Currency Strength and Weakness for Tuesday 12th November 2013

Andrew Mitchem

Special Consultant to the FPA
Messages
3,149
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.


As is often the case on a Tuesday, there are very few good quality setups due to the lack of clear activity on Monday. Yesterday was a quiet trading day for many pairs.



Overall there is strength in EUR and CHF.

Overall there is weakness in the AUD and GBP.


Trading Directions I am favouring for the next 24 hours

Buy Trades - EUR/GBP, EUR/AUD

Sell Trades - GBP/CHF, AUD/CHF


VERY IMPORTANT- PLEASE READ: 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 help.


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Register now 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?

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Last edited by a moderator:
Beautiful calls today. I should have paid more attention.

2 buys and 2 sells a day. That I can deal with.

Hi turtle360

Thank you for your comment, not a bad day at the office with many great setups on these pairs over the last day. A very profitable day indeed!


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

Learn how I do it>>

 
Last edited by a moderator:
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