An excellent clients only live 2 hour trading room session yesterday with several trades taken live during the webinar. A client who lives on the West Coast of the US shared some of his recent trades with the group and he has been making 2-3% per day with either a 0.5% or 1% risk per trade depending upon the strength of the setup.
He has also offered to speak with anyone who is keen on talking with one of my clients. If this interests you please email me here for his contact details.
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 strength in EUR, CHF, NZD and some renewed strength in the USD against some currencies.
Overall there is weakness in the JPY, AUD and GBP.
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/JPY, EUR/GBP, EUR/AUD, EUR/CAD, CHF/JPY, NZD/JPY, USD/JPY
Sell Trades – GBP/USD, GBP/NZD, GBP/CHF, CAD/CHF, AUD/USD, AUD/NZD, AUD/CHF
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.
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Have a fantastic weekend.
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator