Traders, the existing thread we have here at FF deals mainly with the process behind our IPA Trade Methodology
http://www.forexfactory.com/showthread.php?t=330801
With that said, not all traders are interested in getting involved in the actual process of trade selection, but would just rather get the final output so they can quickly evaluate whether or not they want to take the trade.
So, starting today, we will offer up some actionable 'Trade Ideas' in the FX market. We will kick off the first post with a long consideration in USD/NOK. First, do not freak out about a pair that is not EUR/USD - who cares what the pair or cross is, as long as it moves! With oil prices weak and the technical pattern solid in USD/NOK, we like longs in here. (NOTE: pip values on this pair are only .17 per mini lot and 1.70 per stand lot.)
http://www.aspentrading.com/uploaded...12nok30min.png
http://www.aspentrading.com/uploaded...12oil60min.png
http://www.forexfactory.com/showthread.php?t=330801
With that said, not all traders are interested in getting involved in the actual process of trade selection, but would just rather get the final output so they can quickly evaluate whether or not they want to take the trade.
So, starting today, we will offer up some actionable 'Trade Ideas' in the FX market. We will kick off the first post with a long consideration in USD/NOK. First, do not freak out about a pair that is not EUR/USD - who cares what the pair or cross is, as long as it moves! With oil prices weak and the technical pattern solid in USD/NOK, we like longs in here. (NOTE: pip values on this pair are only .17 per mini lot and 1.70 per stand lot.)
http://www.aspentrading.com/uploaded...12nok30min.png
http://www.aspentrading.com/uploaded...12oil60min.png