

[Aspen Trading Group]

CAD/JPY set to offer decent long entries on a pull-back.

 

[Aspen Trading Group]

CAD/JPY set to offer decent long entries on a pull-back.

The pull-back is bit deeper than I was expecting, thus far the .786 retracement at 79.28 has held well but I want to see a more definitive thrust off the lows in order to gain confidence a near-term low is in place.

 

[Aspen Trading Group]

CAD/JPY set to offer decent long entries on a pull-back.

Whew....took us to the edge on that one before prices popped nicely after The Bernank rode to the rescue...yet again.

 

[Aspen Trading Group]

Fun fact:

"Global central banks have printed enough money to buy every person in the world a 55" wide screen 3-D TV"

Christopher Cole, Artemis Vega Fund

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[Aspen Trading Group]

Last Week's Scorecard:

Bernanke 1
Bears 0

What are we looking to buy now? Watch Video

 

[Aspen Trading Group]

Hey traders, Aspen's Todd Gordon will be on CNBC's Fast Money tonight at 5:30 PM EST (22:30 GMT)

 

[Aspen Trading Group]

Big spike lower in oil from roughly $99 down to just under $95!

"Oil Traders Blaming Sell-off on a Fat Finger, Not Confirmed" CitiFX

Traders, this sell-off in oil has also put some downside pressure on CAD/JPY (earlier chart) - little opportunity to nibble on the longside here in the 80.80 area?

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[Aspen Trading Group]

Big spike lower in oil from roughly $99 down to just under $95!

"Oil Traders Blaming Sell-off on a Fat Finger, Not Confirmed" CitiFX

Traders, this sell-off in oil has also put some downside pressure on CAD/JPY (earlier chart) - little opportunity to nibble on the longside here in the 80.80 area?

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Continued consolidation in CAD/JPY - a break above 80.80/81.00 sets the tone for a move towards 82.43/83.72

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[Aspen Trading Group]

Oil is bid in here and could trade back towards $94/$96 - time to look at short entries in USD/NOK

 

[Aspen Trading Group]

Video Update:

Eyeing some key support levels in EUR/USD to establish long positions.

Watch Video

 

[Aspen Trading Group]

Kiwi set to fly?

 

[Aspen Trading Group]

Did You Miss Shorting AUD/USD?

Looks like we will get another look....continue reading*

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