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Which 9 Forex Pairs To Trade Today? – Currency Strength and Weakness for Thursday 2nd October 2014

Which 9 Forex Pairs To Trade Today? – Currency Strength and Weakness for Thursday 2nd October 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. 

Overall there is strength in the JPY and CAD

Overall there is weakness in the NZD, EUR, CHF, GBP and USD.


Trading Directions I am favouring for the next 24 hours


Buy Trades – CAD/CHF

Sell Trades – EUR/JPY, EUR/CAD, GBP/JPY, GBP/CAD, CHF/JPY, NZD/JPY, NZD/CAD, USD/JPY


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.



AMAZING FREE TRADING TOOL – Click here 
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”. 




Andrew


– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator

Renewed New Zealand Dollar Strength – Currency Strength and Weakness for Friday 22nd August 2014

Renewed New Zealand Dollar Strength – Currency Strength and Weakness for Friday 22nd 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 book “From Dairy Farmer to Forex Trader” is now available on Amazon, as the physical book and also as a Kindle download.



Overall there is strength in the NZD, CAD and CHF.

Overall there is weakness in the JPY, GBP and USD.


Trading Directions I am favouring for the next 24 hours


Buy Trades – NZD/USD, NZD/JPY, CHF/JPY, CAD/JPY

Sell Trades – GBP/NZD, GBP/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.



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 here.


Have a fantastic weekend.

Andrew


– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator

Stick To The Rules – Currency Strength and Weakness for Monday 18th August 2014

Stick To The Rules – Currency Strength and Weakness for Monday 18th 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. 

Overall there is strength in the EUR and CHF

Overall there is weakness in the NZD, USD, GBP and AUD


Trading Directions I am favouring for the next 24 hours

IMPORTANT: Just to let you know that Monday's trade analysis, when the market opens at the beginning of the new week (Sunday if you are in the US/Europe) are usually the hardest to pick and if you wanted a day off trading, that would generally be the day to choose. The reason being; I am looking at the previous week's prices and the new open prices for the week when making my analysis on a Monday and of course many things can happen between the close of the market one week and the opening of the market the next week and the market sentiment can often change. Just bear this in mind each Monday (Sunday US time)



Buy Trades – CHF/JPY

Sell Trades – AUD/CHF, NZD/CHF, USD/CHF, CAD/CHF, XAG/USD


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.



WEEKLY FOREX TRADING VIDEO and iTUNES PODCAST: 

In this week's video I talk about:

“Why it’s Important to Stick to a Set of Rules when Trading Forex” – Click here to view


Have a great week ahead.
Andrew Mitchem


– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator

A Weak GBP and Strong AUD – Currency Strength and Weakness for Monday 21st July 2014

A Weak GBP and Strong AUD – Currency Strength and Weakness for Monday 21st July 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 is a public holiday in Japan today so be careful if trading the JPY pairs.


Overall there is strength in the AUD, CAD and NZD.

Overall there is weakness in the CHF, JPY and GBP.


Trading Directions I am favouring for the next 24 hours

IMPORTANT: Just to let you know that Monday's trade analysis, when the market opens at the beginning of the new week (Sunday if you are in the US/Europe) are usually the hardest to pick and if you wanted a day off trading, that would generally be the day to choose. The reason being; I am looking at the previous week's prices and the new open prices for the week when making my analysis on a Monday and of course many things can happen between the close of the market one week and the opening of the market the next week and the market sentiment can often change. Just bear this in mind each Monday (Sunday US time)



Buy Trades – AUD/USD, AUD/JPY, AUD/CHF, NZD/CHF, CAD/JPY, CAD/CHF

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



WEEKLY FOREX TRADING VIDEO and iTUNES PODCAST: Watch my weekly Forex news video.

In this week's video I talk about:

“An Exceptional Return of 1% per Day”


Find out more by clicking HERE.


Have a great week ahead.
Andrew Mitchem


– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator

Time for the AUD$ to reverse? Currency Strength and Weakness for Wednesday 16th April 2014

Hi Forex Trader,

Please note: I will not be posting my trade analysis on Thursday 17th April, Friday 18th, Monday 21st and Tuesday 22nd April due to the Easter break. Both the day before and the day after the holiday are likely to be quiet trading days.

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 GBP and USD

Overall there is minor weakness in the AUD and NZD.

Trading Directions I am favouring for the next 24 hours

Buy Trades – GBP/AUD, GBP/NZD, EUR/AUD

Sell Trades – AUD/USD, AUD/CAD, NZD/USD, NZD/CAD 

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 some suggestions

FREE FOREX WEBINARS THIS WEEK FOR NEW FOREX TRADERS; click here for more details. There are 2 webinar times this week.

Regards
Andrew

 


– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator