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Trader makes $7,200 from one trade – Currency Strength and Weakness for Thursday 26th September 2013

BY , , , , , , , ,

Hi Traders, 

I wanted to share with you an email that I received today from a FPA member:

“I liked the NZD/USD tip. The only one I liked, and I made enough to pay for the G-50 trans rebuild on my aged Porsche Carrera, I pick it up tomorrow, and we are talking $7,200 USD!”

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 GBP, EUR, CHF and JPY.

Overall there is weakness in the NZD, AUD, CAD and the USD (against some currencies).

Trading Directions I am favouring for the next 24 hours

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

Sell Trades – AUD/JPY, AUD/CHF, NZD/JPY, USD/CHF, CAD/JPY, CAD/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 some suggestions

Here's something to help you trade with low risk:
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To Your Trading Success.
Andrew

 


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