Currency Strength and Weakness for Wednesday 28th May 2014

[Andrew Mitchem]

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 AUD and NZD.

Overall there is weakness in the GBP and CHF.


Trading Directions I am favouring for the next 24 hours


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

Sell Trades - GBP/USD, GBP/JPY, GBP/AUD, GBP/NZD, EUR/AUD, CHF/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 some suggestions


FREE FOREX WEBINARS THIS WEEK FOR NEW FOREX TRADERS; click on my signature at the bottom of this post for more details. There are 2 webinar times this week.


Regards
Andrew

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- Andrew Mitchem
The Forex Trading Coach
30 minute a day "full time" forex trading?
Learn how I do it>>

 

[Brett Reynolds]

Things have rapidly changed...just in the last few weeks! My God. I've found a a couple of new info scources and changed my trading style. Basically now on 4 hr chart in combo with overall Daily trends, technical pattern and your Daily strengths & weakness. Lets see if this is a flash in the pan!?

 

[Xgen7]

Thank you Andrew.


Xgen7

 

[Andrew Mitchem]

Things have rapidly changed...just in the last few weeks! My God. I've found a a couple of new info scources and changed my trading style. Basically now on 4 hr chart in combo with overall Daily trends, technical pattern and your Daily strengths & weakness. Lets see if this is a flash in the pan!?

Hi Brett,

I'm pleased to hear your trading style has changed. I think you'll find your trading more enjoyable and more profitable now.

---

- Andrew Mitchem
The Forex Trading Coach
30 minute a day "full time" forex trading?
Learn how I do it>>

 

[Andrew Mitchem]

Thank you Andrew.


Xgen7

Hi Xgen7

I hope you picked up some good profit from my analysis - the GBP pairs moved well.

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- Andrew Mitchem
The Forex Trading Coach
30 minute a day "full time" forex trading?
Learn how I do it>>