Hi Forex Trader,
I have just released the third chapter of my new book “From Dairy Farmer to Forex Trader” where I share my Forex journey. The aim of the book is to short cut your own learning process and to show you how anyone can become a profitable Forex trader if they really want to enough. Please click here to view.
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 the GBP and AUD with minor strength in the USD.
Overall there is weakness in the CAD with minor weakness in the JPY, NZD, EUR and CHF.
Trading Directions I am favouring for the next 24 hours
Buy Trades – GBP/JPY, GBP/CAD, GBP/CHF, AUD/JPY, AUD/CAD, AUD/CHF, USD/CAD
Sell Trades – EUR/GBP
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.
Have a great day
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator