Currency Strength and Weakness for Thursday 17th October 2013

Andrew Mitchem

Special Consultant to the FPA
Messages
3,130
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 strength in the NZD, CAD, AUD and some minor strength in the EUR.

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


Trading Directions I am favouring for the next 24 hours


Buy Trades - EUR/JPY, EUR/GBP, CAD/JPY, CAD/CHF, AUD/JPY, NZD/USD, NZD/JPY

Sell Trades - GBP/AUD, GBP/NZD, GBP/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 some suggestions


FREE TRADING WEBINAR: Wednesday 23rd October
Are you a frustrated trader, feeling like you're ready to give it all up?
Have you been trading for 6-12 months or more and you're feeling like you're not achieving the kind of profits you should be?

If the answer to either question is "yes" then this webinar is perfect for you. There are now less than 100 places left for this webinar.

Register now by clicking on my signature at the bottom of this post and select the "Attend my Free Training Webinar" link on the left side of the page.


To Your Trading Success.
Andrew


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

Learn how I do it>>

 
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Thanks for all work and Indigence in Trend direction ....You have really help me to improve my Trading style
 
USD/CAD call kept me in the trade longer than I would have been resulting in three times my profit target... nice call.
 
Thanks for all work and Indigence in Trend direction ....You have really help me to improve my Trading style

Hi sukky,

Thank you for letting me know - that's great news. Keep up the good trades.


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

Learn how I do it>>

 
Last edited by a moderator:
USD/CAD call kept me in the trade longer than I would have been resulting in three times my profit target... nice call.

Hi Prof8,

Yes the USD/CAD was a great run to be on. I held a live 2.5 hr webinar for my clients last night NZT and we had USD/CAD sell trades on which hit full profit.

Pleased you were able to make 3 times your original profit with the help of my call.


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

Learn how I do it>>

 
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