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Currency Strength and Weakness for Friday 26th April 2013, Lunch with the PM and Trade Results

BY , , , ,

Hi Traders,

** I’ve been looking forward to today for quite a while as I’ve been invited to have lunch with the New Zealand Prime Minster, John Key today and several other local business owners. Before entering the world of politics, Mr Key was a successful Forex trader, which should lead to some interesting discussions **

I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market.

My suggestions are posted by 6pm EST each day.

ACCURATE MONEY MANAGEMENT: Download your own FREE copy of my MT4 trading tool which will help you trade with low risk per trade and take away the focus on making “Pips”. Find out more by clicking here.

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Here is part of an email I send out yesterday showing my trade results from yesterday:

Account 1, closed trade 2013-04-26_0743 – TheForexTradingCoach’s library and open trades 2013-04-26_0742 – TheForexTradingCoach’s library
Account 2, closed trades 2013-04-26_0740 – TheForexTradingCoach’s library and open trades 2013-04-26_0741 – TheForexTradingCoach’s library
Account 3 – the one I used on yesterday’s email with 2 more closed trades 2013-04-26_0743 – TheForexTradingCoach’s library

Overall there is strength in the GBP and CAD.

Overall there is weakness in the EUR, USD, CHF and AUD.

Trading Directions I am favouring for the next 24 hours

VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given below. Use your own trading strategy and look at taking setups that occur in the same direction as my daily analysis. If you don’t have your own trading strategy then email me



To Your Trading Success.
Andrew Mitchem

The Forex Trading Coach