Currency Strength and Weakness for Tuesday 28th March 2017 – The GBP looks strong today

Andrew Mitchem

Special Consultant to the FPA
Messages
3,145
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.



Overall there is strength in the GBP


Overall there is weakness in the CAD, AUD and USD





Trading Directions I am favouring for the next 24 hours


IMPORTANT: Just to let you know that Monday's trade analysis, when the market opens at the beginning of the new week (Sunday if you are in the US/Europe) are usually the hardest to pick and if you wanted a day off trading, that would generally be the day to choose. The reason being; I am looking at the previous week's prices and the new open prices for the week when making my analysis on a Monday and of course many things can happen between the close of the market one week and the opening of the market the next week and the market sentiment can often change. Just bear this in mind each Monday (Sunday US time)



Buy Trades – EUR/AUD, EUR/CAD, GBP/USD, GBP/JPY, GBP/AUD, GBP/CAD


Sell Trades – AUD/NZD, AUD/CHF




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.



WEEKLY FOREX TRADING VIDEO and iTUNES PODCAST:


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Find out more by clicking by signature below.



Have a great week ahead.

Andrew Mitchem


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

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Last edited by a moderator:
Every forex pair was wrong Tuesday. In fact, most of the time, your picks are wrong. I will no longer visit this site
or trade on your recommendations. Your recommendations should be used as a contrarian. You say buy, then just sell it.. You say sell, then just buy it. There is no way any of your followers are making money. The only party making money is you from your fees.

I have followed your site for months now and have lost too much money to even count. So long!!
 
That may be right but you lost 2% on Tuesday. Your method was right one day and then down the other
four or more. Do the math.
 
Every forex pair was wrong Tuesday. In fact, most of the time, your picks are wrong. I will no longer visit this site
or trade on your recommendations. Your recommendations should be used as a contrarian. You say buy, then just sell it.. You say sell, then just buy it. There is no way any of your followers are making money. The only party making money is you from your fees.

I have followed your site for months now and have lost too much money to even count. So long!!

Yeah man, I too have followed him for months and came to the conclusion that his predictions are not accurate at all. I even made some statistics. If you see a currency going up (down) today, he will predict strength (weakness) on that currency for the next 24 hours. Check this out, it is so true.

The only reasonable way to test his predictions is by checking the day (24h) candles. If he says buy, I expect bullish candle (assuming that the prediction came right at the start of the day). By this logic I tested his predictions for the past 3 months at that time. Guess what, about 50% of the time he was right 50% wrong. According to him he is always right. If he said buy and the pair goes down 10 pips and then up 1 pip, he will say he guessed it right. Check out Sive Morten's videos. From my experience it is worth it.
 
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