A Strong Canadian Dollar – Currency Strength and Weakness for Friday 23rd May 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 book “From Dairy Farmer to Forex Trader” is now available on Amazon, as the physical book and also as a Kindle download.
Click here for details
My suggestions are posted by 6pm EST each day.
Overall there is strength in the CAD and USD.
Overall there is weakness in the EUR, AUD and JPY.
Trading Directions I am favouring for the next 24 hours
Buy Trades – USD/JPY, CAD/JPY
Sell Trades – EUR/USD, EUR/CAD, GBP/CAD, AUD/USD, AUD/CAD, NZD/CAD, USD/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.
Here’s something to help you trade with low risk:
AMAZING FREE TRADING TOOL: Download your own FREE copy of my MT4 trading tool which will help you trade with low risk per trade, remove much of the emotion involved with taking trades and take away the focus on making “Pips”.
Download your FREE copy now by clicking here.
Have a fantastic weekend.
Andrew
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 book “From Dairy Farmer to Forex Trader” is now available on Amazon, as the physical book and also as a Kindle download.
Click here for details
My suggestions are posted by 6pm EST each day.
Overall there is strength in the CAD and USD.
Overall there is weakness in the EUR, AUD and JPY.
Trading Directions I am favouring for the next 24 hours
Buy Trades – USD/JPY, CAD/JPY
Sell Trades – EUR/USD, EUR/CAD, GBP/CAD, AUD/USD, AUD/CAD, NZD/CAD, USD/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.
Here’s something to help you trade with low risk:
AMAZING FREE TRADING TOOL: Download your own FREE copy of my MT4 trading tool which will help you trade with low risk per trade, remove much of the emotion involved with taking trades and take away the focus on making “Pips”.
Download your FREE copy now by clicking here.
Have a fantastic weekend.
Andrew
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator
