Currency Strength and Weakness for Friday 7th February 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.


Today we see the February release of the US Non-Farm Employment Change (NFP) so be careful with any open trades around that time.

Overall there is strength in the EUR, CHF, AUD and NZD.

Overall there is weakness in the JPY and USD.


Trading Directions I am favouring for the next 24 hours


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

Sell Trades - None


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:
AMAZING FREE TRADING TOOL: Download your own FREE copy of my MT4 trading tool which will help you trade with low risk per trade, remove much of the emotion involved with taking trades and take away the focus on making "Pips".
Download your FREE copy now by clicking on the link in my signature below.


Have a fantastic weekend.

Andrew

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

 

[maxwelll]

Hello Andrew
I'm new here and thank you very much for suggestions . I wonder where I could get the free copy of your MT4 trading tool. very best regards , Max

 

[Andrew Mitchem]

Hello Andrew
I'm new here and thank you very much for suggestions . I wonder where I could get the free copy of your MT4 trading tool. very best regards , Max

Hi Maxwelll

Please click on this link below on my signature to download the calculator.

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

 

[RunForexRun]

thank you Andrew for these information, it's really efficient!
though I can't get the tool, the link seems turn in loop!

 

[FXMastermind]

A nice drop on the AUSUSD pair in this mornings Asian session netting some very nice pips!

 

[Andrew Mitchem]

thank you Andrew for these information, it's really efficient!
though I can't get the tool, the link seems turn in loop!

Hi, Please email me directly and I'll send you the script.

andrew@TheForexTradingCoach.com

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

 

[tim61468]

Snagged about 25 pips buying the AUD/USD pair.. nice call!