Currency Strength and Weakness for Tuesday 10th June 2014

Andrew Mitchem

Special Consultant to the FPA
Messages
3,148
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.

Please note: I will not be able to post my daily analysis tomorrow (Wednesday) until the European session, sorry for any inconvenience.

My suggestions are posted by 6pm EST each day.

Overall there is strength in the CAD, AUD, USD and GBP

Overall there is weakness in the EUR and CHF


Trading Directions I am favouring for the next 24 hours


Buy Trades – GBP/CHF, AUD/CHF, USD/CHF, CAD/CHF

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


VERY IMPORTANT- PLEASE READ: These are not specific trades. Do not blindly place trades in the directions given above. 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 help.


FREE TRADING WEBINARS FOR FRUSTRATED TRADERS:

Are you a frustrated trader, feeling like you're ready to give it all up?

Have you been trading for 6-12 months or more and you're feeling like you're not achieving the kind of profits you should be?

If the answer to either question is "yes" then this webinar is perfect for you. There are 2 webinar times this week.


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
30 minute a day "full time" forex trading?

Learn how I do it>>

 
Last edited by a moderator:
Snagged about 40 pips on the USD/CHF pair and got out of a hedge on the EUR/USD pair with about 10 pips profit. Nice call!
 
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