Currency Strength and Weakness for Wednesday 18th September 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.


The market is still fairly quiet and indecisive but at least today there are a few signs to help us trade over the next 24 hours.

Overall there is strength in NZD with minor strength in the AUD and CAD.

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


Trading Directions I am favouring for the next 24 hours


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

Sell Trades - GBP/NZD, GBP/AUD, EUR/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



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To Your Trading Success.
Andrew


- Andrew Mitchem
The Forex Trading Coach
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Last edited by a moderator:
It has been brought to my attention that there is a pair of posters in Andrew's threads that seem to have a lot in common with each other, including numerous IP overlaps.

I hope that no one would use multiple accounts to try to cause any issues or disrupt the forums. Use of multis without my specific permission can lead to permanent bans on all accounts involved.
 
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