Currency Strength and Weakness for Friday 9th August 2013

Andrew Mitchem

Special Consultant to the FPA
Messages
3,145
Hi Traders,

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 renewed strength in the AUD and CAD.

Overall there is weakness in the USD and JPY.


Trading Directions I am favouring for the next 24 hours


Buy Trades - AUD/USD, AUD/JPY, AUD/CHF, CAD/JPY, CAD/CHF, XAU/USD

Sell Trades - EUR/AUD, EUR/CAD, USD/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 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 on the link in my signature below.


I held a 2 hour live trading room webinar for my clients yesterday and we had a full room. 3 trades were taken live during the session and the main topic I covered was looking for exhaustion patterns. If you would like to know more about learning how to trade successfully for yourself, please take a look at my website and click onto the "Products" tab. You can access my website by clicking on the link in my signature below.


Have a fantastic weekend.
Andrew


- Andrew Mitchem
The Forex Trading Coach
30 minute a day "full time" forex trading?

Learn how I do it>>

 
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Hello Andrew. I have followed your trade directions over this last month, very impressed with the results, only been paper trading to see how it goes. Keep up the good work
 
Hello Andrew. I have followed your trade directions over this last month, very impressed with the results, only been paper trading to see how it goes. Keep up the good work

Hi esprits4
Thank you for your comments, it's great to hear you are going well from using my analysis. Please take a look through my site to see what I can help you achieve with your trading. You will find my course options on the "Products" page. My video course is the most popular option to choose.

Have a great weekend.


- Andrew Mitchem
The Forex Trading Coach
30 minute a day "full time" forex trading?

Learn how I do it>>

 
Last edited by a moderator:
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