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Currency Strength and Weakness for Tuesday 5th March 2013

Discussion in 'Andrew Mitchem- Daily Strengths and Weaknesses' started by Andrew Mitchem, Mar 4, 2013.

  1. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

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    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.


    Overall there is strength in the NZD and some minor strength against some currencies in the GBP.

    Overall there is minor weakness in the USD, EUR, CAD and JPY.


    Trading Directions I am favouring for the next 24 hours

    Buy Trades - NZD/USD, NZD/JPY, GBP/AUD

    Sell Trades - EUR/NZD, AUD/NZD


    Happy Trading,
    Andrew


    - Andrew Mitchem
    The Forex Trading Coach
    Professional Forex Trader and Educator

    Learn How To Be Profitable with Forex Trading in the next 90 Days - FREE Webinar>>

     
  2. Aylaurent

    Aylaurent Recruit

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    [langtitle=fr]Recherche Broker Côte d'Ivoire[/langtitle]

    Je suis un trader débutant.

    Après 1 mois de formation au Forex et l'essai de 3 comptes démo, les brokers me refusent l'ouverture d'un compte réel car je réide en Côte d'Ivoire.
    Pouvez-vous me conseiller un broker travaillant avec la Côte d'Ivoire?

    Cordialement
     
  3. manny

    manny Private

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    thanks andrew!!:cool:
     
  4. Deborah Moon

    Deborah Moon Private, 1st Class

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    Hi Andrew, I was electrified on the cable yesterday :( Today am selling EUR/NZD and buying NZD/USD and selling GBP/AUD, surely AUD against GBP is strengthening ? ...also 200ema on hourly broken through....see how we go :)
     
  5. The_Snowman

    The_Snowman Banned for uncivilized racist postings

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    Yes, it is, but see what London brings, if goes below Weekly Pivot I will surely add on positions
     

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