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.
VIDEO & iTUNES PODCAST: Yesterday I uploaded a new trading commentary video to my website. In the video I discuss why you should only be trading Forex using charts that start the new day/week at 5pm EST New York Time. I also discuss how last week my clients made excellent profit from my Daily Trading Suggestions (with exact entry and exit levels given). Personally I made +2.3% from 5 D1 chart trades by using just 0.25% risk per trade. Click here for details: https://theforextradingcoach.com/weekly-video-news.html
Overall there is strength in the USD and JPY, with some minor strength against certain currencies in the GBP.
Overall there is weakness in the AUD, NZD and CAD.
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/AUD, EUR/NZD, EUR/CAD, GBP/AUD, GBP/NZD, GBP/CAD, USD/CAD
Sell Trades – EUR/USD, CAD/JPY, AUD/USD, AUD/JPY, AUD/CHF, NZD/USD, NZD/JPY
To a Profitable Trading Week for You.
Andrew Mitchem