I held my live 2 hour trading room webinar for my clients yesterday and during those sessions I trade live in front of my clients on a live trading account. You can see the results from some of the trades taken here http://screencast.com/t/lAc1RkL3BCO
[note that the risk on each of these trades was just 0.25% of the account]
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.
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Overall there is strength in the EUR and USD.
Overall there is weakness in the GBP, JPY and CHF.
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
Buy Trades – EUR/JPY, EUR/GBP, EUR/CHF, USD/JPY
Sell Trades – None
Have a great weekend.
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator