In today’s video I discuss how the US Dollar / Swiss Franc (USDCHF) Forex currency pair trade may still be in play as long as the trade is executed to the downside (at .9283) either today or tomorrow. If the Swiss Franc can not trade down through .9283 either today or tomorrow this play will be null and void. Be sure to watch the video for more details on this potential play. The market (ES S&P 500) has now closed five consecutive days above the 2012 highs, look for this market to continue moving higher. In today’s video I also talk about a Put Options (sold) play in the SSO ETF I put on last Friday – this play will be over tomorrow January 18th. Have a profitable day and I hope this video helps you in your own trading.
Todd Mitchell is the CEO & Founder of Trading Concepts, Inc. He's been trading since 1994 and has mentored over 12,000 traders from Wall Street to Main Street. He's an expert at developing strategies for creating more consistent daily, weekly and monthly income.
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