Currency Strength and Weakness for Thursday 18th September 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.

Overall there is strength in the USD, GBP and CAD.

Overall there is weakness in the AUD, NZD and JPY.


Trading Directions I am favouring for the next 24 hours


Buy Trades – CAD/JPY, USD/JPY, USD/CHF, CAD/CHF, GBP/JPY, GBP/AUD, GBP/NZD, GBP/CHF (be careful trading the GBP for the rest of the week due to the Scottish Independence Referendum)

Sell Trades – EUR/USD, AUD/USD, AUD/CAD, NZD/USD, NZD/CAD, XAU/USD


VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given above. 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.



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.


Andrew

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

 

[bumblebeefx]

Hi Andrew,
I'm new here at FPA , but been trading Forex for long time , over 8 years now. Very interesting post you have, will help a lot of new traders.
Thank You !

 

[bickair]

Excellent

I first started to follow your steps and I'm actually quite impressed. Thank you very much for your recommendations. Have been very successful.

PD: Sorry for my english.

Regards from Chile.

Pablo R.

 

[bickair]

I first started to follow your steps and I'm actually quite impressed. Thank you very much for your recommendations. Have been very successful.

PD: Sorry for my english.

Regards from Chile.

Pablo R.

 

[piggywiggy]

Oh, yes. Very, very impressive.

 

[Andrew Mitchem]

Hi Andrew,
I'm new here at FPA , but been trading Forex for long time , over 8 years now. Very interesting post you have, will help a lot of new traders.
Thank You !

Hi bumblebeefx,

Thank you for your comment. I hope my analysis helps you along with all those new traders out there.

---

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

 

[Andrew Mitchem]

I first started to follow your steps and I'm actually quite impressed. Thank you very much for your recommendations. Have been very successful.

PD: Sorry for my english.

Regards from Chile.

Pablo R.

Hi Pablo,

Thank you, I'm pleased this helps your trading.

(Your English is excellent - far better than most English speaking people!)

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