Hi Forex Trader,
I have just released the fifth 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.
Chapter 5 “Testing, More Testing and Optimising” is available to view on video, to listen to via an MP3 download or to read via a PDF file.
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.
There is a public holiday here in New Zealand today so be careful when trading the NZD today.
It was a very quiet day yesterday with a lot of pairs either forming indecision candles or they have hit strong support or resistance areas. This makes selecting likely directions today a difficult task.
Overall there is minor strength in the EUR and JPY.
Overall there is minor weakness in the NZD.
Trading Directions I am favouring for the next 24 hours
Buy Trades – NONE
Sell Trades – NONE
Have a great day
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator