Currency Strength and Weakness for Thursday 21st May 2020

Andrew Mitchem

Special Consultant to the FPA
Messages
3,130
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.

For The Forex Trading Coach clients, login here https://theforextradingcoachcourse.com/ to get your exact entry and exit points for today’s recommended pairs.

Overall there is strength in the AUD, NZD, and CHF

Overall there is weakness in the GBP and USD, with minor weakness in the CAD and JPY



Trading Directions I am favouring for the next 24 hours

DISCLAIMER: My clients have full access to my trading strategy, including specific trades each day that include the exact entry, stop loss and profit targets.
Use your own trading strategy and look to take trades that setup in the same direction as my daily analysis. If you don’t have a trading strategy, just CLICK HERE and I’ll send you some information to help you out.


Buy Trades – EUR/USD, EUR/GBP, AUD/USD, AUD/JPY, AUD/CAD, CHF/JPY, NZD/USD, NZD/CAD, NZD/JPY

Sell Trades – GBP/CHF, GBP/AUD, GBP/CAD, GBP/NZD, USD/CHF



AMAZING FREE TRADING CALCULATOR:


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". Click on the link in my signature below to get your copy.

View more details by clicking on my signature at the bottom of this post.



To Your Trading Success.
Andrew


- Andrew Mitchem
The Forex Trading Coach
Download My Free Forex Tool>>

 
Hi Andrew. Thank you very much for your everyday trading suggestion. However, could you please share a little bit on how do you take the trade? I mean how do you confirm when you decided to take the trade base on the today's bias. For example today, you said Buy trade EUR/USD. What will you look so you will decided to open the position?
Thank you. I know i am asking too much for this, but thank you very much.
 
Back
Top