Currency Strength and Weakness for Tuesday 7th May 2013

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.

FREE INTRODUCTION TO TRADING WEBINAR: If you are new to trading Forex then this is a must attend webinar for you. These will be the last webinars I will be holding until early June as I am heading over to India on holiday at the end of this week. When I return I will also be holding some more advanced webinars but the webinar this week are designed especially for newer traders. So if you've been trading for 6 months or less make sure you sign up.

(If you've already attended one of my free webinars in the past few months, there's no need to attend as these webinars will contain the same information).

Find out more by clicking on my signature at the bottom of this post.


Overall there is strength in the CAD and USD.

Overall there is weakness in the AUD, EUR and CHF.

Trading Directions I am favouring for the next 24 hours

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

Buy Trades – USD/CHF, CAD/CHF

Sell Trades – EUR/CAD, AUD/USD, AUD/CAD


To Your Trading Success.
Andrew


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

Learn how I do it>>

 
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