Currency Strength and Weakness for Wednesday 4th September 2013

Andrew Mitchem

Special Consultant to the FPA
Messages
3,139
Hi Traders,

Thank you for your emails regarding my analysis on this forum. They are greatly appreciated and I'm pleased to be able to help point people in the right direction with their trading.

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 AUD with minor strength in the GBP and CAD.

Overall there is weakness JPY, NZD, EUR and CHF.


Trading Directions I am favouring for the next 24 hours


Buy Trades - AUD/USD, AUD/JPY, AUD/NZD, AUD/CHF, CAD/CHF, XAU/USD

Sell Trades - EUR/AUD, EUR/CAD


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:
I've received some great feedback from FPA members who have attended my Forex traders webinar. If you have not yet attended one of these webinars and you are new to trading and 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:
Hello Andrew,
I started looking at your suggestions yesterday. I made profits from all your recommendations. Though, am still trading a demo account I will soon go live! Thank you for those valuable information you provide for free.
 
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