Currency Strength and Weakness for Thursday 5th September 2013

[Andrew Mitchem]

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.

Here's a screenshot showing trades from one of my live accounts yesterday - CLICK HERE
Notice how the trades are taken in the same direction as the likely strengths and weaknesses.


My suggestions are posted by 6pm EST each day.


Overall there is strength in the AUD, NZD, GBP and CAD.

Overall there is weakness JPY and USD.


Trading Directions I am favouring for the next 24 hours


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

Sell Trades - EUR/AUD, EUR/NZD, USD/CAD


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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Download your FREE copy Now by clicking on the link at the bottom of my signature below.


To Your Trading Success.
Andrew

---

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

 

[hanover]

Here's a screenshot showing trades from one of my live accounts yesterday - CLICK HERE View attachment 11064
Notice how the trades are taken in the same direction as the likely strengths and weaknesses.

Impressive result --- 8 wins from 8 closed trades, AND with R:Rs ranging from 1.2:1 to 3.6:1

 

[Andrew Mitchem]

Impressive result --- 8 wins from 8 closed trades, AND with R:Rs ranging from 1.2:1 to 3.6:1

Hi Hanover,

Thank you for your comments. It shows what can be achieved when trading good candle patterns, trading with the probable direction, keeping your risk per trade very low and ensuring you have high Reward:Risk trades.

It also shows that you don't need to be sat watching the screen all day and night. Life's for living, trading helps achieve that!

---

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

 

[shogunfx]

World Wide – USD$15,000 per person for Small Group Coaching ????????????
Don't you think is too expensive?
I learned to trade alone from free resources in 2 years, 8 hours/day.

 

[Andrew Mitchem]

World Wide – USD$15,000 per person for Small Group Coaching ????????????
Don't you think is too expensive?
I learned to trade alone from free resources in 2 years, 8 hours/day.

Hi Shogunfx
Not really if you want me to fly to where ever you live in the world and teach you privately or in a small group. When I travel I can't trade as much and I'm away from my family.

Probably the best option - which is what 95% of all clients take is my online video course. The information is exactly the same, the follow up and on-going information is the same and you have unlimited access to it which at USD$1,997 makes it far cheaper.

However like most things in life, there are options to suit every requirement. I've been around New Zealand and to Australia, Sri Lanka, France, Spain and the UK to teach private individuals. None of these people hesitated at the price as for them the service was well worth the investment.

It's no different to people buying different houses or cars etc. Everyone has different tastes.

---

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

 

[shogunfx]

If you travel to your students I understand. Only a trip to my country (Romania) and back will cost you 6000 $. Plus hotels and food.... your right.
But in your site I didn't understand that you travel.