Currency Strength and Weakness for Thursday 24th October 2013

Andrew Mitchem

Special Consultant to the FPA
Messages
3,145
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 renewed strength in USD and JPY plus strength continues in the EUR and CHF.

Overall there is weakness in the AUD and NZD plus weakness continues in the CAD.


Trading Directions I am favouring for the next 24 hours


Buy Trades - EUR/GBP, EUR/AUD, EUR/NZD, EUR/CAD, USD/CAD

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


Here's something to help you trade with low risk:
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- Andrew Mitchem
The Forex Trading Coach
30 minute a day "full time" forex trading?

Learn how I do it>>

 
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This is the most impressive array of daily trade suggestions I have ever seen. I've only dabbled in the NZDJPY, but this is a virtual cornucopia of profitable trades. It's apple picking season. Not a lemon in the bunch. (EURNZD a cherry)

Hi turtle360,

It's great when you get good "apple picking" days in the market. I hope you made some good profits today.


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

Learn how I do it>>

 
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