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 CHF, GBP and CAD.
Overall there is weakness in the USD, AUD and NZD.
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/AUD, GBP/USD, GBP/AUD, GBP/NZD, CHF/JPY
Sell Trades – EUR/CHF, AUD/CAD, AUD/CHF, USD/CAD, USD/CHF
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.
Yesterday I held a live 2 hour trading room webinar for my coaching course clients. Here are some of the trades that we took live during the webinar – taken in front of my clients on a live account. Nothing beats real time learning like this – nothing hidden, no cherry picking the best trades – just real time live trading and learning. Click here to view the trade results.
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Have a fantastic weekend.
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator