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Currency Strength and Weakness for Thursday 13th February 2014

Discussion in 'Andrew Mitchem- Daily Strengths and Weaknesses' started by Andrew Mitchem, Feb 12, 2014.

  1. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

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    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.


    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
    Professional Forex Trader and Educator

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

     
  2. IceHyena

    IceHyena Recruit

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    Hello Andrew,
    Your suggestions yesterday were bang on. (as they usually are) Made a 6.7% return on my account, the best yet. Thanks!
     
  3. hunter512

    hunter512 Recruit

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    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
     
  4. Alonedevils

    Alonedevils Master Sergeant

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    Where You Get That Data ?
     
  5. Alonedevils

    Alonedevils Master Sergeant

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    Thanks Andrew .. :)
    AUD Weaken Now Against USD (Sidney And Tokyo Sessions)
     
  6. hyiper

    hyiper Recruit

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    EUR is also showing strength AT 3:45 GMT.
    1=GBP
    2=JPY
    3=EUR
     
  7. james4real

    james4real Recruit

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    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.
     
  8. Bernhard33

    Bernhard33 Private, 1st Class

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    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?
     
  9. hyiper

    hyiper Recruit

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    Now at 9:40 GMT
    EUR and CHF are strong.
    AUD and USD are weak.
     
  10. Bernhard33

    Bernhard33 Private, 1st Class

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    were do you get it?

    Euro:
    ECB Monthly Report
    speaches are unpredictable. I dont like trade those
     

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