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Currency Strength and Weakness for Wednesday 27th February 2013

Discussion in 'Andrew Mitchem- Daily Strengths and Weaknesses' started by Andrew Mitchem, Feb 26, 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.

    Many currencies are in an indecision mode right now which means there are very few clear strengths or weaknesses.

    Overall there is minor strength in the USD and EUR.

    Overall there is weakness in the NZD and minor weakness in the GBP.



    Today’s Trading Pairs - Likely Strengths and Weaknesses

    Buy Trades - EUR/NZD

    Sell Trades - NZD/USD


    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. abdelgalil hassan

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    Really very good topic and analyze, it helps me a lot to gain profit ....

    Very thanks

    Andrew
     
  3. FreddyFX

    FreddyFX Sergeant

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    Sounds like a day to run errands.
     
  4. nepal

    nepal Private, 1st Class

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    Andrew, thank you for your job. Impressive results.
     
  5. manny

    manny Private

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    7% gain after adding your analysis to my strategy.:)
     
  6. John Martens

    John Martens Recruit

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    Hi Andrew -

    I'm surprised you stayed away from JPY today (I guess due to volatility) and AUD, which is also as weak as GBP. Also - CAD is showing a bit of strength today after job numbers.
    Any reason why those other currencies are off the radar today?

    Thanks as always.
     
  7. The_Snowman

    The_Snowman Banned for uncivilized racist postings

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    Interesrting that comments are screened? say anything slightly negative and it doesn't show, like we cannot voice an opinion ? hardly a fair forum really

    AsstModerator Note: Snowman, please see post number 9 below.
     
    #7 The_Snowman, Feb 26, 2013
    Lasted edited by : Feb 26, 2013
  8. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

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    Hi snowman,

    Not really sure where you get that from as nothing is screened from my side. I answered your question yesterday - did you not see that?

    I'm giving this information and my time here for free so I'd be interested to know what "negative" comments you have.

    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>>

     
  9. AsstModerator

    AsstModerator FPA Forums and Reviews Admin

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    Hello Snowman,

    I believe you are referring to the negative comment you posted here...

    http://www.forexpeacearmy.com/forex...monday-25th-february-2013-a-2.html#post114144

    The FPA forums are forced to employ Spam-O-Matic to reduce the number of commercial posts. The logic used by Spam-O-Matic is not always what I would call logical. It doesn't care if a post is positive or negative. I'm often surprised by the innocent and friendly posts it flags. On the other hand, it catches about 98% of the inappropriate ads, so I'm not going to complain about it too much.

    Your post was only delayed. I personally approved your post as soon as I saw it in the queue.

    The software automatically relaxes its controls as your post count increases. Keep commenting, good or bad, and it will become less and less likely to delay your posts.
     
  10. Deborah Moon

    Deborah Moon Private, 1st Class

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    Hi Andrew,

    thank you for the recommendations yesterday I am up over 100 pips and could have gone much further !
    Four out of the five trades based on your Buy and Sell tips were winners - with these odds and your Reward to risk ratio plus the free lot size calculator - I can see this may be a turning point in my trading.

    Thank you so much and congratulations on your forex skills !

    Deborah
     

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