Currency Strength and Weakness for Friday 30th September 2016

[Andrew Mitchem]

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 CHF, with minor strength in the EUR and USD


Overall there is weakness in the AUD, GBP, CAD, NZD and JPY



DISCLAIMER: My clients have full access to my trading strategy, including specific trades each day that include the exact entry, stop loss and profit targets.

Use your own trading strategy and look to take trades that setup in the same direction as my daily analysis. If you don’t have a trading strategy, just CLICK HERE and I’ll send you some information to help you out.




Buy Trades – EUR/GBP, EUR/AUD, EUR/NZD, EUR/CAD, CHF/JPY


Sell Trades – GBP/USD, GBP/CHF, AUD/USD, AUD/CHF, NZD/CHF, USD/CHF, CAD/CHF



MY #1 FOREX TRADING STRATEGY:


If you want my #1 Forex Trading Strategy for free. Click on the signature below and you will have instant access



To Your Trading Success.

Andrew

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

 

[Nik22]

Hi!
You suggestions not working at all.Your title<Weakness_in_the_Pound_while_the_CHF_strengthens> & we have absolutely different result.I don't know how you determine this but in reality it's not working.Can you explain this?

 

[Nik22]

 

[Andrew Mitchem]

Nik22,

I'm not sure what you are judging your comments on here by saying my suggestions are not working?

What is your trading style?
How are you using my daily analysis?
What time frame charts are you trading?

Maybe a bit more of an explanation and I'll be able to help more.

---

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

 

[kavinda]

Dear sir


i am following your analysis of the Currency Strengths and Weaknesses every day since 1 month

i trade in daily chart with TP 30 Pips & SL 20 lot of day i am win majority. but on 30/092016 was wash out by SL.


i don’t no what happen please sir is what is best way trade with your analysis of the Currency Strengths and Weaknesses. as a sri lankan a also believing with cricket. i always appreciate your hard work by given this analysis.



Thanks


kavinda

 

[Andrew Mitchem]

Dear sir


i am following your analysis of the Currency Strengths and Weaknesses every day since 1 month

i trade in daily chart with TP 30 Pips & SL 20 lot of day i am win majority. but on 30/092016 was wash out by SL.


i don’t no what happen please sir is what is best way trade with your analysis of the Currency Strengths and Weaknesses. as a sri lankan a also believing with cricket. i always appreciate your hard work by given this analysis.



Thanks


kavinda

Hi Kavinda,

Great to see you are a cricket fan. I have walked around the outfield during 2 Sri Lanka v's NZ 20/20 games back in 2009 with Percy in Colombo. He was carrying my NZ flag and I was carrying his Sri Lankan flag - amazing experience. Luckily NZ won both games.

Now to the trading.

Forget the number of pips and don't risk 20 pips as a rule on all trades as it's meaningless.

The stop loss should be different on each trade according to where you see as a safe place - if the pair gets to that price, you accept you are wrong. Same with the t/p level. Aim for a level for a reason, not just because it is 30 pips away.

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