Currency Strength and Weakness for Tuesday 1st March 2022

[Andrew Mitchem]

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.

For The Forex Trading Coach clients, login here https://theforextradingcoachcourse.com/ to get your exact entry and exit points for today’s recommended pairs.


Overall there is strength in the AUD, NZD and CHF

Overall there is weakness in the USD and JPY


DISCLAIMER: My clients have full access to my trading strategy, including specific trades each day that include the exact entry, stop loss and profit targets.

Use your own trading strategy and look to take trades that setup in the same direction as my daily analysis. If you don’t have a trading strategy, just CLICK HERE and I’ll send you some information to help you out.

Buy Trades – NZD/USD, NZD/JPY, AUD/USD, AUD/JPY, CHF/JPY

Sell Trades – USD/CHF, USD/CAD, GBP/AUD, GBP/NZD


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.

View more details by clicking on my signature at the bottom of this post.

To Your Trading Success.
Andrew

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- Andrew Mitchem
Are you About to Give Up Trading?
Before You Do, Attend my Free Webinar>>

 

[Freddie Lottering]

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.

For The Forex Trading Coach clients, login here https://theforextradingcoachcourse.com/ to get your exact entry and exit points for today’s recommended pairs.


Overall there is strength in the AUD, NZD and CHF

Overall there is weakness in the USD and JPY


DISCLAIMER: My clients have full access to my trading strategy, including specific trades each day that include the exact entry, stop loss and profit targets.

Use your own trading strategy and look to take trades that setup in the same direction as my daily analysis. If you don’t have a trading strategy, just CLICK HERE and I’ll send you some information to help you out.

Buy Trades – NZD/USD, NZD/JPY, AUD/USD, AUD/JPY, CHF/JPY

Sell Trades – USD/CHF, USD/CAD, GBP/AUD, GBP/NZD


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.

View more details by clicking on my signature at the bottom of this post.

To Your Trading Success.
Andrew

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- Andrew Mitchem
Are you About to Give Up Trading?
Before You Do, Attend my Free Webinar>>

Andrew, I don't know what happened yesterday with the GBPNZD...I was in a sell trade the whole day and noticed this #@*% of a Pound strength coming from nowhere like a hurricane that meticulously wiped out my trade with a massive $ 3000 loss (stop loss and all) Now I looked at the news calendars to see if I had missed anything and still could not find a calculated reason for this GBP strength; Any opinion on this? FRED

 

[Andrew Mitchem]

Hi Freddie,

I don't see any spikes on my GBP/NZD charts. The pair has been in a massive down trend for a few weeks, so taking a short position was likely a good choice. Being a sell trade, it may be your brokers spread which caused the issue. Time for a call with them?