<h2 style="text-align: center;"><strong>THE DAILY FX POST
from
THE PREMIUM SERVICE
</strong></h2>
<h3 style="text-align: center;"><strong>DATE: Tuesday 9th December 2014
REF: #140</strong></h3>
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<ol>
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<h3><strong> OVERVIEW – INITIAL THOUGHTS:</strong></h3>
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There was a lot of activity in the past 12 hours.

I tweeted a few things during the small hours (for me); it looks like equities are coming under a lot of pressure; China and Greece providing most of the news. Russian growth expectations cut back. Strength of the USD is worrying analysts both sides of the pond, but you wonder is that just because the U.S. pressure groups to the media are in full swing as there will be profitability warnings down the line on U.S. multi-national companies. As you know the U.S. is a twisted society, corrupt to the core in politics.

I think that my favourite subject the EUROZONE will be in play again very soon. Early 2015 will be dominated by the next act in Greek tragedy.

Things are starting to warm up the VIX rose by about 20% yesterday, which is a nice indicator to follow.

GOLD, OIL and COPPER are all up so far this morning, so the markets are against my trading fundamentals at the moment, hence, another reason for holding back. U.S. futures are down and European bourses looks like a re –run of the blitz. The Athens stock market is down 10% the leader in the moves lower. Prepare yourself for a German or ECB sound-byte!!

We took some nice profits in the NZD/USD (just before the bounce back) and GBP/NZD (just before the pullback at trend line resistance) yesterday; I am not looking to add more set-ups today. I want to see the RBNZ out of the way and given the moves in the past few hours I want to see how the dust settles first.<strong> </strong>

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<ol start="2">
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<h3><strong> KEY NEWS EVENTS NEXT 24 hours (BASED UPON (NYC) EDT TIME:</strong></h3>
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CNY: - CPi.

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<h3><strong> EXISTING LIVE TRADES:</strong></h3>
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<strong>RADAR TRADES:</strong>

There are currently no LIVE RADAR TRADES at this time.

<strong>FLASH TRADES:</strong>

FT230
EUR/CHF
Long at: 1.2040
Stop at: 1.1920
Limit at: 1.2500
Price now: 1.2022
Current Profit / Loss Position: -18 pips

FT251
EUR/USD
Short at 1.2291
Stop at: 1.2450 (note new level I will be adding to this pair above 1.2400)
Limit at: 1.1860
Price Now: 1.2371
Current Profit / Loss Position: -80 pips

FT251
USD/CHF
Long at: 0.9776
Stop at: 0.9640 (Note new level)
Limit at: 1.0000
Price Now: 0.9717
Current Profit / Loss Position: -69 pips

FT257
GBP/USD
Short at 1.5643
Stop at: 1.1.5750
Limit at: 1.5000
Price Now: 1.5652
Current Profit / Loss Position: -9 pips<strong> </strong>

<strong>FUNDAMENTAL TRADES:</strong><strong> </strong>

There are no LIVE FUNDAMENTAL TRADES at this point in time.

<strong> </strong><strong> </strong>
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<h3><strong> LIMIT &amp; STOP ORDERS WITH BROKERS:</strong></h3>
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RT235
AUD/USD
Short at: 0.8340 (Note new level)
Stop at: 0.8420 (Note new level)
Limit at: 0.8020

RT236
EUR/GBP
Short at: 0.7920
Stop at: 0.7995
Limit at: 0.7580

RT237
NZD/USD
Short at: 0.7690
Stop at: 0.7750
Limit at: 0.6900

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Please note that tomorrow I have to take the Jeep to Chrysler for some recall work.......
Therefore there will be no DAILY FX POST tomorrow (Wednesday).

&nbsp;

Scott Pickering
The Pip Accumulator
<a href="http://www.weeklyfxdrivethru.com">www.weeklyfxdrivethru.com</a>
Twitter: @ThePremService
Email: premiumservice@weeklyfxdrivethru.com

<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.