Andrew Mitchem
Special Consultant to the FPA
- Messages
- 3,144
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.
As is often the case, Monday provided very little price action which makes selecting high probability trades a difficult process for today. Today is a day to be concentrating on the shorter time frame charts and/or having a day away from trading.
Overall there is mild strength in the USD and CAD.
Overall there is mild weakness in the AUD and JPY.
Trading Directions I am favouring for the next 24 hours
Buy Trades - USD/JPY, CAD/JPY
Sell Trades - None
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 help.
FREE TRADING WEBINARS:
If you're a frustrated trader, feeling like you're ready to give it all up or you're someone who's been trading for 6 to 12 months or more and you're feeling like you're not achieving the kind of profits you should be - then this webinar is perfect for you. There are 2 webinar times this week.
Register now by clicking on my signature at the bottom of this post and select the "Attend my Free Training Webinar" link on the left side of the page.
To Your Trading Success.
Andrew
- Andrew Mitchem
The Forex Trading Coach
30 minute a day "full time" forex trading?
Learn how I do it>>
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, Monday provided very little price action which makes selecting high probability trades a difficult process for today. Today is a day to be concentrating on the shorter time frame charts and/or having a day away from trading.
Overall there is mild strength in the USD and CAD.
Overall there is mild weakness in the AUD and JPY.
Trading Directions I am favouring for the next 24 hours
Buy Trades - USD/JPY, CAD/JPY
Sell Trades - None
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 help.
FREE TRADING WEBINARS:
If you're a frustrated trader, feeling like you're ready to give it all up or you're someone who's been trading for 6 to 12 months or more and you're feeling like you're not achieving the kind of profits you should be - then this webinar is perfect for you. There are 2 webinar times this week.
Register now by clicking on my signature at the bottom of this post and select the "Attend my Free Training Webinar" link on the left side of the page.
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:
