Here’s the setup I’m trading today


Dave Floyd is a professional FX and stock trader based in Bend, OR and the
President of Aspen Trading Group. Dave’s approach to FX combines technical
and fundamental analysis that results in trades that fall into the swing
trading time frame of several hours to several days. For a free trial to
Dave Floyd’s Daily Forex Alerts
href=”https://tradingmarkets.comsubscriptions/details.cfm?item=6127&subcat=st”>click here.

The following charts will walk your through
the sequence of thoughts/events that got us into the USD/JPY short today:


As always, feel free to send me your comments and questions.

Dave

Dave Floyd is a professional FX and stock trader based in
Bend, OR and the President of Aspen Trading Group. Dave’s approach to FX
combines technical and fundamental analysis that results in trades that fall
into the swing trading time frame of several hours to several days.