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Currency Strength and Weakness for Thursday 21st February 2013

Discussion in 'Andrew Mitchem- Daily Strengths and Weaknesses' started by Andrew Mitchem, Feb 20, 2013.

  1. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

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    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.


    Overall there is strength in the USD and JPY

    Overall there is weakness in the GBP, NZD, AUD and EUR and minor weakness in the CHF



    Today’s Trading Pairs - Likely Strengths and Weaknesses

    Buy Trades - USD/CAD, USD/CHF

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


    Happy Trading,
    Andrew


    - Andrew Mitchem
    The Forex Trading Coach
    Professional Forex Trader and Educator

    Learn How To Be Profitable with Forex Trading in the next 90 Days - FREE Webinar>>

     
  2. manny

    manny Private

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    Hi Andrew, its now becoming my habit to wait for your suggestion to aid my ichi trading strategy. I nailed two wins again yesterday. Thanks alot mate.:cool:
     
  3. 4xpipsense

    4xpipsense Private

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    Thank you very much. I hit another win in your yesterday's posts. This is really helpful.
    Your webinar was cooooo....l, but I need to re-watch it.
     
  4. dave32

    dave32 Recruit

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    im getting the suggestions around 7pm, looking at my eur/usd, this suggestion is after the market has already went down over 50 pips, seems the suggestions are to little to late
     
  5. tarunbhool

    tarunbhool Recruit

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    Ok lemme go and pair this with my tech strategies and place a few trades...
     
  6. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

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    Hi dave32,

    The suggestions were in fact posted here at 5:31pm EST (New York Time) today, which is 30 minutes ahead of the scheduled time. That may be 7pm for you but that depends upon where you live.

    I hope this helps.

    Andrew


    - Andrew Mitchem
    The Forex Trading Coach
    Professional Forex Trader and Educator

    Learn How To Be Profitable with Forex Trading in the next 90 Days - FREE Webinar>>

     
  7. JohnnyInamoto

    JohnnyInamoto Recruit

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    Hey Andrew,

    Does this mean that we should not follow your signals if we trade the London session which is a good 11-12 hours after you post your analysis?

    Thanks
    Johnny
     
  8. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

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    Hi Johnny,

    Thanks for your question. The strengths and weakness analysis that I make here are valid for 24 hours from the time I make my suggestions, so that would include the European session.



    - Andrew Mitchem
    The Forex Trading Coach
    Professional Forex Trader and Educator

    Learn How To Be Profitable with Forex Trading in the next 90 Days - FREE Webinar>>

     
  9. JohnnyInamoto

    JohnnyInamoto Recruit

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    Thanks Andrew :)
     
  10. doncj

    doncj Recruit

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    merci beaucoup
     

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