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Currency Strength and Weakness for Wednesday 20th February 2013

Discussion in 'Andrew Mitchem- Daily Strengths and Weaknesses' started by Andrew Mitchem, Feb 19, 2013.

  1. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

    Sep 27, 2012
    Likes Received:
    Hi CFLFX

    What would you like to know. Please clarify your question.

    As a FX trader and coach, I don't spend my day tied to the computer. That's why I mostly look at D1 and H4 charts. I have better things to do outside. It's summer here in New Zealand and my pool is in frequent use right now.

    My coaching clients always come first and I will (in 99% of cases) respond to their questions within 24 hours.

    I will login to this site a couple of times a day but no more. (and thank you Syrah for your quote - very true my friend)

    Hope this helps

    - 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. Drew123

    Drew123 Recruit

    Aug 8, 2012
    Likes Received:
    Hi Guy's & Gals
    I attended Andrew's webinar because the promo stated that he uses currency strength and weakness in his analysis. This is the way I trade also.
    Andrew's analysis of currency strength and weakness helps you select only high probability trades by watching only the pairs suggested and entering signals from your own method/indicator limited to the direction suggested. Other consideration like support/resistance are at your discretion.
    I have been running a test with a currency strength meter and my indicator since the start of February and it has increased my win rate significantly.
    I recommend every currency trader look at individual currency strength/weakness before entering a trade.
    Trading is profitable when the probabilities are working for you.
    Thinking for yourself because sheep get slaughtered.
    Hope this helps
  3. stranik

    stranik Private, 1st Class

    Nov 16, 2011
    Likes Received:
    Aud is down more 100 pips for the day
    Usd strength across a board....

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