Australian Dollar / Japanese Yen Forex Trade Update and E-Mini S&P 500

In today’s video I go through the Australian Dollar / Japanese Yen trade in great detail because I just entered a second position to the downside at 81.54, bringing my average cost of this short trade to 80.71. My initial stop loss is at 83.34 and my first profit objective is at 77.57. Let’s see what happens on this trade. I also briefly go through the E-Mini S&P 500 futures daily chart to show you what I expect and what I’m seeing. I will be out of the office tomorrow (6/22/2012) so there won’t be a trading video. Have a profitable trading day and I hope this helps you in your own trading.

 

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Comments

  1. Joe Bucci says:

    Hey Todd, I have to assume you killed it today. I know you have extended an invitation to your office in MI, buy does Edward do the same for us in the south(Im in Florida).

    Hope you have a restful weekend with the wife, enjoy

    Joe in FL

  2. David Matheney says:

    Forex investment is a bit tricky, i did some forest investing last month and my profit was not very very good. .:”‘”

    Regards
    http://www.foodsupplementdigest.com“>

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