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Currency Strength and Weakness for Friday 7th December 2018 – The US Jobs News Release on Friday

Discussion in 'Andrew Mitchem- Daily Strengths and Weaknesses' started by Andrew Mitchem, Dec 6, 2018 at 5:55 PM.

  1. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

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    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.


    Overall there is strength in the CHF and JPY, with minor strength in the EUR and GBP

    Overall there is weakness in the AUD, CAD, NZD and USD



    Trading Directions I am favouring for the next 24 hours


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

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



    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.


    A free copy of my Forex journey "From Dairy Farmer to Forex Trader" is available on video, mp3 or PDF file by clicking on my signature below.

    The book has a 4 star rating on Amazon - see here


    Have a fantastic weekend.

    Andrew


    - Andrew Mitchem
    The Forex Trading Coach
    Professional Forex Trader and Educator

    My Forex Journey “From Dairy Farmer to Forex Trader” e-Book, Videos, and MP3 Files >>

     
  2. Digs888

    Digs888 Recruit

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    Thank you Andrew. A good trade for me would be short on EURAUD now, which is against your direction. TP=SL=60 PIPS.
     
  3. Digs888

    Digs888 Recruit

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    Your direction on this currency pair was right.
     

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