Currency Strength and Weakness for Thursday 1st August 2013

Andrew Mitchem

Special Consultant to the FPA
Messages
3,144
Hi Traders,

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.

There is a public holiday in Switzerland today so be careful when trading the CHF pairs.

Overall there is strength in the EUR, CHF, JPY and CAD.

Overall there is weakness in the AUD and GBP with minor weakness in the USD.


Trading Directions I am favouring for the next 24 hours


Buy Trades - EUR/GBP, EUR/AUD

Sell Trades - GBP/CAD, GBP/CHF, AUD/JPY, AUD/NZD, AUD/CAD, AUD/CHF, USD/CHF


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


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".
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To Your Trading Success.
Andrew


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

Learn how I do it>>

 
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Lot Size Calculator

I am unable to download the tool, your website sends me in circles, the page that says "right click to download" doesn't function. I am using Firefox 22.0. Please advise, thanks.
 
I am unable to download the tool, your website sends me in circles, the page that says "right click to download" doesn't function. I am using Firefox 22.0. Please advise, thanks.

Hi mandycandy,
Sorry to hear that. I've just loaded up Firefox on Windows 7 and it works fine. What OS are you using?
Have you tried clicking on the link with the "left" button to see if that works?
If nothing else solves this for you, send me an email and I'll email you the script directly.


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

Learn how I do it>>

 
Last edited by a moderator:
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