Currency Strength and Weakness for Friday 30th August 2013

Andrew Mitchem

Special Consultant to the FPA
Messages
3,139
Hi Traders,

What an excellent day’s trading it was yesterday. Personally I had one of my best trading days for a while on the shorter time frame charts with many high quality trade setups on the H4 and H1 charts yesterday resulting in some great profits. High reward:risk trades and a high win rate. I've also received numerous emails today from my coaching clients telling me about their successful trades. If you'd like to know more, just contact me


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 USD, GBP and AUD.

Overall there is weakness CHF, EUR, JPY, NZD and CAD.
.


Trading Directions I am favouring for the next 24 hours


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

Sell Trades - EUR/USD, EUR/GBP, EUR/AUD, NZD/USD


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:
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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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Hi Traders,

What an excellent day’s trading it was yesterday. Personally I had one of my best trading days for a while on the shorter time frame charts with many high quality trade setups on the H4 and H1 charts yesterday resulting in some great profits. High reward:risk trades and a high win rate. I've also received numerous emails today from my coaching clients telling me about their successful trades. If you'd like to know more, just

OMG, laying it on thick today, excuse me while I go vomit :(

Self-praise is no recommendation

You may be proud of your achievements; you may have a very high opinion of yourself; you may think that others should be made to realize what a fine fellow you are. But nobody will ever have a high opinion of you if you have too high an opinion of yourself, because a person who praises himself is never believed.
 
hi andrew... U'r suggestions very good 4 me... that can help me take profit but only in 6am-8am indonesia time. some times can after lunch.. will wait U'r daily suggestions... thanks
 
hi andrew... U'r suggestions very good 4 me... that can help me take profit but only in 6am-8am indonesia time. some times can after lunch.. will wait U'r daily suggestions... thanks

Hi,

I write a new post each day of the trading week. Today's post (Monday 2nd September) is on a new post rather than on this post.


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

Learn how I do it>>

 
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