Alright, two trades were executed earlier today on the US Dollar/Swiss Franc and Euro/US Dollar FOREX currency pairs. I went long off the daily chart on USDCHF at .9706 with an initial stop loss at .9655. I went short off the daily chart on EURUSD at 1.2374 with an initial stop loss up at 1.2443. In today’s video I go over exactly where logical profit objectives are for these trades and how I came up with them. I also briefly discuss at what point I will utilize a trailing stop in order to try to milk the trades for what they’re worth. I also go through a daily chart on the E-Mini S&P 500 futures contract and show you where major resistance is and what to specifically look for. Have a profitable day and I hope this helps you in your trading.
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