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 minor strength in the CAD, EUR, NZD and AUD.
Overall there is minor weakness in the USD and GBP..
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/USD, EUR/GBP, AUD/USD, NZD/USD.
Sell Trades – GBP/CAD, USD/CAD, GBP/AUD.
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
WEEKLY TRADING NEWS VIDEO and iTUNES PODCAST: View my weekly Forex news video which I made last week while in Sydney.
In this week’s video I talk about – Managing your Profit Targets.
To Your Trading Success.
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator