Currency Strength and Weakness for Wednesday 15th January 2014

Andrew Mitchem

Special Consultant to the FPA
Messages
3,129
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 NZD, EUR, USD and GBP.

Overall there is weakness in the AUD, JPY and CAD.


Trading Directions I am favouring for the next 24 hours


Buy Trades - EUR/JPY, EUR/AUD, EUR/CAD, EUR/CHF, GBP/JPY, GBP/AUD, GBP/CAD, NZD/JPY, USD/JPY, USD/CAD, USD/CHF

Sell Trades - AUD/USD, AUD/NZD


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:

"Have you been trading Forex for less than 6 months" ?
If this is you and you have not yet attended one of my free webinars then jump on board this week. If you'd would like some useful trading tips then this webinar is perfect for you. Learn some great trading tips from a Professional Forex trader.

Register now by clicking on my signature at the bottom of this post.


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:
Andrew, all due respect as always. If yesterday you make a point of telling the readership you had 12 out of 15 winners don't you think you should give equal time to the fact that today you had 13 suggestions, all losers? This is what I find disturbing about this page. Just give the suggestions, preferably not so many and cut out the sales pitch. The page looks like a used car lot.

Hi Turtle,

I didn't see any trades worth taking on the shorter time frame charts in the directions I mentioned yesterday - so although no profit for the day for me, there were also no loses either. That is the great thing with only selecting trades for the day in a given direction.


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

Learn how I do it>>

 
Last edited by a moderator:
Back
Top