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Currency Strength and Weakness Monday 2nd March 2015

Discussion in 'Andrew Mitchem- Daily Strengths and Weaknesses' started by Andrew Mitchem, Mar 1, 2015.

  1. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

    Sep 27, 2012
    Likes Received:
    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 and GBP.

    Overall there is weakness in the EUR, CHF and JPY

    Trading Directions I am favouring for the next 24 hours

    IMPORTANT: Just to let you know that Monday's trade analysis, when the market opens at the beginning of the new week (Sunday if you are in the US/Europe) are usually the hardest to pick and if you wanted a day off trading, that would generally be the day to choose. The reason being; I am looking at the previous week's prices and the new open prices for the week when making my analysis on a Monday and of course many things can happen between the close of the market one week and the opening of the market the next week and the market sentiment can often change. Just bear this in mind each Monday (Sunday US time)

    Buy Trades – GBP/JPY, NZD/JPY

    Sell Trades – EUR/NZD

    VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given above. 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.


    In this week's video I talk about:

    “Take Charge of your Financial Future”

    Find out more by clicking by signature below.

    Have a great week ahead.
    Andrew Mitchem

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

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    #1 Andrew Mitchem, Mar 1, 2015
    Lasted edited by : Sep 2, 2019

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