Currency Strength and Weakness for Thursday 13th February 2014

Andrew Mitchem

Special Consultant to the FPA
Messages
2,188
Hi Forex Trader,

Thank you for the emails that I receive. It's great to know that my posts here on FPA are helping so many people. Yesterday was another day that offered some great opportunities to trade in the direction anticipated.

Here is a screenshot of trades that I took - Click Here or on the image below

13th_February_2014_Trades.png


I have just released the sixth chapter of my new book "From Dairy Farmer to Forex Trader" where I share my Forex journey. The aim of the book is to short cut your own learning process and to show you how anyone can become a profitable Forex trader if they really want to enough.

Chapter 6 "Starting From Scratch Again" is available to view on video, to listen to via an MP3 download or to read via a PDF file.

Please click on my signature at the bottom of this post for more details.


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 GBP with the JPY showing minor strength.

Overall there is weakness in the EUR, CHF and AUD.



Trading Directions I am favouring for the next 24 hours


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

Sell Trades - EUR/GBP





Have a great day

Andrew


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

Learn how I do it>>

 
Last edited by a moderator:

IceHyena

Recruit
Messages
3
Hello Andrew,
Your suggestions yesterday were bang on. (as they usually are) Made a 6.7% return on my account, the best yet. Thanks!
 

hunter512

Recruit
Messages
1
Hi Andrew Mitchem,
thanks for your currency Strenth and Weakness strategy.
its working great.. can you teach us little bit how you take analysis, and which indicators are you use to do this.
thanks & regards
Hunter
 

Alonedevils

Master Sergeant
Messages
277
As for your phoney screen shots how about these from last summer? Remember these 56 consecutive trades from August 22 till Sept 11? 4 saw a profit, 7 never got filled, and 45 got stopped out for full losses including a string of 36 straight trades of which 35 were losers. Look familiar?
22-Aug AUDUSD sell MO 8978 8905 73 9008 30 stopped
sell RO 8995 8905 90 9035 40 stopped
23-Aug CADCHF sell MO 8776 8716 60 8806 30 stopped
sell RO 8790 8716 74 8821 31 deleted
23-Aug AUDJPY buy MO 8896 9024 128 8842 54 stopped
buy RO 8854 9024 170 8795 59 deleted
27-Aug AUDNZD sell MO 11492 11428 64 11530 38 stopped
sell RO 11517 11428 89 11556 39 stopped
27-Aug CHFJPY sell MO 10671 10614 57 10690 19 full profit
sell RO 10678 10614 64 10707 29 deleted
27-Aug EURNZD sell MO 17017 16868 149 17075 58 stopped
sell RO 17059 16868 191 17119 60 stopped
28-Aug EURUSD buy MO 13390 13440 50 13362 28 stopped
buy RO 13372 13440 68 13345 27 stopped
28-Aug USDCHF sell MO 9173 9136 37 9196 23 stopped
sell RO 9186 9136 50 9210 24 stopped
28-Aug GBPCHF sell MO 14261 14175 86 14310 49 stopped
sell RO 14290 14175 115 14333 43 stopped
29-Aug EURGBP sell MO 8592 8525 67 8608 16 full profit
sell MO 38% 8592 8525 67 8625 33 full profit
30-Aug GBPCAD buy MO 16340 16380 40 16304 36 stopped
buy RO 16315 16380 65 16287 28 stopped
30-Aug NZDUSD sell MO 7750 7705 45 7790 40 stopped
sell RO 7778 7705 73 7808 30 stopped
30-Aug USDCAD buy MO 10540 10572 32 10509 31 stopped
buy RO 10518 10572 54 10494 24 stopped
3-Sep EURJPY buy MO 0 0 stopped
buy RO 0 0 stopped
3-Sep CHFJPY buy MO 0 0 stopped
buy RO 0 0 stopped
3-Sep XAGUSD buy MO 0 0 stopped
buy RO 0 0 deleted
4-Sep AUDNZD buy MO 0 0 stopped
buy RO 0 0 deleted
4-Sep XAUUSD buy MO 0 0 stopped
buy RO 0 0 stopped
5-Sep EURUSD buy MO 0 0 stopped
buy RO 0 0 stopped
5-Sep CHFJPY buy MO 0 0 stopped
buy RO 0 0 stopped
6-Sep EURUSD sell MO 0 0 stopped
sell RO 0 0 stopped
9-Sep XAGUSD buy MO 0 0 stopped
buy RO 0 0 stopped
9-Sep XAUUSD buy MO 0 0 stopped
buy RO 0 0 deleted
10-Sep CADCHF sell MO 0 0 stopped
sell RO 0 0 stopped
11-Jun GBPCHF buy MO 14710 14759 49 14675 35 full profit
buy RO 0 0 deleted
11-Sep EURAUD sell MO 0 0 stopped
sell RO 0 0 stopped
11-Sep AUDCHF buy MO 0 0 stopped
buy RO 0 0 stopped
11-Sep USDJPY buy MO 0 0 stopped
buy RO 0 0 stopped
Where You Get That Data ?
 

Alonedevils

Master Sergeant
Messages
277
Hi Forex Trader,

Thank you for the emails that I receive. It's great to know that my posts here on FPA are helping so many people. Yesterday was another day that offered some great opportunities to trade in the direction anticipated.

Here is a screenshot of trades that I took - Click Here or on the image below

View attachment 13361


I have just released the sixth chapter of my new book "From Dairy Farmer to Forex Trader" where I share my Forex journey. The aim of the book is to short cut your own learning process and to show you how anyone can become a profitable Forex trader if they really want to enough.

Chapter 6 "Starting From Scratch Again" is available to view on video, to listen to via an MP3 download or to read via a PDF file.

Please click on my signature at the bottom of this post for more details.


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 GBP with the JPY showing minor strength.

Overall there is weakness in the EUR, CHF and AUD.



Trading Directions I am favouring for the next 24 hours


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

Sell Trades - EUR/GBP





Have a great day

Andrew


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

Learn how I do it>>

Thanks Andrew .. :)
AUD Weaken Now Against USD (Sidney And Tokyo Sessions)
 
Last edited by a moderator:

james4real

Recruit
Messages
4
Your prediction are fantastic

I must commend your effort about the currency strength and weaken,but please i need your indicator for right entry
thanks.
 

Bernhard33

Private, 1st Class
Messages
42
my post from yesterday was lost. hope it works now.
your predictions looks fine for me just one problem. I am at London time zone and this is about 12h out with your location. So mostly the pairs already got a move and it is too late for me to enter. Is it asked too much to make an update for European traders?
 
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