&nbsp;
<ol>
	<li><span style="font-size: 14pt;"><strong> INTRODUCTION:</strong></span></li>
</ol>
What a week the last week was. There was so much anticipation and planning involved on trades and risk exposure ahead of the ECB and NFP.

Draghi wasted a huge amount of my preparation time and efforts to have my TRADING PLAN options ready on Thursday for the ECB Press Conference, with the actual reality of the event being what I can only describe very politely as a wasteofeffingtime.com. His presentation was so wet; it was wetter than the wettest fish ever caught from the deepest and wettest part of the ocean. He delivered bugger all, wasted everyone’s time and showed the world for once and all that he and the ECB are puppets of Berlin. There can now be no confusion or belief otherwise.

Non-Farm payrolls provided a pretty good number yesterday (3<sup>rd</sup> October) and the USD strength came flushing through the Forex market like a hot knife through butter. Key support and resistance levels were tested and I believe that this sets us Forex traders up perfectly for the coming weeks. I see no reason now why we should not be directional for some time. This is great news. In fact, it’s brilliant news. I think in seven years of trading I can only remember true directional trading maybe four, or five times…. happy days ahead…I hope!!

Two weeks ago (20<sup>th</sup> September), I wrote about a directional market with my dominoes.

Below in italics are the dominoes that fell into position the week following my initial blog and one week ago, they are in <strong><span style="color: #3366ff;">BLUE BOLD (27<sup>th</sup> September).</span></strong><strong> </strong>

From last week to this week the remaining dominoes are now in place they are in<span style="color: #ff0000;"><strong> RED BOLD</strong>.</span>

There are <span style="text-decoration: underline;"><strong>none</strong></span> of my original dominoes left now.

&nbsp;

<em>What are dominoes that I see falling?</em>

<em>These may not be in the order in which they will happen, but it is my assessment of what may happen. Plus: this can all happen very, very quickly.</em><em> </em>

<span style="color: #3366ff;"><strong><em>USD index: Hits 85.00 or above as both the EUR and JPY continue to weaken.
</em></strong><em>
<strong>EUR/USD: Slips through 1.2760 and heads for 1.2500.
</strong>
<strong>USD/JPY: Breaks through 109.00 with conviction and heads towards 112.00.</strong></em></span>

<em><span style="color: #3366ff;"> <strong>TREASURY BOND YIELDS: They continue to rise as Bond prices fall, fueling the USD/JPY move higher.
</strong></span>
<span style="color: #ff0000;"><strong>GOLD: Starts to drop through $1200.00 on the back of the start of USD strength and heads towards $1,100.00.</strong></span></em>

<span style="color: #ff0000;"><strong><em> COPPER: Starts to look as if it is about to head for a test of $3.00 as the precious metals markets start to sell-off.
</em></strong></span><em>
<strong><span style="color: #3366ff;">COMMODITY CURRENCIES: They start to fall ahead of the equities markets. AUD/USD heads through support and targets 0.8500. The NZD/USD drops as well and heads towards 0.7500. The USD/CAD catches a lift through 1.1100 and heads towards 1.1500.</span>
</strong></em>

<span style="color: #ff0000;"><strong><em>OIL (WTi): Tests $90.00 and breaks lower towards $85.00. The move is accelerated as the USD continues to head towards 90.00.</em></strong></span><strong><em>
</em></strong><em>
<span style="color: #3366ff;"><strong>COMMODITY PRICES: Start to come under pressure and fall.</strong></span></em>

<span style="color: #3366ff;"><em> <strong>THE VIX: This starts to trade at new highs.</strong></em></span>

The only caveat I have now, based upon the above is that we may have to have a few days consolidation before the next leg lower.

Use the EUR/USD as the key indicator regarding the size of the move. But, as always AUD/USD and USD/CAD commodity currencies are the lead indicators along with “The Holy Trinity” of GOLD, OIL and COPPER.

<strong> </strong>
<ol start="2">
	<li><strong><span style="font-size: 14pt;"> THE PREMIUM SERVICE: –</span>

</strong></li>
</ol>
<p style="text-align: center;"><span style="font-size: 12pt;"><strong>OVERVIEW, TRADING ACTIVITY, NEWS UPDATE &amp; MONTHLY AND
</strong><strong>YEAR TO DATE TRADING SUMMARIES:</strong></span></p>
<span style="text-decoration: underline;">2.1 OVERVIEW:</span>

For new readers who may not be aware, I refer to the PREMIUM SERVICE quite a lot in this blog and for more details about what it is, and, how much it costs, you will need to go the welcome page of <a href="http://www.weeklyfxdrivethru.com">www.weeklyfxdrivethru.com</a> At the top of the page there are three drop down menus: PREMIUM SERVICE, SIGN-UP and DISCLAIMER. Further details and how to join are all contained there. You will need at PayPal account to subscribe.

<span style="text-decoration: underline;">2.2 TRADING ACTIVITY:</span>

A great trading end of the third quarter, with the results to 30<sup>th</sup> September being: -

MICRO LOTS – cost of trades $37.30 - PROFIT $ 802.50
MINI LOTS – cost of trades $373.00 - PROFIT $8,025.00
STANDARD LOTS – cost of trades $3,730.00 - PROFIT $ 80,260.00

(All from single lot trades total of 373 trades 2014 to date)

The PREMIUM SERVICE really caters for all types of traders and all sizes of wallets.

The first three days of October summarized below are showing a continuation of the great September performance continuing.<strong> </strong>

<span style="text-decoration: underline;">2.3 MONTHLY AND YEAR TO DATE TRADING SUMMARIES<strong>:</strong></span>

Below I show the up to date performances for my various trading styles. Full excel spreadsheets are in the subscriber area of the PREMIUM SERVICE website.

Below are the excel spreadsheets covering this month so far and the year 2014 to date.

<a href="https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/PREM-SEWRVICE-PROFITS1-04102014.png"><img class="aligncenter size-full wp-image-4486" src="https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/PREM-SEWRVICE-PROFITS1-04102014.png" alt="PREM SEWRVICE PROFITS1 04102014" width="447" height="421" /></a>

<a href="https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/PREM-SERVICE-PROFITS2-04102014.png"><img class="aligncenter size-full wp-image-4487" src="https://weeklyfxdrivethru.com/wp-content/uploads/2014/10/PREM-SERVICE-PROFITS2-04102014.png" alt="PREM SERVICE PROFITS2 04102014" width="454" height="423" /></a>

<span style="text-decoration: underline;">PLEASE NOTE:</span>

The above examples in sections 2.2 and 2.3 are for illustration purposes only. The profitability examples detailed above are based solely upon single lot trading, regardless of lot type. If multiple lot sizes are traded the profitability margins will be different than those shown.

Just to provide more information so you understand where I am coming from with the risk / reward statements above. All of my trades are of different sizes and different size lot types. The above does not reflect the actual trading performance, but it does show you the direction of the performance of the trades placed. I like to add to trades, profits are taken as the trade progresses and my overall cost average moves several times. All of my trades are of different lot styles. I trade a mixture of micro lots, mini lots and standard lots across my brokers.

The above results simply display your profit or loss if you placed a single lot trade on all the set-ups suggested and did nothing else.

You must always remember to follow properly executed RISK MANAGEMENT and POSITION SIZING disciplines with all your trades and remember that Forex trading with a high degree of leverage can significantly increase your profits and losses. You should trade with a TRADE PLAN and NOT risk monies that you cannot afford to lose.

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<strong> </strong>
<ol start="3">
	<li><span style="font-size: 14pt;"><strong> THE FUNDAMENTAL TRADERS OVERVIEW:</strong></span></li>
</ol>
<strong> </strong>
<p style="text-align: center;"><span style="font-size: 12pt;"><strong>THE ECB WILL BE SAVED BY THE FED</strong></span></p>
A totally pathetic performance from Draghi last week really highlighted a fundamental flaw with the single currency. Draghi’s hands are tied and he is what I have said for years now, just a puppet of Berlin. Between the Bundesbank and Angela Merkel he really has limited flexibility with approach.

He can verbalize all he wants but when it comes to anything beyond verbalization and playing with interest rates the ECB is really operating as a central bank with no real emergency powers.

Germany runs the EUROZONE and that is a fact. The rest of the single currency countries may as well be regions of Germany like Saxony. The EUROZONE periphery countries are trying to boost and grow their own GDP results without the ability to control their own central bank to loosen policies. To be honest, without this control / help they are farting against thunder.

Germany says no…. so the periphery suffers.
<ol>
	<li>CPi:</li>
	<li>PMi: data is patchy at best.</li>
	<li>UNEMPLOYMENT: percentages are at record high levels. (Youth unemployment…the future of the EUROZONE is criminally high).</li>
	<li>CURRENCY EXCHANGE RATES: Too high they prevent exports flourishing.</li>
	<li>BUSINESS CONFIDENCE SURVEYS: At low levels.</li>
</ol>
(None of the above data represents anything remotely like a rosy picture)

So, so far Draghi has cut interest rates and introduced negative deposit rates for banks depositing monies overnight at the ECB. This has brought the exchange rate of the EUR/USD lower from 1.3980 in May 2014 to around present levels at 1.2500.

This is a 1,400-pip move and should not be under-estimated. The easy money as they say has been made. Now we have the crucial move to happen and Draghi is helpless. I know, there are TLTRO’s and QE factors to consider, but the initial TLTRO take up was poor and purchasing ABS through QE in the EUROZONE has massive legal problems for the ECB so I am discounting this as nothing more than verbalization from Draghi to once again move the markets with another version of his “Whatever it takes’. Draghi is the master of talk and the master delay or just no follow up at all. Talk is cheap.

But like a “Hollywood Wild West” movie of the past…the cavalry is on the horizon. What a strange looking cavalry picture I could give you - Janet Yellen and a black stallion? Do not panic I am not going there.

But the FED is the cavalry as far as the ECB should be concerned. FED policy will strengthen the USD and by virtue of this fact the EUR will weaken, at least against the USD.

Remember the FED is on a tightening monetary policy as QE (Quantitative Easing) finishes this month. Within 6 months U.S. interest rates will be rising.

The ECB are committed to a low rate accommodative policy (loosening) for what could be years. The ECB has DEFLATION, despite what all bankers, Country-head leaders, Finance ministers and Draghi says. They call it dis-inflation. My a** - call it what it is.

The EUROZONE economy is weak and they (Leaders and ECB) are so dis-jointed they cannot even after 6/7 years have a committed agreed policy to tackle the issues.

Every single initiative announced by the ECB or EUROZONE is never completed. Where is for example the Banking Tzar? Don’t worry they are only three years trying to hammer out a job spec and job size for the position, never mind finding a patsy to do it.

Holy Mother of God, my eldest Labrador Ozzy (3.5 years old) can do that job. As long as you say to Berlin and the Bundesbank, eat fine food and drink fine wines; well he would only be on water but he could bring home a bottle or two of the fine wines drunk in EUROZONE for his daddy!. Ozzy is Labrador, he can eat tons of food, all types he is not discerning at all, and once he understands the routine no better dog. An ideal candidate for the Germans… lets get him the application form

Basically the U.S. and EUROZONE areas are on divergent monetary policies. So the EUR/USD is in safe hands.

The biggest trading partner of the EUROZONE however is Japan. Those clever Japanese chaps, have more money than anyone, and they are on a “weaken” the JPY policy. They are committing three times more cash than Helicopter Ben was doing at his peak to support the U.S. equity markets.

I suppose this comes down to how the markets react. We will the see the EUR lower against the JPY as well or will this JPY pair act like the other JPY pairs. Only time will tell.

The Australian and New Zealand governments are on a weakening policy as well, although these two countries are small fry in this game as it plays out.

My gut feeling at the moment, with the information on hand, is that the USD will conquer all and as far as the JPY is concerned the USD/JPY will dictate JPY price action to a limited degree allowing the AUD/JPY, NZD/JPY and EUR/JPY to weaken using the USD as cross rates towards the JPY. But hey… who knows at this precise point at time.

The bottom-line is that the USD (DXY) is in breakout territory, before interest rates have actually been raised. I know the argument about equities being a forwarding pricing mechanism, but frankly it’s not 100% priced in at the moment , in my opinion, and momentum moves markets as well.

My thought process is that if you took the following trades today, closed your computer and opened it up in June next year (2015) I think you would be in quite a nice profitable trading position: -

AUD/USD, EUR/USD, GBP/USD and NZD/USD all short
and the
USD/CHF, USD/CAD, USD/JPY, USD/SEK and USD/NOK all long

&nbsp;

&nbsp;
<ol start="4">
	<li><strong><span style="font-size: 14pt;"> TRADER TOPICS:</span>

</strong></li>
</ol>
<p style="text-align: center;"><span style="font-size: 12pt;"><strong>DON’T GIVE UP ON YOUR TRADE PLAN</strong></span><strong> </strong></p>
Coming back from the summer vacation can bring with it several issues that you need to address pretty quickly to get in the groove once again.

I wrote recently that during vacation times you could use these periods to try out new strategies and test them to see if the warrant promotion to be included in your TRADE PLAN.

In some cases I have heard of traders returning from vacation and for reasons unknown they abandon their TRADE PLAN. Your TRADE PLAN should contain your tried and tested strategies that work with entry and exit guidelines.

This year (2014) the Forex market has gone through lots of changes, different from previous years, by this I mean the INTER-BANK markets are suffering from vastly reduced profits and the markets in general have been very, very slow moving as a result.

Having read a little on this subject here are the top four items that might tempt you to abandon your TRADE PLAN. Therefore, these are things to avoid.

<span style="text-decoration: underline;">BOREDOM:</span>

Even though the Forex market never sleeps, particularly in slow moving markets periods of very slow market activity are increased. It can therefore be quite boring when there is little or no activity waiting for a valid entry set-up to materialize.

Many traders have reacted to BOREDOM by forcing trades just to feel engaged with the market. To do this they deviate away from their TRADE PLAN and enter trades that would not normally be considered. This leads to poor trading decisions.

If you find yourself tempted whilst being bored, walk away from the computer and leave the charts alone.

Abandoning your TRADE PLAN is NOT the solution.

<span style="text-decoration: underline;">DISTRACTIONS:</span>

While boredom can lead to bad trading decisions, being surrounded by too much excitement can also be very harmful. Your workspace must be conducive to trading. No distractions on TV or the radio.

Distractions can lead to a loss of focus. The markets are cruel and offer no apologies if you make an error on a trade, basically, the markets are not forgiving.

If you trade in separate room maybe a “Do Not Disturb” notice is a start.

<span style="text-decoration: underline;">OVERCONFIDENCE / LOSS OF CONFIDENCE:</span>

If you get on a profitable trade after a profitable run, you feel invincible. Should this happen never get so overconfident that you ditch your TRADE PLAN. That is a slippery slope that leads to a potential blow up of your trading account, as you fight poor trade after poor trade to get back losses.

Everyone gets confident after a number of back-to-back profitable trades, but remember that it is extremely dangerous to be overconfident. Being overconfident can cloud your judgment and lead you down a trade route away from your TRADE PLAN. It could make you take invalid trade set-ups and risk position sizes that are too large or leave open a losing trade longer than your TRADE PLAN dictates.

Likewise, having a lack of confidence as a result of back-to-back losing trades can lead you to abandon your TRADE PLAN. Lack of confidence can manifest itself in other ways, like closing a profitable trade earlier than you should because you are afraid of losing $$$.

Sometimes its hard, but the trick is to be able to cope with both a series of back-to-back profitable trades or back-to-back losing trades, being able to treat them as one trade at a time, devoting your attention to the trade at hand, it makes it much easier to clear your head of past successes and failures.

<span style="text-decoration: underline;">FATIGUE:</span>

It’s not hard to lose your concentration if you are physically and/or mentally exhausted. It’s a recipe for disaster.

When you are fatigued, you’re not as sharp as you normally are. This can lead to slower reaction times, and you may not process matters as thoroughly. These factors can also lead you to trade outside of your TRADE PLAN and make some bad trading decisions.

It sounds so obvious but the solution is simple…. take a break and get some test. Your account does not suffer if you step away and some of the most profitable trades to take are the ones that you do not initiate. You can do more harm and damage trading when you are not 100%.

<strong> </strong>
<ol start="5">
	<li><span style="font-size: 14pt;"><strong> MY CURRENT LIVE TRADES:</strong></span></li>
</ol>
<span style="font-size: 12pt;"><strong>RADAR TRADES:</strong></span>

<strong> </strong>RT143
AUD/NZD
Long
Cost Average at: 1.1200
Stop at 1.0900
Limit at 1.1550
Present Price: 1.1162
Current Profit / Loss Position: -38 pips

<strong> </strong>

<span style="font-size: 12pt;"><strong>FLASH TRADES:</strong></span>

FT1190
NZD/USD
Short
Cost Average at: 0.7793
Stop at 0.7930
Limit at 0.6580
Present Price: 0.7756
Current Profit / Loss Position: +37 pips

FT191
AUD/USD
Short
Cost Average at: 0.8709
Stop at 0.8820
Limit at 0.8000
Present Price: 0.8673
Current Profit / Loss Position: +36 pips

FT192
EUR/USD
Short
Cost Average at: 1.2537
Stop at 1.2620
Limit at 1.1860
Present Price: 1.2514
Current Profit / Loss Position: +23 pips

FT193
GBP/USD
Short
Cost Average at: 1.6015
Stop at 1.6080
Limit at 1.5750
Present Price: 1.5966
Current Profit / Loss Position: +49 pips

FT194
USD/CAD
Long
Cost Average at: 1.1230
Stop at 1.1150
Limit at 1.1570
Present Price: 1.1242
Current Profit / Loss Position: +12 pips

FT195
USD/CHF
Long
Cost Average at: 0.9655
Stop at 0.9580
Limit at 0.9950
Present Price: 0.9670
Current Profit / Loss Position: +15 pips

<strong>FUNDAMENTAL TRADES:</strong>

<span style="font-size: 10pt;">FUN44</span>
<span style="font-size: 10pt;"> GBP/NZD</span>
<span style="font-size: 10pt;"> Long</span>
<span style="font-size: 10pt;"> Cost Average at: 2.0507 </span>
<span style="font-size: 10pt;"> Stop at 2.0000</span>
<span style="font-size: 10pt;"> Limit at 2.3200</span>
<span style="font-size: 10pt;"> Present Price: 2.0529</span>
<span style="font-size: 10pt;"> Current Profit / Loss Position: +22 pips</span>

<strong> </strong><strong> </strong>
<ol start="6">
	<li><span style="font-size: 14pt;"><strong> TRADES THAT ARE ON MY RADAR:</strong></span></li>
</ol>
I am looking at the Nordic currencies and commodity cross-rate pairs but I will not be entering trades until next week.

Be on the look out Monday / Tuesday for RADAR and FUNDAMENTAL trades in the following: -

USD/SEK, USD/NOK, EUR/NZD, EUR/AUD, EUR/CAD, GBP/AUD and GBP/CAD

I will react to all of the pairs as the market unfolds next week.

<strong> </strong>
<ol start="7">
	<li><span style="font-size: 14pt;"><strong> LOOKING FORWARD…THE KEY SUPPORT &amp; RESISTANCE LEVELS WITH THE USD MAJORS:</strong></span></li>
</ol>
<strong>EUR/USD: Closing Price 1.2514.</strong> The sell off in the EUR/USD continues even though Draghi did very little himself to keep it going. Good economic statistics on the job front and ISM data on Friday did the trick. The EUR/USD has now fallen about 1400 pips from it’s May 2014 highs. The next support level is 1.2460. On the other side of the trade resistance now lies back up at 1.2660. Unless we pass this level I think we are still very bearish.

<strong>GBP/USD: Closing Price 1.5966</strong>. I heard one analyst call the cable “poop on a stick”. Can’t really argue with that. The sell off post Scottish referendum continues and God only knows where we would be now on a YES vote. Probably pushing 1.5000. Where we are ultimately going with this pair no one can really know. All I can say is that we are extremely bearish. The next stopping point for support is 1.5750. Resistance is good back at 1.6000 and then 1.6160.

<strong>AUD/USD: Closing Price 0.8673</strong>. In the past week we have seen another 100-pip sell off in the Aussie. We are slowly making our way to 0.8000. I think that this is the area that RBA governor Glenn Stevens has in mind as an equitable exchange rate for the AUD/USD. We closed just back above 0.8660, which had been holding us up from falling on a couple of occasions over recent days.
Support is at 0.8660 and below there its looking like 0.8570. On the upside there will be sellers ready to step in around 0.8750.

<strong>NZD/USD: Closing Price 0.7756</strong>. This Kiwi also pulled back another 100 pips on its decline to the target of 0.6500 set out by the New Zealand Prime Minister recently. I think that a run for 0.7500 looks on the cards it is just a question of how fast we run from 0.7500 to 0.7000. That may take some time, as the fall from 0.8800 to 0.7800 was very rapid. We need to slow things up a little for the good health of business that transacts in and out of New Zealand. Support will be good at 0.7700 and resistance at 0.7850 is strong.

<strong>USD/CAD: Closing Price 1.1242.</strong> We are now in breakout territory for the “Loonie”. It is just a question of will it behave now? The fall in the price of Crude is helping to keep this currency pair elevated and as long as this continues we should see the USD/CAD push higher. The next level of resistance is around 1.1290 to 1.1320. Support is good at 1.1230 and below there 1.1180.

<strong>USD/CHF: Closing Price 0.9670</strong>. As the EUR/USD fell the USD/CHF broke through tough resistance and pushed higher. I can see parity and above again before too long with this pair. Now that we are above 0.9600 the next big resistance is really at 0.9750. Support is good back at 0.9580.

<strong>USD/JPY: Closing Price 109.75. </strong>Over the last week it has been a bit of a roller coaster for the USD/JPY. It struck at 110.00 and dropped back 200 pips only to bounce back after Non-Farm Payrolls. Resistance is obviously strong at the highs of 110.00. Support will be strong at 108.50.

<strong> </strong>
<ol start="8">
	<li><span style="font-size: 14pt;"><strong> MAJOR TRADING PAIRS WITH LONGER-TERM TRENDS MATCHING:</strong></span></li>
</ol>
The following currency pairs have Short Term (DAILY), Medium Term (WEEKLY) and Long Term (MONTHLY) charts all trending in the same direction.

<span style="text-decoration: underline;">LONG:</span>

USD/CAD
USD/CHF
USD/JPY
GBP/CHF
AUD/NZD
USD/DKK
USD/NOK
USD/SEK

<span style="text-decoration: underline;">SHORT:

</span>EUR/USD
GBP/USD
AUD/USD
NZD/USD
AUD/JPY
NZD/JPY
AUD/CAD
EUR/CAD
GBP/CAD

<strong> </strong>
<ol start="9">
	<li><span style="font-size: 14pt;"><strong> MAJOR FOREX NEWS THIS WEEK THAT INTERESTS ME:</strong></span></li>
</ol>
SUNDAY: N/A.

MONDAY: NZD – NZIER Business Confidence.
MONDAY: CAD – Ivey PMi.
MONDAY: AUD – RBA Rate Statement and Interest Rates.

TUESDAY: CAD – Building Permits.

WEDNESDAY: USD – FOMC Meeting Minutes.
WEDNESDAY: AUD – Employment Change and Unemployment Rate.

THURSDAY: GBP – Asset Purchase Facility and Bank Rate.

FRIDAY: CAD –Employment Change &amp; Unemployment Rate.

<strong> </strong>

<span style="font-size: 14pt;"><span style="font-size: 10pt;">10</span><strong><span style="font-size: 10pt;">.</span> FINAL THOUGHTS:</strong></span>

This should be a great week of trading coming up. There were some good moves after Non-Farm Payrolls on Friday so we should expect some consolidation on Monday in the North American session and then we could see the next leg lower in some of the currencies. In particular, the EUR/USD and GBP/USD, which both look vulnerable.

In addition, do not forget the commodity currencies. It’s all about commodities, they lead the markets in directional moves and the Aussie, Kiwi and Loonie all look in positions that could set up big moves. This is why under the section TRADES ON MY RADAR I am looking closely at the commodity cross-rates.

Just remember; always use the RISK MANAGEMENT principles outlined in the PREMIUM SERVICE web site TRADING ESSENTIALS section to ensure that you do not over-stretch your Forex account. Longevity in the Forex market is only achieved through strong TRADING DISCIPLINES that include effective and strategic POSITION SIZING.

Good Luck.

Scott Pickering
The Pip Accumulator
Saturday October 4th 2014

EMAIL / FOLLOW ME AT:
premiumservice@weeklyfxdrivethru.com
Twitter: @pipaccumulator
Twitter: @ThePremService
Google+/scottpickering

<strong>DISCLAIMER:</strong>

FLASH, RADAR and FUNDAMENTAL trade set-ups, “Tweets” and “Trade ideas” that are posted in my blogs or on Twitter are trades and set-ups that interest me. They are provided for training and informational purposes only and should not be interpreted as an offer, solicitation or recommendation of any specific security or investment strategy. Past performance is not indicative of future results. Trading Forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial adviser if you have any doubts.

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