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See live trade results – Currency Strength and Weakness for Tuesday 6th May 2014

BY , , , , , ,

Hi Forex Trader, I often get asked about my own trading results. Here are 4 trades that I took yesterday – all in the direction of the strength/weakness analysis that I made yesterday. 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. 

There is a public holiday in Japan today.

Yesterday was a very quiet day once again for many pairs. The EUR/USD moved only 21 pips, the GBP/USD moved 31 pips and the USD/CHF moved 17 pips in the entire day! This makes predicting directions and trades a very difficult task for today.


Overall there is minor strength in the CAD and NZD.

Overall there is minor weakness in the EUR, GBP, AUD and CHF.


Trading Directions I am favouring for the next 24 hours


Buy Trades – CAD/CHF

Sell Trades – EUR/CAD, GBP/NZD, GBP/CAD, AUD/NZD, AUD/CAD

VERY 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.




5th BIRTHDAY PROMOTION:

Forex traders from 48 Countries have joined The Forex Trading Coach course over the last 5 years and to celebrate I am holding a 5 day discounted course promotion. To find out more please click HERE 


– Andrew Mitchem The Forex Trading Coach Professional Forex Trader and Educator The 5th Birthday Offer Is Now Live, 5 Day Only, 5th-9th May

  • APOSTOLIS

    If you want to be serious about results why dont you show at least the results from the start of the current year?

  • Hi Apostolis, The trade results were posted so show people that by trading in the anticipated direction can provide excellent results. The 3 trades that were filled each had only a 0.5% risk and the net result was a +2.6% account gain from these trades which took just a couple of minutes of actual chart watching time. The entry and exit levels were all preset. Regards, Andrew Mitchem

  • APOSTOLIS

    true ok, why dont you show at least the results from the start of the current year? That will motivate most people to follow your program,

  • Hi Apostolis, This is all covered in front of my clients on our live webinars.
    Regards
    Andrew