Free Forex Webinar – Currency Strength and Weakness for Tuesday 5th August 2014
Hi Forex Trader,
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 was very little movement on any pair yesterday and as is the case so often at the beginning of the week, the lack of movement and clear direction on a Monday makes predicting the overall directions for today very difficult.
Overall there is minor strength in the AUD, NZD and GBP
Overall there is minor weakness in the CHF, JPY, EUR and USD
Trading Directions I am favouring for the next 24 hours
IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given above. 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.
Buy Trades – GBP/CHF, AUD/JPY, AUD/CHF, NZD/JPY, NZD/CHF
Sell Trades – EUR/AUD
FREE TRADING WEBINARS FOR FRUSTRATED TRADERS- click here to register
Are you a frustrated trader, feeling like you're ready to give it all up?
Have you been trading for 6-12 months or more and you're feeling like you're not achieving the kind of profits you should be?
If the answer to either question is “yes” then this webinar is perfect for you. There are 2 webinar times this week.
To Your Trading Success.
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator