• flag+612 8091 5708
  • flag+1 646 583 2752
  • flag+64 21 1216268
  • flag+44 20 3289 1849

Position Size Trading Calculator – plus Currency Strength and Weakness for Friday 9th August 2013

BY , , , , , ,

Hi Traders, 

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. 

Overall there is renewed strength in the AUD and CAD.

Overall there is weakness in the USD and JPY.

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 here for help.

Here’s something to help you trade with low risk:
AMAZING FREE TRADING TOOL: Download your own FREE copy of my MT4 trading tool which will help you trade with low risk per trade, remove much of the emotion involved with taking trades and take away the focus on making “Pips”. 
Download your FREE copy now by clicking here.

I held a 2 hour live trading room webinar for my clients yesterday and we had a full room. 3 trades were taken live during the session and the main topic I covered was looking for exhaustion patterns. If you would like to know more about learning how to trade successfully for yourself, please take a look here

Have a fantastic weekend.


– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator